TON Foundation Officially Registers in Abu Dhabi
The TON Foundation has been officially registered under the regulatory framework of the decentralized ledger technology (DLT) Foundation of Abu Dhabi Global Market (ADGM), UAE.
This framework provides a structured legal foundation for decentralized organizations to make operations and governance smoother.
TON Foundation hopes to expand in the Middle East and North Africa regions
this TON Foundation It aims to accelerate the adoption of the TON blockchain. The strategic focus is on the Middle East, North Africa (Mena) and the Asia Pacific (APAC) region. It sets the bold target of 500 million users by 2028.
In order to achieve this goal, the TON Foundation plans to give priority to the advancement of blockchain technology, enhance scalability and availability, and cultivate booming developer ecosystems.
“The registration of the Ton DLT Foundation under the ADGM DLT Foundation framework marks the critical moment when we establish the Ton journey, and will give priority to the leading blockchain ecosystem in the Middle East and North Africa and the Asia -Pacific region. This milestone strengthens us and the region The position of stakeholders and regulatory agencies has created a trust and innovation environment.
ADGM continues to consolidate its status as the center of cryptocurrencies and blockchain. Yesterday, Tether’s USDT Stable currency Have received Recognized as recognized virtual assets (AVA) The license by the Financial Services Regulatory Bureau (FSRA) enables it to operate within the ADGM framework.
also, ChainLink Labs also occupies a place in ADGMIt marks it to enter the Middle East and North Africa. These developments are consistent with the modernization of financial sector and economic diversification through blockchain and encrypted innovation.
At the same time, after the initial hype, TON continued to fall into trouble TELEGRAM’s clicks to make money games continue to fade outEssence The tvl of the blockchain fell from a peak of nearly 760 million US dollars in July to US $ 296 million in December.
East currency Although the bullish cycle continues, the company has also performed poorly in the market, and has only risen by 16%in the past month. The cong coin is currently 23%compared with the historical high in July. participate Similar to hamster games Drive the early peak.
However, The interest of clicking on the game of making money is reduced After the initial airdropEssence At the same time, the network has been looking at the fields outside Telegram to improve its practicality.
Earlier this month, Grafun Labs launched Memepad Integrated Ethereum on the Ton blockchain. These measures can promote the growth of Ton ecosystems.
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