The Open Platform Becomes First TON Unicorn Following $28.5M Raise

Key Points

1. The Open Platform raised $28.5 million at a $1 billion valuation in an extended Series A fundraising.

2. The funding round was led by Ribbit Capital, with participation from Pantera Capital.

3. TOP is the first unicorn in the TON (The Open Network) ecosystem.

4. The company is building core infrastructure and consumer-facing apps on TON, targeting a global user base.

5. TOP plans to use the capital to expand across the U.S., Europe, and other regions, and has developed products like NFT marketplaces and games.