The Open Platform is first unicorn in Web3 ecosystem in Telegram at $1bn valuation

by · PR Newswire

DUBAI, UAE, July 3, 2025 /PRNewswire/ -- The Open Platform raises $28.5M in Series A equity funding round, showcasing investor confidence in TON's ecosystem

  • The equity round was led by Ribbit Capital, a leading fintech and crypto investor, with Pantera Capital also participating. 
  • The investment underscores strong confidence in The Open Platform's continued development of the blockchain ecosystem in Telegram, being built on TON.
  • The involvement of prominent investors and the raised capital will support the launch of TOP's portfolio companies across the U.S., EU, and other key regions.
The Open Platform (PRNewsfoto/The Open Platform)