The Telegram ecosystem platform TOP has completed a $28.5 million Series A funding round with a valuation of $1 billion.

robot
Abstract generation in progress

[Crypto World] The Open Platform, the Telegram ecosystem development platform, announced the completion of a $28.5 million Series A financing round, with a post-investment valuation of $1 billion. This round was led by fintech investment firm Ribbit Capital, with participation from crypto venture capital Pantera Capital. This financing round sold approximately 5% of the equity and did not include cryptocurrency shares. The Open Platform has raised over $70 million in total funding. TOP is the core developer of Telegram's official blockchain, The Open Network (TON), and its "Telegram Wallet" has been opened to users in regions such as Russia and Asia. The company's CEO stated that the new funds will be used to expand into the compliant markets of Europe and America and to incubate blockchain games and AI applications based on TON.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Share
Comment
0/400
StakeWhisperervip
· 07-05 23:40
Actually, it's a bit expensive...
View OriginalReply0
SignatureDeniedvip
· 07-05 02:32
Only 1 billion? It's too worthless these days.
View OriginalReply0
RektDetectivevip
· 07-04 01:28
With this little money, how can you still have the face to ask?
View OriginalReply0
GateUser-afe07a92vip
· 07-03 14:30
Why is it so easy to raise money in this circle?
View OriginalReply0
SatoshiChallengervip
· 07-03 14:28
Another mystery box with a valuation of 1 billion, looking forward to the birth of new suckers.
View OriginalReply0
WhaleSurfervip
· 07-03 14:23
Who doesn't want to do it! nt no bragging.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)