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TAC Closes Funding Rounds Worth $11.5 Million to Enhance Blockchain Capabilities in Telegram

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by Giorgi Kostiuk

5 hours ago


TAC, a purpose-built blockchain for EVM dApps, has announced its $11.5 million funding rounds. The funds are intended to enhance blockchain capabilities within the popular Telegram ecosystem.

Funding and Investor Support

TAC has completed its $5 million strategic funding round led by Hack VC. Ed Roman, Managing Partner at Hack VC, noted:

CITE_W_A: "At Hack VC, we invest in teams building the future of the internet. TAC is an exceptional team with a deep understanding of infrastructure and growth backed by years of experience building in the space."

Launch Plans and Application Integration

Currently, TAC is in the DevMainnet phase, where leading DeFi protocols like Curve, Morpho, and Euler have already deployed. Over 20 applications are preparing for Mainnet integration, ensuring deep liquidity at the system's launch.

TAC's Role in Mass Adoption of DeFi

Pavel Altukhov, Co-Founder and CEO of TAC, stated:

CITE_W_A: "TAC is committed to giving EVM developers the tools and reach to deploy their applications into Telegram’s billion-user ecosystem. This strategic round accelerates our mission to bring Ethereum applications to everyday users."

TAC solidifies its position as a key player in the DeFi and Telegram ecosystem, facilitating the adoption of EVM dApps and broadening access to new users.

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