TOPdotco Becomes the First Unicorn in the TON Ecosystem with a Valuation of $1 Billion
TOPdotco has officially become the first unicorn in the TON blockchain network after successfully raising $28.5 million in a Series A funding round led by Ribbit Capital and Pantera Capital. The company now has a valuation reaching $1 billion.
Interestingly, this funding was conducted entirely in the form of equity without involving the issuance of cryptocurrency tokens. This demonstrates investor confidence in the long-term potential of TOPdotco as the main developer of a crypto wallet integrated with the Telegram application.
With a Telegram user base reaching 900 million people worldwide, TOPdotco positions itself as the main gateway for mass adoption of blockchain and crypto technology. The funds raised will be used to expand the market in the United States and Europe and support the development of other blockchain applications in the TON ecosystem.
This step marks an important milestone in the development of the TON blockchain and shows that the integration of popular applications like Telegram with blockchain technology can be a key factor in accelerating crypto adoption in the future.