The TON Foundation confirmed its plans on January 14, signaling a major shift toward the American market.
A Big Move for TON
This push comes as the TON Foundation works to expand its influence and utility. Established as a nonprofit in Switzerland in 2023, the foundation is entirely community-funded and independent of Telegram. The blockchain still has strong ties to Telegram, with CEO Pavel Durov frequently backing the project.
TON Foundation welcomes @ManuelStotz as its new President, focusing on expanding operations in the US. 💎
With a strong background in global investment and blockchain, Manuel is well-positioned to lead the next chapter of $TON‘s growth.
As a co-founder of Kingsway Capital, he… pic.twitter.com/ABWuBbCLOZ
— TON 💎 (@ton_blockchain) January 14, 2025
Telegram has integrated TON and its native cryptocurrency, Toncoin, into its platform in several ways. This includes default support through third-party crypto wallets. These integrations are making waves among Telegram’s massive user base.
More About TON
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