Bloomberg: TON Blockchain is actively expanding into the U.S. market

ChainCatcher news, according to Bloomberg, the TON Foundation announced the appointment of board member Manuel Stotz, founder of Kingsway Capital Partners Ltd., as the new president, while former president Steve Yun will continue to serve on the board.

This personnel appointment reflects the TON Foundation's optimism about the crypto-friendly policies of the Trump administration and its active efforts to establish a presence in the U.S. market. The TON Blockchain has a close relationship with Telegram Messenger LLP, and this strategic adjustment aims to seize development opportunities in the world's largest economy.