About TON
TON is a company based in Switzerland founded in 2018. It operates as a Token / Crypto Economy. TON has raised $438 million across 4 funding rounds from investors including Bitget, Ribbit Capital and Sequoia Capital. TON offers products and services including Toncoin, TON Wallet, and TON Sites. TON operates in a competitive market with competitors including Solana, Ankr, Mysten Labs, O(1) Labs and Chain, among others.
- Headquarter Switzerland
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$438 M (USD)
in 4 rounds
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Latest Funding Round
$400 M (USD), Series B
Mar 20, 2025
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Investors
Bitget
& 9 more
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Employee Count
Not available
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Products & Services of TON
TON offers a comprehensive portfolio of products and services, including Toncoin, TON Wallet, and TON Sites.
Toncoin is used for transactions and network operations.
TON Wallet enables access to cryptocurrency via Telegram.
TON Sites offer decentralized web hosting on TON.
Funding Insights of TON
TON has successfully raised a total of $438M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $400 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in TON
TON has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Bitget, Ribbit Capital and Sequoia Capital.
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Sequoia Capital is engaged in venture capital investments.
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Early-stage companies in fintech and multiple sectors are invested in.
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Venture capital investments are offered to promising startups.
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Investor details for TON
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Investments & Acquisitions by TON
Investment portfolio details for TON
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- Transaction dates
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Financial Statements - TON
Detailed financials for TON
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- Profit trends
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Ton Comparisons
Peer comparison for TON
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- Named peers
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Competitors of TON
TON operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Solana, Ankr, Mysten Labs, O(1) Labs and Chain, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Blockchain infrastructure for transactions and counting is provided by Solana.
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Web3-native infrastructure for blockchain development and decentralization is provided.
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Web3 infrastructure solutions are offered via a blockchain platform.
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Provider of a blockchain network
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Blockchain infrastructure is offered for financial application development.
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A blockchain-based public network is operated for decentralized application development.
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Detailed competitors of TON
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Latest news on Ton
Complete news archive for TON
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Frequently Asked Questions about TON
TON was founded in 2018 and raised its 1st funding round 6 years after it was founded.
TON is headquartered in Switzerland.
Maximilian Crown is the current CEO of TON.
TON is a funded company, having raised a total of $438M across 4 funding rounds to date.
TON, known as The Open Network, is built as a decentralized and open internet platform designed to onboard millions of users on-chain. It is supported by a community using technology initially developed by Telegram. The network focuses on providing solutions like Toncoin for transactions, games, and collectibles, alongside services such as TON Wallet for crypto management, TON Sites for Web3 hosting, and cross-chain bridges for asset transfers. TON operates in the blockchain and decentralized finance sectors, emphasizing scalability, security, and global accessibility.
TON's top competitors include Mysten Labs, Solana and O(1) Labs.
TON offers Toncoin, TON Wallet, and TON Sites.
TON has 10 investors. Key investors include Bitget, Ribbit Capital, Sequoia Capital, Benchmark, and Kingsway Capital.