TAC, a specialized blockchain platform for EVM dApps, has announced the raising of $11.5 million through seed and strategic rounds to integrate DeFi in Telegram.
Funding and Strategic Round
TAC has completed a $5 million strategic funding round led by Hack VC. This round reinforces the confidence of institutional investors in TAC’s mission to enhance blockchain functionality within Telegram, the largest user environment in the crypto world.
CITE_W_A: "At Hack VC, we invest in teams building the future of the internet," said Ed Roman, Managing Partner at Hack VC.
Development and Mainnet Launch
TAC is preparing for its mainnet launch, currently undergoing a phased rollout. In the current DevMainnet phase, leading DeFi protocols like Curve, Morpho, and Euler are already deploying, with over 20 major applications preparing for mainnet integration. This early involvement ensures ample liquidity upon TAC's public launch.
Paths to Mass Adoption of DeFi in Telegram
TAC's liquidity bootstrapping campaign ahead of the mainnet launch has attracted interest from leading funds and liquidity providers. With over $700M in total value locked, this reflects a deep confidence in TAC as a DeFi layer for TON. As popularity grows, TAC aims to provide EVM developers the tools to integrate their applications into Telegram’s ecosystem, giving access to billions of users.
The raising of $11.5 million and TAC's active development suggest a significant step toward the adoption of DeFi solutions for a wide audience of Telegram users, potentially driving mass adoption of crypto tools.
