TON Foundation Announces Plans for Expansion in the USA
TON Foundation, the organization supporting the development of The Open Network (TON) blockchain, has
announced a strategic focus on growth in the United States.
Key points:
• Manuel Stotz, founder of investment company Kingsway Capital Partners Ltd., has been appointed as the new president of TON Foundation.
• Manuel Stotz has been a member of the TON Foundation board of directors since its establishment in Switzerland in 2023.
• The focus is on growth in the USA in light of the expected favorable regulatory environment under the Trump administration.
• TON is closely associated with Telegram and provides access to various services for 950 million messenger users.
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