TON Foundation Appoints MoonPay Cofounder Maximilian Crown as CEO

BlockBeats News, April 24th, according to CoinDesk, the TON Foundation has announced the appointment of MoonPay co-founder Maximilian Crown as Chief Executive Officer. Crown previously served as Chief Operating Officer and Chief Financial Officer of MoonPay, bringing extensive experience in collaboration with banks, payment companies, and regulatory bodies. This appointment comes after the TON Foundation received a $4 billion investment, aiming to drive the global expansion of the TON blockchain.

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