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Telegram's Blockchain Arm Reaches Unicorn Status with $1 Billion Valuation
AinvestThursday, Jul 3, 2025 3:40 pm ET
1min readThe 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.
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