menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

The Open P...
source image

Global Fintech Series

6d

read

276

img
dot

Image Credit: Global Fintech Series

The Open Platform Is First Unicorn in Web3 Ecosystem in Telegram at $1Billion Valuation

  • The Open Platform in Telegram has become the first unicorn in the TON-based ecosystem with a $1 billion valuation after completing its Series A funding round led by Ribbit Capital and Pantera Capital.
  • The raised $28.5 million in an extended Series A funding round, bringing the total funding secured by The Open Platform to over $70 million, showcasing investor confidence in its ability to drive blockchain ecosystem growth in Telegram.
  • The investment will support the geographic expansion of TOP's portfolio companies across the U.S., EU, and other regions, focusing on regulatory licensing, compliance infrastructure, and security enhancements.
  • The Open Platform aims to leverage TON Blockchain in conjunction with Telegram's global reach to onboard a billion users to crypto, offering various products and apps to drive mainstream adoption of blockchain technology.

Read Full Article

like

16 Likes

For uninterrupted reading, download the app