The Open Network (TON) secured over $400M from top VC firms like Sequoia and Draper, showing rising confidence in its blockchain and Telegram integration.
TON targets onboarding 30% of Telegram’s 950M+ users by 2028 through seamless access to Web3 via mini-apps.
The Open Network (TON) has raised over $400 million from some of the most influential names in venture capital, according to Telegram Founder Pavel Durov. This is no ordinary investment—giants like Sequoia Capital, Benchmark, Ribbit, Draper Associates, and Vy Capital all contributed to the funding.
Telegram Partnership Gives TON the Fast Lane Advantage
On the other hand, there is one factor that makes this big investment make sense: the strategic partnership between TON and Telegram.
Since January, as reported by CNF, TON has officially become the exclusive blockchain for all mini-apps within Telegram. This means that all small applications such as games, payment tools, and blockchain-based services on Telegram will run
