TAC Raises $11.5 Million to Integrate Ethereum DApps with Telegram

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

Ed Roman, managing partner at Hack VC, highlighted the investment firm's commitment to backing teams that are shaping the future of the internet. He praised TAC for its deep understanding of infrastructure and growth, backed by years of experience in the blockchain space. Roman expressed his conviction 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. In the ongoing DevMainnet phase, prominent DeFi protocols such as Curve, Morpho, and Euler are already deploying their applications. Over 20 leading applications are preparing for mainnet integration, ensuring that TAC will launch with deep liquidity, proven DeFi primitives, and immediate user utility within Telegram.

Pavel Altukhov, co-founder and CEO of TAC, emphasized 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, noted that going live on Telegram and TON via TAC allows Curve to reach a new audience who are not yet engaged in DeFi. He praised TAC's approach of bringing battle-tested EVM applications to these users, expressing excitement about being one of the first to deploy Curve on the platform. Curve, along with Morpho and Euler, has already built dedicated Telegram mini apps (TMAs), making their products natively accessible within Telegram.

In parallel, popular consumer TMAs are beginning to integrate DeFi functionality on the backend, distributing yield and financial tools to non-crypto users. TAC sees this convergence within the superapp Telegram as the path to mass adoption, leveraging the platform's extensive user base to drive widespread adoption of DeFi applications.

TAC is a purpose-built blockchain designed to enable EVM DApps to access the TON and Telegram ecosystem's over one billion 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. This strategic positioning aims to bridge the gap between traditional users and the decentralized finance world, paving the way for broader adoption and integration of blockchain technology.