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TAC raised $11.5 million in funding, aiming to bring Decentralized Finance to Telegram's billion-user ecosystem.
TAC (Telegram Access Chain) is a dedicated blockchain designed for EVM dApps, designed to connect to the TON and Telegram ecosystems. Recently, TAC raised a total of $11.5 million in seed and strategic rounds, including a $5 million in newly closed strategic rounds, led by Hack VCs, further reinforcing the market's confidence in TAC's mission to elevate blockchain functionality within Telegram, the most user-rich environment in cryptocurrency.
Ed Roman, Managing Partner of Hack VC, said, "At Hack VC, we invest in the teams that are building the future of the internet. TAC is an exceptional team with a deep understanding of infrastructure and growth, backed by years of experience. Leading this strategic funding round reflects our belief in TAC's ability to reach users around the world with Ethereum dApps through Telegram and TON. ”
Mainnet Launch
TAC is nearing its mainnet launch and is currently rolling out in phases. In the current DevMainnet phase, well-known DeFi protocols such as Curve, Morpho, and Euler have already begun to be deployed, and more than 20 leading applications are preparing for mainnet integration. This early appeal ensures that once TAC goes live publicly, the ecosystem will have deep liquidity, proven DeFi primitives, and immediate user utility within Telegram.
The mission of TAC
Pavel Altukhov, co-founder and CEO of TAC, said: "TAC is committed to providing EVM developers with the tools and channels to deploy their applications into Telegram's ecosystem of one billion users. This strategic funding round accelerates our mission to bring Ethereum applications to everyday users and lays the groundwork for the next wave of TON-native consumer applications. ”
Pre-Mainnet Liquidity Guidance Activity
The TAC pre-mainnet liquidity guidance event The Summoning has attracted significant attention from leading funds, liquidity providers, and infrastructure participants in the industry. Before the public mainnet launch, over $700 million in Total Value Locked (TVL) has been secured, and this institutional-level support reflects the market's deep confidence in TAC as a layer of TON DeFi. Importantly, this liquidity will power core DeFi applications from day one, enabling real yields and market functionality at launch.
TAC is providing new opportunities for users by bringing Ethereum dApps to Telegram and TON, promoting the adoption of DeFi. With the mainnet launching soon, TAC's ecosystem will offer users a wealth of financial tools and services to support the widespread adoption of Crypto Assets.
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