The Good Tech Companies - The Open Platform Is First Unicorn In Web3 Ecosystem In Telegram At $1bn Valuation

Episode Date: July 3, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/the-open-platform-is-first-unicorn-in-web3-ecosystem-in-telegram-at-$1bn-valuation. The Open Platform raised $28.5 million in an extended Series A funding round, led by Ribbit Capital, with Pantera Capital also participating. Including this lat Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #open-platform, #chainwire, #press-release, #open-platform-announcement, #crypto-funding, #blockchain-development, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. The Open Platform raised $28.5 million in an extended Series A funding round, led by Ribbit Capital, with Pantera Capital also participating. Including this latest raise and previous seed investments, The Open Platform has now secured over $70 million in total funding. The investment underscores strong confidence in The Open platform’s continued development of the blockchain ecosystem in Telegram.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. The open platform is first unicorn in Web3 ecosystem in Telegram at $1 BN valuation, by Chainwire. Dubai, United Arab Emirates, July 3, 2025, Chainwire, asterisk The open platform raises $28.5M in series A equity funding round, showcasing investor confidence in TUN's ecosystem. The equity round was led by Ribbit Capital, a leading fintech and crypto investor, with Pantera Capital also participating. The investment underscores strong confidence in the open platform's continued development of the blockchain ecosystem in Telegram, being built on TUN.

The involvement of prominent investors and the raised capital will support the launch of TOPS portfolio companies across the US, EU, and other key regions. The Open Platform, the leading tech company developing TUN-based innovations in Telegram, has announced the completion of its Series A and subsequent extension funding rounds, reaching a $1 billion valuation and becoming the first unicorn in the ton-based ecosystem in Telegram. The open platform raised $28.5 million in an extended series A funding round, led by Ribbit Capital, with Pantera Capital also participating.

Including this latest raise and previous seed investments, the open platform has now secured over $70 million in total funding. These investments demonstrate the confidence that leading investors have in the open platform has now secured over $70 million in total funding. These investments demonstrate the confidence that leading investors have in the open platform's ability to spearhead the growth of the blockchain ecosystem in Telegram. This ecosystem is being built on TON Blockchain, a fully decentralized and highly scalable blockchain that is the exclusive blockchain partner of Telegram Messenger. The current strategic focus of the open platform centers on geographical expansion. The involvement of prominent investors, along with the newly raised capital, will support

the launch of TOPS portfolio companies across the US, EU, and other key regions, in alignment with TUN Foundation's global vision. This expansion will involve significant investment in go-to market strategies, regulatory licensing, compliance infrastructure, and security enhancements, all aimed at ensuring sustainable growth and long-term success in these new jurisdictions. Greater than Andrew Righazov, CEO and founder of the Open Platform, said, this investment greater than supports our long-term strategy to scale the adoption of blockchain-based greater-than products by leveraging the power of Telegram as a distribution channel. By greater than combining TUN blockchain with Telegram's global reach, we're building both the greater-than

infrastructure and the consumer-facing apps needed to onboard a billion users greater than to crypto. The open platform is driving the growth of the TUN-based ecosystem within Telegram, building both core infrastructure and consumer-facing apps across finance, gaming, and entertainment. Products that the open platform has powered include Wallet and Telegram, a digital asset solution seamlessly embedded in Totalagram's interface, TUNKeeper, TUN's leading non-custodial crypto wallet, STAN. FI, the leading swap dApp on TUN and the developer of a liquidity aggregation protocol, Omniston. GetGems, Ton's foremost NFT marketplace, Tribute, a monetization platform for creators

in Telegram, and Notcoin, a viral tap to earn game, along with many more products. By integrating blockchain technology into everyday digital experience, the open platform is creating a seamless, scalable platform designed for a billion users, accelerating the mainstream adoption of crypto, expanding global access to financial services, and enabling a new generation of builders and developers to build the next wave of consumer DApps. This latest investment from Ribbit Capital, which has previously provided early-stage investment to Coinbase, Newbank, and Revolut, amongst many others, and Pantera Capital, is a testament to the potential these investors see in the integration of blockchain technology into a messenger application with over a billion users. Greater than Mickey Malka, founder of Ribbit Capital, said, We back teams that reimagine greater than how the world experiences money and technology. The Open Platform's vision of greater than building an intuitive and open platform that

enables a robust digital greater than ecosystem to form within Telegram. A platform used by hundreds of millions, greater than opens a new frontier of opportunities for builders and users on a global greater than scale. Greater than, we're thrilled to back this exceptional team led by Andrew. The opportunity greater than to support groundbreaking tech and financial products that reach 1 billion greater than people is inspiring," said Ryan Barney, partner at Pantera Capital. We're greater than excited to collaborate with the top team and strengthen our commitment to tonne greater than Intelligram's ecosystems.

TUN blockchain has been the subject of increased institutional interest throughout this year. In March, TUN Foundation announced that several leading investors, including Sequoia Capital, Ribbit Capital, Benchmark, Draper Associates, Kingsway, VY Capital, Libertas Capital, Coin Fund, Skybridge, Hypersphere, and Caritage, have acquired and now hold $400 million worth of Toncoin, signalling growing interest in the Ton-based ecosystem in Telegram. About the Open Platform The Open Platform, Top, is the leading tech company developing Web 3 innovations in Telegram.

Top is fueling the Telegram economy through both foundational infrastructure and consumer-facing apps. By integrating blockchain technology into day-to-day digital experience, Top is building a seamless, scalable platform designed for a billion users, accelerating the mass adoption of crypto. For more information, users can visit Top. Co-stay connected on LinkedIn, ex. Telegram contact public relations manager Anna Lebedeva the open platforma. Lebedeva at top, team this story was distributed as a release by Chainwire under Hacker Noon's business blogging program. Learn more about the program here. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit hackernoon.com to read, write, learn and publish.