TON Foundation appoints Manuel Stotz as the new CEO: significant progress to be made in the United States

The TON Foundation announced yesterday (14) that it will appoint board member Manuel Stotz as the new president to facilitate future expansion of business and influence in the United States. Animoca Research: How does a win-win situation for Telegram and TON take shape in 2024? (Background addition: ON early core members personally recounted: 10 key contributions affecting the early development of TON) TON Foundation (TON Foundation) announced on its official blog yesterday (14) that the TON Foundation will appoint board member Manuel Stotz to succeed Steve Yun as the new president of the foundation, and predicted that in the coming months, TON will make important progress in the United States: TON The Foundation is proud to announce a pivotal transition to the current leadership, with Manuel Stotz, an accomplished investor and Block Chain technology advocate, taking on the role of new President. This marks a new chapter in the Foundation's journey to accelerate global Block chain adoption, with a strategic focus on expanding its presence in the United States. In the coming months, TON will make significant progress in the United States to further consolidate its leadership position in the global Block chain ecosystem. Who is Manuel Stotz? According to a press release from the TON Foundation, Manuel Stotz has served on the TON Foundation's Board of Directors since its inception. He is also the founder of Kingsway Capital, a London-based investment firm with multi-billion dollar assets under management and a focus on frontier and emerging markets. Under his leadership, Kingsway Capital has invested in more than 50 Block Chain companies, including Animoca Brands, Blockchain.com, CoinDCX, and more, as the TON Foundation has to say about it: Manuel Stotz has a deep understanding of Block's role in economic empowerment and investment history, and he has built a network of global investors, institutions, and successful entrepreneurs. This puts him in a unique position to expand TON's adoption and presence in the U.S. market. What's next after the TON mini-game craze subsides? We know that last year, Notcoin set off a craze for mini games on Telegram, pushing the TON coin price to continue to rise, exceeding $8 at a high and once ranking among the top ten cryptocurrency. However, the mini-game craze subsided, and TON fell as low as $4.446 at the end of November last year. At the moment of writing, TON is tentatively trading at $5.38, and the Market Cap is more than $13.6 billion, which is still up 134% in the past year. At present, the next flashpoint of TON ecological bets is in the field of decentralized finance, with the new US President Trump taking office next week and showing a very positive attitude towards cryptocurrency, whether the TON ecosystem can further achieve in the United States under the leadership of Manuel Stotz in the future and promote TON rises is worth our continued follow. TON trend in the last 1 year. Source: CoinGecko Related reports TON Global BTCFi Hackathon unveiled, million dollar bounty pool, Shenzhen station took the lead! Telegram's revenue in the first half of the year exceeded $500 million "year-on-year rise 190%", TON value rise, subscription production key TON Black Pine Hong Kong Station is here! Hackers League Hackathon offers a $3 million prize pool (TON Foundation appoints Manuel Stotz as new president: significant progress will be made in the United States) This article was first published in BlockTempo's "Dynamic Trends - The Most Influential Block Chain News Media."