The TON network expansion project TAC has completed a $6.5 million seed round financing, led by Hack VC and Symbolic Capital

ChainCatcher news, according to The Block, the TON network expansion project TAC has completed a $6.5 million seed round financing, led by Hack VC and Symbolic Capital, with participation from Primitive, Paper Ventures, Karatage, Animoca Ventures, Spartan Capital, TON Ventures, and Ankr. The valuation and structure of this round of financing have not been disclosed.

The testnet phase of TAC is expected to launch this week, with the mainnet release planned for the first quarter of 2025.

According to RootData, TAC is a TON network expansion that allows the EVM community to access Telegram's 950 million users.