{"id":35080,"date":"2025-07-03T16:32:15","date_gmt":"2025-07-03T16:32:15","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35080"},"modified":"2025-07-03T16:32:15","modified_gmt":"2025-07-03T16:32:15","slug":"the-open-platform-becomes-first-ton-unicorn-following-28-5m-raise","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35080","title":{"rendered":"The Open Platform Becomes First TON Unicorn Following $28.5M Raise"},"content":{"rendered":"<div>\n<p>The Open Platform (TOP), a provider of tools for developers in Telegram\u2019s crypto infrastructure, said it raised $28.5 million in an extended Series A round led by Ribbit Capital, with participation from Pantera Capital. <\/p>\n<p>The raise brings TOP\u2019s valuation to $1 billion, making it the first unicorn in the TON (The Open Network) ecosystem, the company said.<\/p>\n<p>The company is building core infrastructure and consumer-facing apps on TON, <a href=\"https:\/\/www.coindesk.com\/business\/2023\/09\/13\/messaging-app-telegram-gives-endorsement-to-ton-project-token-surges\">Telegram\u2019s official blockchain partner<\/a>, aiming to scale crypto adoption across its global user base. The funding, which pushes TOP\u2019s total capital raised to over $70 million, signals growing investor confidence in Telegram\u2019s blockchain push. <\/p>\n<p>TOP plans to use the capital injection to expand across the U.S., Europe and other markets, investing in compliance, security and go-to-market strategies, it said.<\/p>\n<p>Products that it&#8217;s developed, or which use its tools, include a Telegram-integrated wallet, non-custodial storage, decentralized exchanges, non-fungible token (NFT) marketplaces and games like the viral tap-to-earn hit Notcoin.<\/p>\n<p>The Open Platform CEO and founder Andrew Rogozov said the company\u2019s goal is to attract a billion users into crypto by leveraging Telegram\u2019s distribution power and TON\u2019s scalability.<\/p>\n<p>The investment follows a wave of institutional interest in TON. Earlier this year, the TON Foundation revealed that investors including Sequoia Capital and Benchmark had acquired <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/03\/20\/ton-jumps-as-telegram-based-the-open-network-gets-usd400m-vc-investment\">$400 million worth of toncoin<\/a> (TON), the TON blockchain&#8217;s native token.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/03\/20\/ton-jumps-as-telegram-based-the-open-network-gets-usd400m-vc-investment\"><span style=\"text-decoration:underline\">TON Jumps as Foundation Says VC Firms Invested $400M in the Token<\/span><\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Open Platform (TOP), a provider of tools for developers in Telegram\u2019s crypto infrastructure, said it raised $28.5 million in an extended Series A round led by Ribbit Capital, with participation from Pantera Capital. The raise brings TOP\u2019s valuation to $1 billion, making it the first unicorn in the TON (The Open Network) ecosystem, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35080","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35080"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35080\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}