TAC secured $11.5 million in funding to bring Decentralized Finance to the billion-user ecosystem of Telegram.

TAC announced that it has raised $11.5 million to bring DeFi to Telegram's billion-user ecosystem. The latest round of strategic funding of $5 million was led by Hack VC. (Synopsis: Telegram received $300 million in cash and equity from xAI, Musk threw money to push Grok and TON jumped 20%) (Background supplement: Telegram successfully raised $1.5 billion in bonds!) BlackRock, Castle, Mubadala and others) (This article is a press release, written and provided by the TAC, and does not represent the position of the moving area) New York — June 18. TAC, a blockchain designed specifically for EVM dApps to help them connect the TON and Telegram ecosystems, has raised a total of $11.5 million in its seed and strategy rounds. The latest $5 million strategic funding round led by Hack VC further solidifies TAC's mission to support enhanced blockchain capabilities within Telegram. Telegram is the most user-rich environment in the crypto world. "At Hack VC, we invest in teams that build the future of the Internet," said Ed Roman, managing partner of Hack VC. "TAC is an exceptional team with a deep understanding of infrastructure and growth, with many years of experience building in this area. Leading this round of strategic financing demonstrates our deep confidence in TAC's ability to enable Ethereum dAPPs to reach users around the world through Telegram and TON." The TAC mainnet is coming live soon and is being rolled out in phases. In the current DevMainnet phase, blue-chip DeFi protocols such as Curve, Morpho and Euler have been deployed, and more than 20 leading applications are preparing for mainnet integration. These early developments ensure that once TAC goes public, the ecosystem will have deep liquidity, mature DeFi primitives, and immediate user utility within Telegram. The Summoning, a liquidity bootstrapping event leading up to the launch of the TAC mainnet, has generated strong interest from industry-leading funds, liquidity providers and infrastructure participants. TAC had secured a total lock-up value of more than $700 million (TVL) prior to the launch of the mainnet, an institutional-grade support that reflects deep confidence in TAC's role as TRON's DeFi layer. Crucially, this liquidity will power core DeFi applications from day one mainnet launch, enabling real yield and marketplace functionality. "TAC is committed to providing EVM developers with the tools and reach to deploy their applications to Telegram's ecosystem of over one billion users," said Pavel Altukhov, co-founder and CEO of TAC. "This strategic financing accelerates our mission to bring Ethereum apps to everyday users and lays the foundation for the next wave of ON native consumer apps." Curve, Morpho, and Euler have built dedicated Telegram Mini Apps (TMAs) to make their products natively accessible in Telegram. At the same time, some popular consumer TMAs began to integrate DeFi functionality on the backend, distributing earnings and financial instruments to non-crypto users. TAC believes that this integration in the super app Telegram is the path to mass adoption. Curve, Morpho, and Euler have built dedicated Telegram mini-programs (TMA) make their products natively accessible in Telegram. At the same time, some popular consumer-grade TMAs began to integrate DeFi functionality on the backend, distributing earnings and financial instruments to non-cryptocurrency users. TAC believes that this integration within the super app Telegram is a key way to achieve large-scale applications. About TAC TAC is a blockchain designed specifically for EVM dApps to help them connect the 1 billion user bases of the TON and Telegram ecosystems. TAC enables Ethereum dApps to be seamlessly deployed on TON, bringing EVM functionality and liquidity to the TON ecosystem, allowing builders to focus on consumer use cases. Website | X | Discord | Linkedin Euler "Euler is a powerful modular lending super application designed to achieve unmatched capital efficiency, significantly enhancing liquidity for lending or exchange (swap) transactions on TAP," said Antoine L, Head of Business Development at Euler. "The TAC team has demonstrated excellent technical execution and support capabilities. They are the ideal partner to bring our full suite of products to the Telegram and TON ecosystems." Morpho "Morpho is the safest, most efficient and flexible lending platform. We are excited to partner with TAC to bring our proven products to the TON ecosystem," said Kirk, Head of Governance and Multi-Chain Growth at Morpho. "Our Telegram MiniApp will provide more than 1 billion users with one-click access to DeFi capabilities. The TAC team's deep understanding of infrastructure and distribution gives us confidence in bringing Morpho to Telegram and TON." Curve Finance "The launch of Curve on TON and Telegram marks a breakthrough in DeFi accessibility," said Michael Egorov, founder of Curve Finance. "TAC realizes a bold vision to bring proven EVM applications to where users are. We are proud to be one of the first companies to deploy and lead the way forward." Related reports TON native wallet upgrade: support Jettons, NFT, DNS... Preview Chrome expansion will be launched TON Play Earn Rising Star "To the MOO" Releases Token Economic Model: 69% $MOO Distribute Communities to Promote Bitcoin Gamification and Large-scale Application TON Launches Mini App Migration Grant Program: Up to $50,000 Telegram Advertising Grants, Invite Chain Developers to Join TON Ecology The era of ordinary people making money with Telegram begins: gift market launched, limited-time dynamic upgrade, fully automatic channel translation (TAC obtained). $11.5 Million in Financing to Introduce DeFi to Telegram's Billion-Level User Ecosystem" This article was first published on BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".