Pavel Durov, in his Telegram channel, stated:

📈 Good month for The Open Network: the biggest names in venture capital invested over $400M into TON and publicly backed it. Among them are the legends of Silicon Valley: Sequoia, Benchmark, Ribbit, Draper, VY, and other world-famous funds 💸

🪙 Over the past year, TON has become the backbone of creator economy on Telegram. It is the exclusive withdrawal method for millions of content creators and mini app developers and the only way to pay for Telegram Ads in most countries. Every Telegram-related asset — from usernames to digital gifts — is tradeable solely as a TON-based NFT, and Telegram Mini Apps use TON exclusively as their blockchain. Telegram's in-app economy is exploding in volume, fueled by constant innovation — like the Star Messages (https://telegram.org/blog/star-messages-gateway-2-0-and-more) we launched earlier this month, an overnight success rivaled only by the tokenized gifts introduced in January 🎁

⛏ What's more, The Open Network (https://ton.org/) remains the only blockchain technology built to scale — with sharding and the capacity to process transactions for billions of users. It's one of the few blockchain networks with real, fundamental value. I'm not surprised the smartest people on the planet are endorsing TON 🚀