The Open Platform is a leading technology company driving Web3 innovation within Telegram. It powers the Telegram ecosystem through core infrastructure and user-facing applications. By embedding blockchain into everyday digital interactions, TOP is creating a seamless and scalable platform built to support a billion users—advancing the mainstream adoption of crypto.
TOP has raised $28.5 million in a Series A funding round led by Ribbit Capital, with participation from Pantera Capital. This round brings the company’s total funding to over $70 million and values it at $1 billion, officially placing it among the ranks of global blockchain unicorns. The new capital will be used to scale the company’s footprint in the U.S. and Europe, strengthen its security and compliance capabilities, and expand adoption of its developer tools across the Telegram ecosystem.
The Open Platform, headquartered in Dubai, United Arab Emirates, was founded in 2023 by Andrew Rogozov. “This 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’s global reach, we’re building both the infrastructure and the consumer-facing apps needed to onboard a billion users to crypto,” noted Andrew Rogozov, CEO and Founder of The Open Platform.
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