TL;DR
- The president of the TON Foundation, Manuel Stotz, announces his focus on the U.S. market as a new growth hub for the blockchain.
- The integration of TON and its native cryptocurrency, Toncoin, into Telegram’s platform is making a significant impact among its millions of users.
- TON launches “Mini-Heroes”, a fast-paced battle game that aims to attract more users to the TON ecosystem.
The TON Foundation, responsible for the development of the Telegram Open Network (TON) blockchain, has confirmed its strategy to expand its influence in the U.S. market. This shift toward the U.S. was announced on January 14, when Manuel Stotz, the new president of the foundation, highlighted the significant opportunity to increase the adoption of digital assets in one of the world’s largest financial centers, which continues to see growing interest in blockchain technologies.
According to Stotz,
“The U.S. is one of the largest financial centers in the world, and we see tremendous potential for it to become a hub for cryptocurrency development and retail adoption.”
This marks a major change in the foundation’s strategy, aiming to position TON blockchain as a key player in the growing U.S. crypto ecosystem over the coming months, as the country continues to evolve its stance on cryptocurrencies.
The TON Foundation’s focus on U.S. growth is no coincidence. Since its creation in Switzerland as a nonprofit organization in 2023, the foundation has been community-funded and remains independent from Telegram. However, the relationship between the two entities remains strong, with Telegram’s CEO, Pavel Durov, actively supporting the project through his influence and commitment to its future.
Expanding with Telegram Integrations
One of the most notable aspects of this expansion is the integration of TON and its native cryptocurrency, Toncoin, within Telegram. The messaging app, with over 950 million active users, has added support for cryptocurrencies through third-party wallets. This has allowed Telegram’s diverse and global user base to easily access the benefits of the TON blockchain, helping bridge the gap between traditional finance and the world of digital assets.
Additionally, the TON Foundation is promoting blockchain adoption by integrating innovative applications within its ecosystem. Recently, they launched the game “Mini-Heroes”, a fast-paced 20-second battle experience that lets players compete for positions on the global leaderboard and earn rewards. This type of application is aimed at attracting new users, boosting the use of Toncoin, and strengthening TON’s presence in the global market.
With a strong push into the U.S. market, Telegram and TON are expanding their influence in the cryptocurrency world, positioning themselves as a serious competitor in an increasingly dynamic sector that is continuing to grow in influence.
