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The Open Platform Becomes Telegram’s First Web3 Unicorn at $1B Valuation
The Open Platform Becomes Telegram’s First Web3 Unicorn at $1B Valuation
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BTCCSquare news:
The Open Platform has secured its position as the first unicorn within Telegram's Web3 ecosystem, achieving a $1 billion valuation following a $28.5 million Series A extension round. Ribbit Capital led the investment, with Pantera Capital participating, bringing total funding to over $70 million.
Built on TON Blockchain—Telegram's exclusive decentralized partner—the platform will use the capital to expand its portfolio companies across the U.S., EU, and other strategic regions. The funding underscores institutional confidence in TON's scalability and Telegram's growing blockchain infrastructure.
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