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TON Wallet Backed by Pantera Raises $28.5M for Global Expansion

  • TON Wallet, backed by Pantera Capital, raises $28.5 million for global expansion, with the investment led by Ribbit Capital.
  • The funding round was entirely in equity, focused on scaling services into new markets and building legal and operational infrastructure.
  • The company plans to expand its wallet services into regulatory-heavy markets like the U.S. and Europe and invest in blockchain-based games and AI products on the TON network.
  • The TON ecosystem, with more than $70 million raised to date, sees renewed confidence and aims to serve as a gateway between Telegram's user base and decentralized applications.

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