US EditionThe Open Platform (TOP) Becomes First TON Unicorn With $1B Valuation Following $28.5M Raise
DUBAI, UNITED ARAB EMIRATES, JUL 3 – The Open Platform secured $28.5 million in Series A funding to grow Telegram’s crypto wallet and develop blockchain games and AI apps, raising total funding to over $70 million.
- The Open Platform raised $28.5 million in a Series A equity round on July 3rd, 2025, reaching a $1 billion valuation in Dubai, UAE.
- The raise followed growing institutional interest in TON blockchain and builds on previous investments, bringing TOP's total funding to over $70 million.
- Ribbit Capital led the round acquiring about 4% equity, and Pantera Capital participated with around 1%, aiming to expand TOP's blockchain tools across U.S., Europe, and other markets.
- Ryan Barney of Pantera expressed enthusiasm about backing innovative technology and financial solutions with the potential to impact a billion users, while TOP's CEO Andrew Rogozov emphasized utilizing Telegram’s extensive user base to bring a billion people into the crypto space.
- This funding positions TOP as the first unicorn in Telegram's TON ecosystem and indicates rising investor confidence in blockchain integration within the messaging app.
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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
·United States
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