Friday Jan 17 - 2025, 08:59

️ TON Foundation Eyes US Expansion with New Leadership

Steve Yun, President of the TON Foundation, announced the appointment of Manuel Stotz, founder of Kingsway Capital, as the new Head of Strategy to drive crypto adoption amid evolving US regulations. (Source)

Bloomberg reported that the TON blockchain, linked to Telegram, is preparing for a broader US presence under Donald Trump’s pro-crypto agenda. The TON Foundation, a Swiss non-profit, supports payments for Telegram's 950M users. (Source)

Telegram’s revenue recently exceeded $1 billion, despite controversies involving its platform use, which Pavel Durov has denied.

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