MoonPay Co-Founder Maximilian Kraun Joins TON Foundation as CEO

TON Foundation Appoints MoonPay Co-Founder Maximilian Kraun as CEO

The appointment comes after Manuel Stotz was elected chairman of the foundation's board.

Oliver Knight | Edited by Parikshit Mishra April 24, 2025, 2:30 PM

What you need to know:

• Ton Foundation has appointed MoonPay co-founder Maximilian Kraun as CEO.
• Crown previously served as chief operating officer and chief financial officer at MoonPay and has connections to banking institutions and regulators.
• Over the past year, the number of TON blockchain users has increased from 4 million to 41 million.

The TON Foundation, the organization responsible for the TON blockchain, which is linked to Telegram, has appointed Maximilian Kraun, co-founder of MoonPay, as CEO.

Crown previously served as CFO and COO at a crypto infrastructure provider and has connections to banks, payment systems, and regulators. He will continue to serve on MoonPay’s board.

By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy .

The move comes a month after the TON Foundation announced it had raised $400 million in funding from venture capital firms that purchased TON tokens.

The number of active users of the TON blockchain has increased from 4 million to 41 million over the past year. However, the value of the TON token has decreased by 46% over the same period.

By 2028, it is planned to transfer 30% of active Telegram users to the blockchain.

“TON’s speed, scalability, and unique integration with Telegram set it apart from other blockchains,” said Maximilian Kraun. “With access to over 1 billion Telegram users, TON has an exceptional opportunity to expand its ecosystem globally and change the perception of blockchain technology at scale.”

Источник