Tech Company Financing Transactions
The Open Platform Funding Round
On 7/3/2025, The Open Platform announced $28.5 million in Series A investment from Ribbit Capital and Pantera Capital.
Transaction Overview
Company Name
Announced On
7/3/2025
Transaction Type
Venture Equity
Amount
$28,500,000
Round
Series A
Investors
Ribbit Capital (Lead Investor) (Micky Malka)
Pantera Capital (Ryan Barney)
Proceeds Purpose
This investment supports our long-term strategy to scale the adoption of blockchain-based products by leveraging the power of Telegram as a distribution channel. By combining TON Blockchain with Telegram's global reach, we're building both the infrastructure and the consumer-facing apps needed to onboard a billion users to crypto.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Al Sufouh Street, Daos Hub, Abu Dhabi Emirate
Dubai, Undisclosed
United Arab Emirates
Dubai, Undisclosed
United Arab Emirates
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
The Open Platform (TOP) is the leading tech company developing Web3 innovations in Telegram. TOP is fueling the Telegram economy through both foundational infrastructure and consumer-facing apps. By integrating blockchain technology into day-to-day digital experience, TOP is building a seamless, scalable platform designed for a billion users -- accelerating the mass adoption of crypto.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Rogozov
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We do our best to report on tech company VC transactions. VC investment data records on this site come from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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