Telegram's Blockchain Arm Reaches Unicorn Status with $1 Billion Valuation
ByAinvest
Thursday, Jul 3, 2025 3:40 pm ET1min read
The Open Platform, a blockchain developer, has raised $28.5 million in Series A funding, valuing the company at $1 billion. The funding will fuel expansion into Western markets, development of Telegram-native blockchain apps, and compliance efforts. The company has seen 15 million wallets created through Telegram, driven by its user-friendly Telegram Wallet. The Open Platform aims to onboard a billion users into crypto by embedding blockchain within everyday mobile experiences.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet