TAC Raises $11.5M for DeFi in Telegram

TAC, a TOP portfolio project, is a purpose-built blockchain for EVM dApps to access the TON and Telegram ecosystems. In total, TAC has now raised $11.5 million in seed and strategic funding rounds led by Hack VC.

“At Hack VC, we invest in teams building the future of the internet,” said Ed Roman, Managing Partner at Hack VC. “TAC is an exceptional team with a deep understanding of infrastructure and growth backed by years of experience building in the space. Leading this strategic round reflects our conviction in TAC’s ability to shape how Ethereum dApps reach global users through Telegram and TON.”

By creating a direct connection between Ethereum-based services, TON Blockchain and Telegram’s billion users, new opportunities will open on all sides — helping further integrate TON into the broader world of crypto, while also offering a massive new user base for existing EVM dApps.

Popular EVM dApps such as Curve, Morpho and Euler have already built dedicated mini apps, making their products natively accessible in the Telegram app — as more services and back-end functionality continue preparing to deploy on TAC.

Michael Egorov, Founder of Curve, said "Going live on Telegram and TON via TAC can allow Curve to reach the new audience who aren't yet on DeFi.”

By bridging EVM dApps with Telegram’s global base of over 1 billion users, TON Blockchain will make another massive stride towards its ultimate goal of crypto mass adoption.