TON Foundation Appoints MoonPay Co-founder Maximilian Crown as CEO

According to a report by CoinDesk, TON Foundation has announced the appointment of MoonPay co-founder Maximilian Crown as CEO. Previously, Crown served as the Chief Operating Officer and Chief Financial Officer of MoonPay and has extensive collaboration experience with banks, payment companies, and regulatory institutions. This appointment follows TON Foundation's acquisition of $400 million in venture capital investment, aiming to drive the global expansion of the TON blockchain.

Over the past year, active users of the TON blockchain have grown from 4 million to 41 million, despite a 46% drop in the price of TON tokens during the same period. Crown stated that the speed, scalability, and deep integration with Telegram provide TON with unique advantages in the blockchain sector. The plan is to onboard 30% of Telegram's active users into the blockchain ecosystem by 2028.