TON Foundation Names Maximilian Crown as New CEO
The TON Foundation appointed Maximilian Crown, co-founder of MoonPay, as its CEO. Crown previously served as CFO and COO at MoonPay and maintains board membership there.
- Appointment follows a $400 million investment in the TON token from venture capital firms.
- Active users on the TON blockchain increased from 4 million to 41 million in one year.
- TON token value decreased by 46% over the same period.
- The foundation aims to onboard 30% of Telegram's active users by 2028.
Crown highlighted TON's speed, scalability, and unique integration with Telegram as key advantages for expanding its ecosystem globally.