Pavel Durov, founder of Telegram, shared rare comments regarding the growth of the TON blockchain. He revealed that top Silicon Valley companies have invested over $400 million into the project, indicating not only financial backing but also public recognition.
Investments in TON Blockchain
According to Durov, giants like Sequoia, Benchmark, Ribbit, Draper, and VY Capital have provided significant capital, reflecting a serious interest in the project's success.
TON as Telegram's Financial Platform
Over the past year, TON has become Telegram’s main financial platform. It is used for creators' earnings withdrawals, ad payments, and the operation of mini apps for hundreds of millions of users.
Technical Advantages and Growth of TON
Durov highlighted the technical advantages of TON, including its sharding architecture designed to process transactions at a scale fitting for Telegram’s nearly one billion user base. This positions TON as one of the few blockchain platforms with real fundamentals.
Durov's update came shortly after resolving his legal conflict with French authorities, which may further solidify TON's reputation among investors and the public.
