US EditionThe Open Platform (TOP) Becomes First TON Unicorn With $1B Valuation Following $28.5M Raise
- On July 3rd, 2025, in Dubai, The Open Platform completed a $28.5 million Series A funding round, elevating its valuation to $1 billion and becoming the first unicorn within the TON ecosystem.
- This funding followed increased institutional interest in TON blockchain and included participation from Ribbit Capital and Pantera Capital, highlighting confidence in TOP and TON.
- TOP develops crypto tools integrated into Telegram, where its wallet is embedded in the app's main menu and accessible in regions outside the U.S. and Europe.
- CEO Andrew Rogozov explained that the funding aligns with their vision to expand blockchain adoption by utilizing Telegram’s extensive user base as a key distribution platform.
- TOP intends to allocate the funds to grow its presence in the U.S., Europe, and additional regions, while enhancing compliance, security measures, go-to-market efforts, and supporting the development of new TON-based initiatives.
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DailyTruthReportThe Open Platform Becomes First TON Unicorn Following $28.5M Raise
The Open Platform (TOP), a provider of tools for developers in Telegram’s crypto infrastructure, said it raised $28.5 million in an extended Series A round led by Ribbit Capital, with participation from Pantera Capital. The raise brings
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