The TON Foundation has appointed MoonPay co-founder Maximilian Crown as CEO.

GateUser-6433627c · 2025-04-24T15:49:47+00:00

TON Foundation has appointed Maximilian Crown as CEO to drive global expansion after $400 million investment. Active users grew from 4 to 41 million despite a 46% token price drop. Crown aims to leverage TON's strengths for blockchain growth.

GateUser-6433627c

2025-04-24 15:49:47

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On April 24, according to CoinDesk, the TON Foundation announced the appointment of MoonPay co-founder Maximilian Crown as CEO. Crown previously served as the COO and CFO of MoonPay, possessing extensive collaboration experience with banks, payment companies, and regulatory agencies. This appointment comes after the TON Foundation secured $400 million in venture capital, aimed at driving the global expansion of the TON Blockchain. Over the past year, the active users of the TON Blockchain rose from 4 million to 41 million, despite the TON Token price falling by 46% during the same period. Crown stated that the speed, scalability, and deep integration with Telegram give TON a unique advantage in the blockchain space, with plans to bring 30% of Telegram’s active users into the blockchain ecosystem by 2028.

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