TON Project TAC Secures $6.5M to Bring Ethereum Apps to Telegram’s 700M+ Users

Quick Summary:

TON Project TAC Secures $6.5M to Bring Ethereum Apps to Telegram’s 700M+ Users TON network’s extension, TAC (TON Access Control), has raised $6.5 million in a seed funding round to expand Ethereum Virtual Machine (EVM) applications to users on Telegram.

This integration paves the way for decentralized finance (DeFi) applications, non-fungible tokens (NFTs), and other Web3 services within Telegram, providing users with new avenues for financial transactions and asset management without leaving the app.

The project aims to leverage Telegram’s massive user base by enabling Ethereum-based applications within the app, bridging Ethereum development with TON’s blockchain infrastructure.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: TON Project TAC Funding Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 16:41:28 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 658 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23520230

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