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.
- Total Equity Funding$438M (USD)
in 4 rounds
- Latest Funding Round$400M (USD), Series B
Mar 2025
- InvestorsBitget
& 9 more
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.
- Total Funding $438M
- Total Rounds 4
- Last Round Series B — $400M
- First Round $8M
(Mar 2024)
- Investors Count 10
All 4 funding rounds of TON with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2025 | $400M | Series B | – | – | |
| Sep 2024 | $30M | Series A | – | – | |
| May 2024 | – | Series A | – | – | |
| Mar 2024 | $8M | Series A | – | Yolo Investments |
10 investors in total: 10 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | - | |
Early-stage companies in fintech and multiple sectors are invested in. | 2012 | ribbitcap.com | Palo Alto, United States | |
Venture capital investments are offered to promising startups. | – | benchmark.com | San Francisco, United States | |
Kingsway Capital is engaged in providing investment management services. | – | kingswaycap.com | London, United Kingdom | |
Early-stage technology companies receive venture capital investments. | – | draper.vc | San Mateo, United States | |
Blockchain-focused investment funds and venture capital are provided. | – | panteracapital.com | Menlo Park, United States | |
Venture capital firm focused on seed & series A stage investment | – | yolo.io | Tallinn, Estonia | |
Mirana Ventures is focused on blockchain and Web3 investments. | – | mirana.xyz | - | |
Blockchain sector focus is maintained by venture capital-backed accelerator. | – | foresightventures.com | Shanghai, China | |
Provider of a community-based cryptocurrency and digital asset exchange | 2018 | bitget.com | Cayman Islands |
Investor details for TON
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of TON
1 people are tracked at TON (1 in leadership).
| Name | Role | Group |
|---|---|---|
Maximilian Crown | CEO | Leadership |
Complete people profiles for TON
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of TON
3 dated milestones of TON across 7 years, from founding to its latest funding, stage changes and deals.
- Founded TON is founded.
- Funding First funding round of $8.0M.
- Funding Latest funding round, Series B, of $400.0M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solana.com | 2010 | San Francisco, United States | $374.15M | 62 | Blockchain infrastructure for transactions and counting is provided by Solana. | |
| ankr.com | 2017 | San Francisco, United States | $16M | 4 | Web3-native infrastructure for blockchain development and decentralization is provided. | |
| mystenlabs.com | 2021 | Palo Alto, United States | $336M | – | Web3 infrastructure solutions are offered via a blockchain platform. | |
| o1labs.org | 2017 | San Francisco, United States | $29.4M | 21 | Provider of a blockchain network | |
| chain.com | 2014 | San Francisco, United States | $39.5M | – | Blockchain infrastructure is offered for financial application development. | |
| dfinity.org | 2014 | Palo Alto, United States | $164M | – | A blockchain-based public network is operated for decentralized application development. |
Detailed competitors of TON
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of TON
The website of TON (ton.org) receives about 382.5K visits a month.
- Monthly visits382.5K
▼ 14.2% vs previous month
Websites whose visitors overlap most with TON. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
tonscan.org | tonscan.org | 100% | – | #230,978 | – |
tonviewer.com | tonviewer.com | 99% | – | #74,178 | – |
tonscan.com | tonscan.com | 93% | – | #902,481 | – |
tonresear.ch | tonresear.ch | 93% | – | #2,283,867 | – |
metalamp.ru | metalamp.ru | 93% | – | #2,457,629 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for TON
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Ton
Complete news archive for TON
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to TON
10 companies that operate in the same segment as TON (Blockchain & Decentralized Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | – | – | |
Public blockchain network platform | 2017 | Zug, Zug, Switzerland | USD 542.29 M | – | – | |
Scalable blockchain interoperability protocols are developed for enhanced network security. | 2017 | George Town, Cayman Islands | USD 450.75 M | – | – | |
Blockchain-based PC and mobile games are developed and published. | 2006 | Kowloon, Hong Kong, China | USD 973.19 M | – | – | |
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | – | – | |
Cloud-based blockchain platform for application development is provided. | 2013 | San Francisco, California, United States | USD 597.81 M | – | – | |
Blockchain-based fantasy sports marketplace is provided for multiple sports. | 2018 | Saint-mande, Val-de-marne, France | USD 738.84 M | – | – |
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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. The company's 1st funding round was a Series A of $8M, raised on Mar 2024.
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.
The website of TON receives about 382 thousand visits a month.