According to a statement released on Jan. 14, the TON Foundation is preparing for a significant expansion in the United States.
The strategic shift follows its strong 2024 performance and aligns with a more favorable crypto outlook under President-elect Donald Trump’s incoming administration.
This move marks a pivotal moment for TON, a project that faced intense regulatory scrutiny in 2020 when the US Securities and Exchange Commission (SEC) blocked Telegram’s crypto fundraising efforts. That legal battle led to a settlement and reshaped the project, culminating in the TON Foundation’s launch in Switzerland in 2023.
Since then, the blockchain network has gained traction, primarily through its integration with Telegram’s messaging app, and has emerged as a key player in web3 gaming.
Manuel Stotz, recently appointed as the foundation’s president and board member, will lead this US-focused growth strategy. Stotz is a highly experienced leader, who has led Kingsway Capital – an investment company that helps blockchain innovators from emerging markets.
New era
The TON Foundation stated that the evolving regulatory environment in America offers new opportunities to blockchain technology.
Notably, several industry players are optimistic about the incoming administration’s pro-crypto stance, which includes plans for a national Bitcoin reserve and blockchain-driven economic reforms.
Trump’s commitment to this industry is also shown by his appointment of key figures like Paul Atkins and David Sacks. The developments will boost the innovation of blockchain technology and artificial intelligence.
Stotz is convinced that these developments will mark a turning point in the TON Foundation’s history and for the broader crypto-ecosystem. He sees the US market as crucial for increasing blockchain adoption at a global level.
The statement was made by:
“TON is uniquely positioned to lead the blockchain revolution. I look forward to working with our partners and stakeholders to accelerate this mission — especially in the dynamic and innovative US market.”
Posted in: TON., US., Adoption., Featured., People., Regulation. The Author 
Oluwapelumi Adejumo
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