Anthony Scaramucci Says TON Token Offers Indirect Bet On Telegram’s Ecosystem, Could Hit $10 In Contrarian Play Challenging Visa, PayPal
Posted On November 12, 2025
In an exclusive interview with Benzinga, SkyBridge Capital founder Anthony Scaramucci said investing in TON (CRYPTO: TON) represents an indirect bet on Telegram, since the messaging platform isn’t publicly listed.
TON Positioned As Utility Token For Payments
Scaramucci, who serves as a strategic adviser to Alphaton Capital (NASDAQ:ATON), confirmed the view, saying TON functions as a utility token for a broad ecosystem similar to what Meta Platforms Inc.’s (NASDAQ:META) Libra project was meant to build.
He added TON could facilitate instant cross-border transactions, potentially challenging Visa Inc. (NYSE:V), Western Union Co. (NYSE:WU) and PayPal Holdings Inc. (NASDAQ:PYPL).
Scaramucci also outlined his selection criteria for tokens, which include having specialized development …
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