Telegram-Linked Crypto Wallet Developer Raises $28.5M as TON’s First Unicorn
The Open Platform just joined the billion-dollar club with its latest raise.
The Open Platform, a startup building crypto tools for Telegram, said in a press release shared with The Defiant that it has raised $28.5 million in new funding at a $1 billion valuation. The company, also known as TOP, claims to be the first unicorn in the ecosystem built on The Open Network (TON), which Telegram tapped as its exclusive blockchain partner in January.
The Series A round was led by Ribbit Capital, with participation from Pantera Capital. TOP’s CEO, Andrew Rogozov — who previously led Russian social media giant VK as CEO after it came under closer control by the Russian government — said that the raise accounts for about 5% of the…
