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TAC has completed a $6.5 million financing and will provide EVM in-app access to TON and Telegram users.
PANews reported on November 11 that TAC, the TON network expansion project, completed a $6.5 million seed round of financing, led by Hack VC and Symbolic Capital, with participation from Primitive, Paper Ventures, Karatage, Animoca Ventures, and others. TAC will provide seamless access to Solidity applications for TON and Telegram users, and plans to launch the testnet this week, with the Mainnet expected to be launched in the first quarter of 2025. TAC aims to connect Ethereum developers and the TON blockchain ecosystem, streamlining the development process on TON. The financing will be used for marketing, developer relations, and technical research and development.