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TON Blockchain Eyes US Market, Appoints New President

Mary Liu

Summary: The Open Network (TON) Foundation, linked to Telegram Messenger, is gearing up to enter the US market.  Manuel Stotz, founder of investment firm Kingsway Capital Partners, has been appointed as the foundation’s new president, according to a Tuesday statement. Stotz will spearhead growth in the world’s largest economy. TON, initially developed by the creators of ...

The Open Network (TON) Foundation, linked to Telegram Messenger, is gearing up to enter the US market. 

Manuel Stotz, founder of investment firm Kingsway Capital Partners, has been appointed as the foundation’s new president, according to a Tuesday statement. Stotz will spearhead growth in the world’s largest economy.

TON, initially developed by the creators of Telegram, has faced regulatory hurdles in the past, including a legal battle with the US Securities and Exchange Commission (SEC). However, the project has since evolved and is now focused on building a robust and decentralized ecosystem.

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