TAC announced it has secured $11.5 million in funding to bring DeFi into Telegram's billion-user ecosystem. The latest round of $5 million strategic financing was led by Hack VC. (Background: Telegram received $300 million in cash and equity from xAI, Musk invests in Grok, and TON surged 20%) (Additional context: Telegram successfully raised $1.5 billion in bonds! Investors include BlackRock, Castle, Mubadala, and others) (This article is a press release written and provided by TAC and does not represent the position of BlockTempo) New York — June 18. TAC is a blockchain designed specifically for EVM dApps, aimed at helping them connect to the TON and Telegram ecosystem. TAC has raised a total of $11.5 million in its seed and strategic rounds. The latest $5 million strategic financing led by Hack VC further strengthens TAC's mission: to support enhanced blockchain functionality within Telegram. Telegram is the richest environment for users in the crypto world. "At Hack VC, we invest in teams building the future of the internet," said Ed Roman, managing partner at Hack VC. "TAC is an exceptional team with a deep understanding of infrastructure and growth, with years of experience building in this space. Leading this round of strategic financing reflects our strong confidence in TAC's ability to allow Ethereum dApps to reach global users through Telegram and TON." The TAC mainnet is set to launch soon, currently rolling out in phases. In the current DevMainnet phase, blue-chip DeFi protocols such as Curve, Morpho, and Euler have already deployed, with over 20 leading applications preparing for mainnet integration. These early advancements ensure that once TAC goes public, the ecosystem will have deep liquidity, mature DeFi primitives, and immediate user utility within Telegram. The liquidity bootstrapping activity before the TAC mainnet launch, The Summoning, has generated strong interest from industry-leading funds, liquidity providers, and infrastructure participants. Before the mainnet goes live, TAC has secured over $700 million in total value locked (TVL), reflecting the confidence from various parties in TAC's role as the DeFi layer for TON. Crucially, this liquidity will support core DeFi applications from day one of the mainnet launch, enabling real yield and market functionality. "TAC is committed to providing tools and expanding coverage for EVM developers to deploy their applications into the Telegram ecosystem of over a billion users," said Pavel Altukhov, co-founder and CEO of TAC. "This strategic financing accelerates our mission of bringing Ethereum applications to everyday users and lays the groundwork for the next wave of TON-native consumer applications." Curve, Morpho, and Euler have built dedicated Telegram Mini Apps (TMAs), allowing their products to be accessed natively within Telegram. Meanwhile, some popular consumer TMAs are beginning to integrate DeFi functionalities on the backend, distributing yields and financial tools to non-crypto users. TAC believes that this integration within the super app Telegram is the pathway to mass adoption. Curve, Morpho, and Euler have established dedicated Telegram Mini Apps (TMA), enabling their products to be accessed natively within Telegram. Concurrently, some popular consumer TMAs are starting to integrate DeFi functionalities on the backend, distributing yields and financial tools to non-crypto users. TAC believes that this integration within the super app Telegram is the key pathway to achieving mass adoption. About TAC TAC is a blockchain designed specifically for EVM dApps, aimed at helping them connect to the 1 billion user base of the TON and Telegram ecosystem. TAC enables Ethereum dApps to deploy seamlessly on TON, bringing EVM functionality and liquidity into the TON ecosystem, allowing builders to focus on consumer use cases. Website | X | Discord | LinkedIn Euler "Euler is a powerful modular lending super app designed to achieve unparalleled capital efficiency, significantly enhancing liquidity for lending or swapping transactions on TAC," said Antoine L, head of business development at Euler. "The TAC team demonstrates exceptional technical execution and support capabilities. They are the ideal partner to bring our full suite of products into the Telegram and TON ecosystem." Morpho "Morpho is the safest, most efficient, and flexible lending platform. We are excited to partner with TAC to bring our proven products into the TON ecosystem," said Kirk, head of governance and multi-chain growth at Morpho. "Our Telegram MiniApp will provide one-click access to DeFi functionalities for over 1 billion users. The TAC team's deep understanding of infrastructure and distribution gives us confidence in bringing Morpho to Telegram and TON." Curve Finance "Curve's landing on TON and Telegram marks a breakthrough in DeFi accessibility," said Michael Egorov, founder of Curve Finance. "TAC realizes a bold vision of bringing proven EVM applications to where users are. We are proud to be one of the first companies to deploy and lead future developments." 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