With $11.5 million in financing, TAC wants to lead Telegrams billion-user ecosystem to embrace DeFi

TAC, a blockchain network built specifically for EVM dApps to access TON and Telegram ecosystems, recently announced that it has completed seed and strategic rounds of financing totaling $11.5 million. The latest round of strategic financing of $5 million was led by Hack VC, further demonstrating the investment institutions’ high recognition of TAC’s vision – to enhance blockchain functionality within Telegram, where the largest number of crypto users is concentrated.

Ed Roman, managing partner of Hack VC, said: We focus on investing in teams that build the future of the Internet. The TAC team has a deep foundation in infrastructure and growth and has many years of industry experience. Leading this round of financing reflects our firm confidence in the ability of the TAC team to shape the diverse ways Ethereum dApps can reach global users through Telegram and TON.

It is understood that the TAC mainnet is about to be launched and is currently being promoted in stages. The current developer mainnet stage has attracted blue chip DeFi protocol deployments such as Curve , Morpho , and Euler , and more than 20 head applications are preparing for mainnet integration. These early progress will ensure the deep liquidity of the ecosystem when the TAC mainnet is launched, the maturity of the underlying DeFi modules, and the immediacy of actual value acquisition for Telegram users.

Pavel Altukhov, co-founder and CEO of TAC, said: TAC is committed to providing EVM developers with the tools and channels to deploy applications to Telegrams billion-user ecosystem. This strategic round of financing will accelerate our pace of bringing Ethereum applications into the lives of ordinary users and lay a solid foundation for the next wave of TON ecosystem-native consumer applications.

It is worth mentioning that the liquidity incentive event The Summoning before the launch of the TAC mainnet attracted enthusiastic participation from many leading funds, LPs and infrastructure projects. Before the public launch of the mainnet, TAC TVL has exceeded US$700 million. The strong support from institutions demonstrates the confidence of TAC as the underlying infrastructure of TON Ecosystem DeFi. More importantly, these liquidity will provide development momentum for core DeFi applications, ensuring that there will be real returns and market functions when the mainnet is launched.

Michael Egorov, founder of Curve, said: “By listing TAC on Telegram and TON, Curve has the opportunity to reach countless new users who have not yet entered the DeFi world. TAC has chosen the high-quality path of introducing battle-tested EVM applications to this ecosystem, and we are happy to be one of the first projects to deploy and serve new users.”

Currently, protocols such as Curve , Morpho and Euler have developed their own Telegram ecosystem mini-programs (TMAs) to facilitate the integration of their native products into Telegram. At the same time, more and more consumer-level mini-program applications will also integrate DeFi functions in the backend, allowing many non-encrypted users to enjoy benefits and financial functions.

The TAC team believes that this deep integration within the super app Telegram is the key path to driving mass adoption of crypto in the future.

About TAC

TAC is a blockchain built specifically for EVM dApps to access TON and Telegrams billion-level user ecosystem. TAC facilitates the seamless deployment of Ethereum dApps to the TON ecosystem, bridges EVM functions and liquidity to the TON ecosystem, and helps developers focus on consumer-level scenario innovation.

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