TON Foundation Appoints 'MoonPay' Co-Founder as New CEO

JOON HYOUNG LEE

Summary

TON Foundation announced that it has appointed Maximilian Crown, co-founder of the cryptocurrency startup MoonPay, as the new CEO.
Crown has previously served as CFO and COO at a cryptocurrency infrastructure company and will remain on the MoonPay board.
TON Foundation recently raised $400 million in investment, and the number of Toncoin users has increased more than tenfold from 4 million to 41 million over the past year.

TON Foundation, the issuer of Toncoin (TON), has appointed the co-founder of the cryptocurrency payment startup MoonPay as its new Chief Executive Officer (CEO).

According to CoinDesk on the 24th (local time), TON Foundation has appointed Maximilian Crown, co-founder of MoonPay, as the new CEO. CoinDesk reported, "Crown has served as Chief Financial Officer (CFO) and Chief Operating Officer (COO) at a cryptocurrency infrastructure company," and "he will remain on the MoonPay board even after joining the TON Foundation."

Meanwhile, TON Foundation raised $400 million (approximately 570 billion KRW) in investment last month. It is known that the number of Toncoin users has surged more than tenfold from 4 million to 41 million over the past year.

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