{"id":35188,"date":"2025-07-04T10:17:45","date_gmt":"2025-07-04T10:17:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35188"},"modified":"2025-07-04T10:17:45","modified_gmt":"2025-07-04T10:17:45","slug":"the-open-platform-is-the-first-unicorn-in-web3-ecosystem-in-telegram-at-1bn-valuation","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35188","title":{"rendered":"The Open Platform is the first unicorn in Web3 ecosystem in Telegram at $1bn valuation"},"content":{"rendered":"<div>\n<p><strong>[PRESS RELEASE \u2013 Dubai, United Arab Emirates, July 3rd, 2025]<\/strong><\/p>\n<p><strong>The Open Platform raises $28.5M in Series A equity funding round, showcasing investor confidence in TON\u2019s ecosystem<\/strong><\/p>\n<ul>\n<li>The equity round was led by Ribbit Capital, a leading fintech and crypto investor, with Pantera Capital also participating.<\/li>\n<li>The investment underscores strong confidence in The Open Platform\u2019s continued development of the blockchain ecosystem in Telegram, being built on TON.<\/li>\n<li>The involvement of prominent investors and the raised capital will support the launch of TOP\u2019s portfolio companies across the U.S., EU, and other key regions.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/top.co\/\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">The Open Platform<\/a>, the leading tech company developing TON-based innovations in Telegram, has announced the completion of its Series A and subsequent extension funding rounds, reaching a $1 billion valuation and becoming the first unicorn in the TON-based ecosystem in Telegram.<\/p>\n<p>The Open Platform raised $28.5 million in an extended Series A funding round, led by Ribbit Capital, with Pantera Capital also participating. Including this latest raise and previous seed investments, The Open Platform has now secured over $70 million in total funding. These investments demonstrate the confidence that leading investors have in The Open Platform\u2019s ability to spearhead the growth of the blockchain ecosystem in Telegram. This ecosystem is being built on TON Blockchain \u2013 a fully decentralized and highly scalable blockchain that is the exclusive blockchain partner of Telegram Messenger.<\/p>\n<p>The current strategic focus of The Open Platform centers on geographical expansion. The involvement of prominent investors, along with the newly raised capital, will support the launch of TOP\u2019s portfolio companies across the U.S., EU, and other key regions \u2014 in alignment with TON Foundation\u2019s global vision. This expansion will involve significant investment in go-to-market strategies, regulatory licensing, compliance infrastructure, and security enhancements, all aimed at ensuring sustainable growth and long-term success in these new jurisdictions.<\/p>\n<blockquote>\n<p>Andrew Rogozov, CEO and Founder of The Open Platform, said, \u201cThis investment supports our long-term strategy to scale the adoption of blockchain-based products by leveraging the power of Telegram as a distribution channel. By combining TON Blockchain with Telegram\u2019s global reach, we\u2019re building both the infrastructure and the consumer-facing apps needed to onboard a billion users to crypto.\u201d<\/p>\n<\/blockquote>\n<p>The Open Platform is driving the growth of the TON-based ecosystem within Telegram, building both core infrastructure and consumer-facing apps across finance, gaming, and entertainment. Products that The Open Platform has powered include <a href=\"https:\/\/wallet.tg\/\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">Wallet in Telegram<\/a>, a digital asset solution seamlessly embedded into Telegram\u2019s interface; <a href=\"https:\/\/tonkeeper.com\/\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">Tonkeeper<\/a>, TON\u2019s leading non-custodial crypto wallet; <a href=\"http:\/\/ston.fi\/\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">STON.fi<\/a>, the leading swap dApp on TON and the developer of a liquidity aggregation protocol, Omniston; <a href=\"https:\/\/getgems.io\/\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">Getgems<\/a>, TON\u2019s foremost NFT marketplace; <a href=\"https:\/\/tribute.top\/\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">Tribute<\/a>, a monetization platform for creators in Telegram; and <a href=\"https:\/\/notcoin.org\/\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">Notcoin<\/a>, a viral Tap-to-Earn game, along with many more products.<\/p>\n<p>By integrating blockchain technology into everyday digital experience, The Open Platform is creating a seamless, scalable platform designed for a billion users, accelerating the mainstream adoption of crypto \u2014 expanding global access to financial services, and enabling a new generation of builders and developers to build the next wave of consumer dApps.<\/p>\n<p>This latest investment from Ribbit Capital, which has previously provided early-stage investment to Coinbase, Nubank, and Revolut, amongst many others, and Pantera Capital, is a testament to the potential these investors see in the integration of blockchain technology into a messenger application with over a billion users.<\/p>\n<blockquote>\n<p>Micky Malka, Founder of Ribbit Capital, said,\u00a0\u201cWe back teams that reimagine how the world experiences money and technology. The Open Platform\u2019s vision of building an intuitive and open platform that enables a robust digital ecosystem to form within Telegram \u2014 a platform used by hundreds of millions \u2014 opens a new frontier of opportunities for builders and users on a global scale.\u201d<\/p>\n<\/blockquote>\n<blockquote>\n<p>\u201cWe\u2019re thrilled to back this exceptional team led by Andrew. The opportunity to support groundbreaking tech and financial products that reach 1 billion people is inspiring,\u201d said Ryan Barney, Partner at Pantera Capital. \u201dWe\u2019re excited to collaborate with the TOP team and strengthen our commitment to TON and Telegram\u2019s ecosystems.\u201d<\/p>\n<\/blockquote>\n<p>TON Blockchain has been the subject of increased institutional interest throughout this year. In March, TON Foundation announced that several leading investors, including Sequoia Capital, Ribbit Capital, Benchmark, Draper Associates, Kingsway, Vy Capital, Libertus Capital, CoinFund, SkyBridge, Hypersphere, and Karatage, have acquired and now hold $400 million worth of Toncoin, signaling growing interest in the TON-based ecosystem in Telegram.<\/p>\n<p><strong>About The Open Platform:<\/strong><\/p>\n<p><a href=\"https:\/\/top.co\/\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">The Open Platform<\/a> (TOP) is the leading tech company developing Web3 innovations in Telegram. TOP is fueling the Telegram economy through both foundational infrastructure and consumer-facing apps. By integrating blockchain technology into day-to-day digital experience, TOP is building a seamless, scalable platform designed for a billion users \u2014 accelerating the mass adoption of crypto.<\/p>\n<p>For more information, users can visit: <a href=\"http:\/\/top.co\/\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">top.co<\/a><\/p>\n<p>Stay connected on: <a href=\"https:\/\/www.linkedin.com\/company\/the-open-platform\/\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">LinkedIn<\/a> |<a href=\"https:\/\/x.com\/topdotco\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\"> X<\/a> | <a href=\"http:\/\/t.me\/topco\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">Telegram<\/a><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/the-open-platform-is-the-first-unicorn-in-web3-ecosystem-in-telegram-at-1bn-valuation\/\" rel=\"nofollow\">The Open Platform is the first unicorn in Web3 ecosystem in Telegram at $1bn valuation<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>[PRESS RELEASE \u2013 Dubai, United Arab Emirates, July 3rd, 2025] The Open Platform raises $28.5M in Series A equity funding round, showcasing investor confidence in TON\u2019s ecosystem The equity round was led by Ribbit Capital, a leading fintech and crypto investor, with Pantera Capital also participating. The investment underscores strong confidence in The Open Platform\u2019s [&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-35188","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\/35188","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=35188"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35188\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}