TON Foundation appoints MoonPay co-founder Maximilian Crown as CEO
ChainCatcher news, according to CoinDesk, the TON Foundation announced the appointment of MoonPay co-founder Maximilian Crown as CEO. Crown previously served as the Chief Operating Officer and Chief Financial Officer of MoonPay and has extensive collaboration experience with banks, payment companies, and regulators. This appointment comes after the TON Foundation secured $400 million in venture capital, aimed at driving the global expansion of the TON blockchain.In the past year, the number of active users on the TON blockchain grew from 4 million to 41 million, despite the TON token price dropping by 46% during the same period. Crown stated that TON's speed, scalability, and deep integration with Telegram give it a unique advantage in the blockchain space, with plans to bring 30% of Telegram's active users into the blockchain ecosystem by 2028.