TON Fund welcomes new president, focusing on expanding the US market and developing Phi tập trung

The TON Foundation has appointed Manuel Stotz as its new President, with a focus on expanding and strategically developing TON in the US market. Stotz has extensive experience in global investments and the blockchain field, having been a co-founder of Kingsway Capital, managing billions of dollars in assets, and supporting several key blockchain projects' growth. Under Stotz's leadership, the TON Foundation will accelerate the development of decentralization technology and strive to establish new partnerships in the US market, further promoting the global development of the TON ecosystem. Stotz, along with TON founding team member Steve Yun, will work together to advance the foundation's mission and bring more innovation and collaboration to the blockchain industry. Meanwhile, Telegram has announced a new collaboration with the TON Foundation, discontinuing support for blockchain and cryptocurrencies outside of TON, making TON the sole blockchain infrastructure for Telegram. Telegram will continue to accept Toncoin for payment, including services such as Telegram Premium, Telegram Ads, and Telegram Gateway. This further deepens the cooperation between TON and Telegram, providing strong support for TON's future development. By 2025, the TON Foundation aims to further promote the development of decentralization globally, particularly in the US market, consolidating TON's leading position in blockchain technology applications and payment solutions.