๐ The Open Platform Hits $1 Billion Valuation After $28.5M Series A Raise! ๐
According to PANews, The Open Platform (TOP) โ the core development team behind Telegramโs blockchain ecosystem (TON) โ has secured $28.5 million in Series A funding, pushing its valuation to $1B. ๐ฐ
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๐ Key Highlights:
โข ๐ผ Led by Ribbit Capital, with backing from Pantera Capital
โข ๐ ~5% equity sold, no crypto tokens included
โข ๐ Over $70M raised to date
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๐ Whatโs Next for TOP?
โข Expanding into compliant markets across Europe & the U.S.
โข Accelerating development of blockchain games and AI apps on TON
โข Scaling adoption of Telegram Wallet โ already live in Russia & Asia
TOP is becoming a major force in bridging Telegramโs massive user base with real-world blockchain utility. ๐
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