The TON Foundation, the non-profit organisation supporting the development of the TON Blockchain, has selected OpenPayd to provide the global fiat infrastructure underpinning its expanding ecosystem.
The partnership aims to streamline the Foundation’s financial operations by connecting international fiat rails through OpenPayd’s single API. This infrastructure will serve as a core operational layer, enabling the Foundation to fund ecosystem grants more efficiently and manage multi-currency treasury operations with greater agility.
Connecting fiat to a decentralised ecosystem
The TON Blockchain is deeply embedded within Telegram’s interface, serving as the exclusive blockchain infrastructure for the platform’s Mini App ecosystem, which reaches more than 1 billion monthly active users. Given this massive global footprint, the Foundation required a financial backbone capable of handling complex cross-border flows.
By integrating with OpenPayd, the TON Foundation can now route fiat funds to and from ecosystem partners, community programmes, and builders across multiple regions.
“TON Foundation is building one of the most strategically positioned blockchain ecosystems in the world,” said Iana Dimitrova, CEO of OpenPayd. “Their community-led model, combined with their integration into the Telegram environment, creates extraordinary global reach, and that requires financial infrastructure that can match it. We’re proud to have been chosen by TON Foundation to support their fiat operations, enabling them to fund grants, support builders and scale new initiatives across borders with ease.”
Scaling operations
The move is framed as an upgrade to the Foundation’s core operations. Max Crown, president and chief executive officer of TON Foundation, highlighted the operational benefits: “Partnering with OpenPayd gives us a far more agile and globally connected financial backbone. Through this integration, we can now move funds at greater speed, simplify how we manage currencies, and resource the teams and builders driving TON’s growth more effectively. It’s an upgrade to our core operations and a catalyst for the next stage of our global growth.”
OpenPayd, which describes itself as building “universal financial infrastructure,” currently processes more than €130billion in annual volumes for clients such as eToro, Kraken, and OKX. Its platform provides embedded accounts, FX, and payment rails that bridge the gap between traditional finance and the digital asset economy.