The open platform (HIGH)A tool provider for developers of the Cryptographic Infrastructure of Telegram, said it has raised $ 28.5 million in a prolonged series in series led by Ribbit Capital, with the participation of Pantera Capital.
The increase brings the valuation of top to $ 1 billion, making it the first unicorn in the ton (The open network) Ecosystem, said the company.
The company builds basic infrastructure and consumer -oriented applications on tone, the official partner of Telegram blockchain, aimed at putting the adoption of cryptography in its global user base. The financing, which pushes the total capital of TOP, increased to more than $ 70 million, indicates the confidence of investors in the push of the Telegram blockchain.
TOP plans to use capital injection to develop across the United States, Europe and other markets, investing in compliance, security and market strategies, he said.
The products that it is developed, or which use its tools, include a portfolio integrated into telegram, non -guardian storage, decentralized exchanges, non -bubble token (Nft) Markets and games like viral tap-to-garn have struck Notcoin.
The CEO and founder of the open platform, Andrew Rogozov, said that the company’s objective was to attract a billion users in the crypto by taking advantage of the distribution power of Telegram and the scalability of tone.
The investment follows a wave of institutional interest in tone. Earlier this year, the Tone Foundation revealed that investors, including Sequoia Capital and Benchmark, had acquired $ 400 million in Toncoin
The native token of the blockchain.
Find out more: Your jump as a foundation indicates that VC companies have invested $ 400 million in the token
