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Telegram-linked blockchain project, TON, is set to focus on growth in the US market under the incoming administration of US President-elect Donald Trump.
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Telegram-linked blockchain project, The Open Network (TON), is set to focus on growth in the United States under the incoming administration of US President-elect Donald Trump.
The US is set to become a key market for TON under Trump’s new administration, a spokesperson for the TON Foundation confirmed to Cointelegraph on Jan. 14.
The US push will be led by newly appointed TON Foundation president and board member Manuel Stotz.
The market expansion comes in line with the TON Foundation’s vision that the US will “soon become a global crypto hub keenly focused on innovation,” Stotz said, according to a report by Bloomberg.
Stotz, the new president of the TON Foundation, is a major investor in the digital asset industry and the founder of the investment management company Kingsway Capital Partners.
In his new role at the TON Foundation, Stotz will replace Steve Yun, who remains on the board.
This is a developing story, and further information will be added as it becomes available.
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This article first appeared at Cointelegraph.com News
