This report covers TON’s latest developments, from our deeper partnership with Telegram and the growth of USDT issuance to LayerZero going live and TON Core’s roadmap for 2025.

Thank you for being a part of the TON ecosystem. We’re excited to continue
growing together in the months ahead.

### [Read the Report](https://storage.googleapis.com/ton-strapi/ton_report_jan_feb2025_05079eade3/ton_report_jan_feb2025_05079eade3.pdf)

TON Ecosystem: January – February 2025 Report

Explore TON

The Open Network (TON) is putting crypto in every pocket. By building a Web3 ecosystem within Telegram Messenger, TON is giving billions the opportunity to own their digital identity, data, and assets.

What is TON?

Established in Switzerland in 2023, The Open Network Foundation is a non-profit organization funded entirely by community contributions. The Open Network Foundation acts in the interests of the community by supporting initiatives that help achieve The Open Network's mission.

The Open Network Foundation empowers TON projects without controlling TON technology and is one of many network contributors in the decentralized TON Community. TON operates on an open-source codebase, allowing contributions from anyone, and has no single controlling authority.

Our Role

Coming soon

The Open Network Foundation empowers community-driven initiatives to reach their full potential by offering coordination, support, and grants. This assistance is extended to projects identified, demanded, and valued by the wider TON Community. 

Grants Program

The Open Network Foundation team is made up of various TON Community contributors who bring together diverse expertise to actively shape platform development and drive TON's growth. 

Foundation Council

Foundation Council Member

Steve Yun

Barbara Schüpbach

President of the Foundation Council

Manuel Stotz

Director of Ecosystem

Anthony Tsivarev

Director of Finance

Michael Teh

Director of Growth

Justin Hyun

Core Development

Kirill Emelyanenko

Investment Relations

Amy Yeap

Director of Marketing

Jack Booth

Director of Brand & Comms

Ryan Dennis

Anatoly Makosov

General Counsel

Juno Pang

Director of Operations

Max Pertsovskiy

We believe in the power of a <gradient>decentralized future</gradient> and self-sovereignty at scale.

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