New Updates From Safe, Gravity and More.
New here? Ask Copilot up to 2 free queries per day with Messari Basic. | |
| Messari Quarterly Reports | Messari's protocol reports give you a deep dive on the foundation and state of top crypto protocols, including key metrics and notable events. See the complete list of protocol reports here and get a preview of our latest report below. | |
| The power of tomorrow, tokenized. Uranium.io is the world's first platform for trading uranium, powered by Tezos. ⚡️ Unlike gold or silver, uranium's market has high barriers to entry, with minimum order sizes of millions of dollars and thousands of lbs. Tokenized uranium lowers these barriers, making ownership accessible without complex storage. Uranium, the asset powering the AI revolution, is now widely accessible. 🌍 Learn more at https://uranium.io/ | TON's $400 Million Raise Reinforces L1 Blockchain Adoption Drive | TON Foundation has captured investor attention yet again, securing $400 million in a private token sale announced on March 20, 2025. Prominent venture capital firms, including Sequoia Capital, Ribbit Capital, Benchmark, CoinFund, Hypersphere Ventures, and Kingsway Capital, participated, showing strong confidence in TON's future. This substantial funding aims to propel the adoption of TON Blockchain by onboarding 30% of Telegram's active users by 2028. The strategy revolves around four pivotal verticals: | - Leveraging Telegram's native IP, such as stickers, gifts, and on-chain collectibles, to attract new users.
- Introducing interactive and rewarding multiplayer mini-games.
- Offering accessible decentralized finance (DeFi) solutions designed to simplify savings and generate sustainable returns.
- Developing practical crypto payment applications with real-world utility.
| The strategic alignment of TON with Telegram's vast user base is key to this fundraising effort. Peter Fenton, Partner at Benchmark, emphasizes this unique advantage, citing Telegram's anticipated growth to ~1.50 billion users by 2030 as a historic opportunity for democratizing global financial interactions. Similarly, Shaun Maguire from Sequoia highlights the unique blend of consumer-centric product thinking and robust crypto infrastructure within TON's team, amplified by Telegram's global reach. This investor sentiment follows closely behind strategic efforts. Tim Draper (Draper Associates) praises TON's technological prowess and unmatched distribution through Telegram. Meanwhile, Ribbit Capital founder Micky Malka and CoinFund's Alex Felix highlight TON's capability to address global financial inclusion and its strategic edge in gaming, stablecoin payments, and remittance markets. An Overview of Layer-1 Blockchain Funding in Early 2025: TON's substantial funding round leads a wave of renewed investor enthusiasm in Layer-1 blockchain infrastructure. The $400 million secured by TON represents the fourth-largest single fundraising event this quarter, setting a benchmark for blockchain projects seeking integration with existing large-scale consumer platforms. This trend reinforces a broader market narrative, where blockchain projects capable of leveraging established user bases and providing practical, consumer-friendly blockchain solutions receive institutional investor attention. Given the momentum behind TON's strategic initiatives and Telegram's extensive global presence, 2025 will continue to be a pivotal year for continued blockchain infrastructure advancements, bridging the gap between Web2 and Web3 applications. | |
| Disclosure: Authors may own cryptoassets named in this newsletter. For more information, please visit messari.io. Unqualified Opinions, a Messari newsletter, is meant for informational purposes only. It is not meant to serve as investment advice. Please consult with your investment, tax, or legal advisor before making any investment decisions. Advertising and sponsorship do not influence editorial decisions or content. Third party advertisements and links to other sites where products or services are advertised are not endorsements or recommendations by Messari. Messari is not responsible for the content of the ads, promises made, or the quality or reliability of the products or services offered in any third party advertisement. Copyright © 2024 Messari, All rights reserved.
Messari 228 Park Ave S PMB 52631 New York, New York 10003 |
|
| |
No comments:
Post a Comment