Telegram Blockchain Startup Ball Valuation of $ 28.5 million



Crypto has a new unicorn. The open platform, one of the main application developers on the selected block of the messaging app telegram, has increased a number of $ 28.5 million worth of estimates on Thursday.

Fintech Specialist Ribbit Capital led the tour with the participation of Crypto VC Pantera Capital. About 5% of the height capital were and cryptisted deductions, open platform Kofounderi and CEO Andrew Rogozov said Fortune. He added that the open platform, which has itself, more than $ 70 million, added in many financing rounds.

It is one of the main companies working on applications for Blokchain called the upper open network or tone. And this blockchain is closely related to the telegram, one of the most popular messaging applications in the world. This is a complex Micham, but the top is that according to the telegram founder Pavel Durov, the application of more than one billion users from more than a user to the integration of crypthalia to an application.

This reach has vcs saliva. Investors in the Ribbit Capital and Panterns, the Great User Database of Telegram, in the statements included in the press release for the increase in the tops. “The ability to support the groundbreaking technological and financial products, which reaches a billion people, inspiring Ryan Barney, Panthera partner.

And they are not the excited odds. Ton toast in March, another enterprise, blocked to the block gossip Sequoia Capital, Benchmark Ventures, Draper Associates and, of course, VCS collected $ 400 million cryptoplasting as Ribbit.

Wallet in the telegram

The origin of the top, tons and Toncoin is simple, as Mishmash, the institutions participating in the selected blockchain of the telegram.

In 2018, Durov led $ 1.7 billion in O and Telegram and sold a cryptist to support the development of a clutch called Telegram’s telegram open network or tone. In 2019, the proposal of illegal securities allegedly known to the securities and exchange, arrived in a settlement of the regulatory and telegram in 2020. The messaging application revisits investors more than $ 1.2 billion and agreed to pay $ 18.5 million.

While the telegram removes herself from cryptist, other developers continued to work on the technological thrown behind the scenes, including Rogozov.

Telegram in 2023 anointed A new version of tons as an exclusive selected exclusive block. That same year, Rogozov and other two cofounders, the other two cofounders were combined above due to a work register in the Abu Dhabi, where the company is located.

The most prominent cryptoist of the upper tone is the main development of the wallet, called the wallet in the telegram. The United States and Europe, Telegram, connected wallets in the main menu of the application and are accessible to the users of Russia, Asia and other geographies.

Rogozov plans to use a new injection to expand the wallet to the United States and Europe. “Should we support everything related to compliance, transactions and items?” Said. “It is very expensive to build.”

He plans to use money to incubate the team, other tone-based projects, including blockchain games and AI applications.

In the upper series in a 4% of the company, about 4% of Pantera, about 1%, another investor, but also made public, and Rogozov said that Rogozov was announced. Other shareholders Kevin Hu, Kevin Hu, according to the Abu Dhabi business register of Kingsway Capital and Brevan Hu.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *