Telegram’s Bold Bet on Crypto–Social: A New Model for Messaging Platforms

Can crypto can crypto go mainstream through messaging? Telegram is integrating the TON blockchain and Toncoin into its platform with wallet functions and on-chain ads.

Telegram is quietly executing one of the most ambitious crypto integrations ever attempted by a mainstream social platform. By weaving the TON blockchain and its native currency Toncoin into its ecosystem, from wallet functions to an on-chain ad platform, Telegram is testing whether blockchain can finally go mainstream through everyday messaging.

The Open Platform (TOP), a developer of tools for the encrypted messaging platform Telegram’s blockchain ecosystem, has just announced that it has raised US$28.5 million in an early-stage funding round. The series A was led by…

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