[PRESS RELEASE – Zug, Switzerland, October 18th, 2023]

Today, The Open Network Foundation (TON Foundation), the non-profit Swiss organization working towards growing a Web3 ecosystem within Telegram, has announced a collaborative endeavor with Blockchain.com, one of the world’s most trusted and popular platforms for retail customers and institutions to buy, sell, and trade cryptocurrency.

Through this collaboration, Blockchain.com and TON Foundation will make crypto more accessible for the over 800 million monthly active users on Telegram. In September 2023, TON Space, the TON-based self-custody cryptocurrency wallet developed by the team behind Wallet, was made available in the Telegram settings menu for existing users of Wallet outside of the United States.

Starting in November 2023, TON Space will be available by default in the Telegram menu for all Telegram users outside the United States. All existing and new Telegram users, excluding those in the United States, will be able to access their wallets directly from the Telegram menu and enjoy an experience where buying, selling, and trading crypto is as easy as texting.

Toncoin will also be available in Blockchain.com’s 90 million wallets across the globe to facilitate easy onboarding and off-ramping, with transaction pairs for GBP, USD, and EUR. To reinforce their mutual commitment to providing users with best-in-class value, the program includes a limited-time, incentivized campaign for Blockchain.com users to receive an extra $5 USD of Toncoin when they buy $20 USD of Toncoin on the platform.

Separately, yet running in parallel to this incentivization program, TON Foundation will attempt to set a world record for the fastest blockchain on October 31, 2023. This monumental event can be viewed live at live.ton.org, marking a pivotal moment in the blockchain’s history and showcasing the potential of The Open Network.

About TON Foundation

The Open Network Foundation (TON Foundation) is a non-profit organization founded in Switzerland in 2023. TON Foundation is 100% funded by the community, actin