📈 Good month for The Open Network: the biggest names in venture capital invested over $400M into TON and publicly backed it. Among them are the legends of Silicon Valley: Sequoia, Benchmark, Ribbit, Draper, VY, and other world-famous funds 💸

🪙 Over the past year, TON has become the backbone of creator economy on Telegram. It is the exclusive withdrawal method for millions of content creators and mini app developers and the only way to pay for Telegram Ads in most countries. Every Telegram-related asset — from usernames to digital gifts — is tradeable solely as a TON-based NFT, and Telegram Mini Apps use TON exclusively as their blockchain. Telegram’s in-app economy is exploding in volume, fueled by constant innovation — like the Star Messages we launched earlier this month, an overnight success rivaled only by the tokenized gifts introduced in January 🎁

⛏️ What’s more, The Open Network remains the only blockchain technology built to scale — with sharding and the capacity to process transactions for billions of users. It’s one of the few blockchain networks with real, fundamental value. I’m not surprised the smartest people on the planet are endorsing TON 🚀

💭 This is what the brightest minds of Silicon Valley are saying about The Open Network.

Peter Fenton, Partner at Benchmark:

📝 Telegram’s user base, which is expected to grow to over 1.5 billion through 2030, creates an unprecedented opportunity in the history of humanity to provide ubiquitous financial flows that have been limited until now to information flows, TON provides the backbone for human-scale democratization of financial activity.📝

Micky Malka, Founder at Ribbit:

📝 Ribbit partners with exceptional teams tackling and solving the world’s biggest problems. TON and Telegram exemplify this, working together to expand financial access globally by coupling the best technology with a seamless consumer experience.📝

Tim Draper, Founder of Draper Associates:

📝 I’ve been a long-time believer in the potential of blockchain to disrupt traditional industries and systems. TON’s technology is highly impressive, and its integration with Telegram provides it with a distribution that no other blockchain can match.📝

Shaun Maguire, Partner at Sequoia Capital:

📝 The TON team is the best in the world at the intersection of consumer product thinking and crypto infrastructure. When you combine this with the global distribution of Telegram, we’re very excited to see where they go.📝

🔮 I know only a few people who can spot technology trends as sharply as Peter, Micky, and Tim — and most of the others have also invested in TON. I haven’t met Shaun from Sequoia yet, but from everything I’ve heard, he’s just as visionary as the rest of this stellar group of investors 💫

📈 Telegram bonds are trading at all-time highs (adjusted for the federal funds rate).
We issued bonds four years ago — at a time when Telegram had zero revenue and half the user base we have today.

💸Now, with over 1 billion monthly active users and substantial profit, it's no surprise our bonds are performing well.

🏦 What makes the difference is our bondholders: some of the world’s most reputable global funds. Their continued support helps Telegram stay independent and grow stronger in any economic environment 💪