TAC Raises $11.5 Million to Bridge Ethereum dApps with Telegram

TAC, a blockchain designed to facilitate the integration of Ethereum Virtual Machine (EVM) decentralized applications (dApps) with the Telegram Open Network (TON) and Telegram ecosystem, has successfully raised $11.5 million through its seed and strategic funding rounds. The latest $5 million strategic round was spearheaded by Hack VC, underscoring the growing institutional confidence in TAC's mission to enhance blockchain capabilities within Telegram, one of the most expansive user environments in the cryptocurrency space.

Ed Roman, Managing Partner at Hack VC, emphasized the firm's commitment to investing in teams that are shaping the future of the internet. He highlighted TAC's exceptional team and their deep understanding of infrastructure and growth, backed by years of experience in the blockchain space. Roman expressed confidence in TAC's ability to bridge Ethereum dApps with global users through Telegram and TON, positioning TAC as a key player in the next wave of consumer applications.

TAC is on the verge of its mainnet launch, currently in a phased rollout. During the DevMainnet phase, prominent DeFi protocols such as Curve, Morpho, and Euler are already deploying, with over 20 leading applications preparing for Mainnet integration. This early traction ensures that upon TAC's public launch, the ecosystem will be equipped with deep liquidity, proven DeFi primitives, and immediate user utility within Telegram.

Pavel Altukhov, Co-Founder and CEO of TAC, reiterated the company's commitment to providing EVM developers with the tools and reach to deploy their applications within Telegram’s billion-user ecosystem. This strategic round accelerates TAC's mission to bring Ethereum applications to everyday users, laying the groundwork for the next generation of TON-native consumer apps.

TAC's pre-mainnet liquidity bootstrapping campaign, The Summoning, has garnered significant interest from leading funds, liquidity providers, and infrastructure players. With over $700 million in total value locked (TVL) secured ahead of the public Mainnet launch, this institutional-grade backing reflects deep confidence in TAC's role as a DeFi layer for TON. This liquidity will power core DeFi applications from day one, enabling real yield and market functionality at launch.

Michael Egorov, Founder of Curve, highlighted the potential for Curve to reach a new audience through TAC, noting that TAC's approach of bringing battle-tested EVM applications to Telegram is a strategic move. Curve, along with Morpho and Euler, has already developed dedicated Telegram Mini Apps (TMAs), making their products natively accessible within Telegram. Additionally, popular consumer TMAs are beginning to integrate DeFi functionality on the backend, distributing yield and financial tools to non-crypto users. TAC views this convergence within the superapp Telegram as the path to mass adoption.

TAC is a purpose-built blockchain designed to enable EVM dApps to access the TON and Telegram ecosystem’s user base. By making it seamless for Ethereum dApps to be deployed on TON, TAC brings EVM functionality and liquidity to the TON ecosystem, allowing builders to focus on consumer use cases.