
TOP Raises $28.5M: Telegram's Crypto Play Heats Up!

Lim Qiaoyun
The Open Platform (TOP) has completed an $28.5 million expansion financing round. That increase has catapulted the company’s valuation to an amazing $1 billion, all due to their development of the “Wallet in Telegram” self-custody crypto function. The investment was led by prominent venture capital firms Ribbit Capital and Pantera Capital. This demonstrates the growing trend of integrating cryptocurrency services into widely used messaging applications. This bit of news is a big development for DreamingCrypto readers toward the coming decentralized age. Digital assets are quickly becoming second nature to our daily communication.
In addition, Ribbit Capital through their buy-in ended up with a 4% equity stake in TOP, while Pantera Capital ended up with 1%. The funds will be used to consistently scale the new crypto wallet, making it more accessible to the US and European countries. This expansion is a crucial move for TOP. With expansion to a larger user base in play, as well as deepening its presence as the leading provider of self-custody crypto solutions in the Telegram environment, it’s easy to see the potential here. With this most recent round, TOP has raised more than $70 million. This accomplishment is a testament to the robust demand and investor confidence in its vision and potential.
The ramifications of this funding for Telegram’s crypto ambitions are profound. As Telegram becomes the on-ramp for millions of new curious users to easily dip their toes into crypto, by integrating a simple, secure crypto wallet directly into its platform, it’s removing the complexity of today’s exchanges and wallets. Further, this move would onboard a significantly greater wave of users into the crypto space, fostering adoption and mainstream acceptance. Beyond the immediate benefits of this integration, it further complements Telegram’s overall goal of building a more decentralized and user-centric ecosystem.
The push to introduce new crypto services inside messaging platforms raises some real concerns. Regulatory scrutiny is the other big hurdle. Legislators in every corner of the world are scrambling to try and figure out how they can regulate crypto assets and protect consumers. TOP and Telegram will have to tread very lightly on this complicated landscape to not risk getting themselves in hot water. Additionally, security is paramount. We believe that self-custody wallets are the best way to empower users to have complete control over their funds. With this freedom comes the burden of protecting private keys and avoiding scams.
Recent Developments in the Crypto and Web3 Space
We all know the crypto and Web3 space moves fast, with new projects, technologies, and trends coming around the corner every week—if not more frequently! Join a new era of innovation that’s revolutionizing the world of decentralized finance! Discover the innovations leading the charge. These shifts are further shaping the changing digital ecosystem.
Ethereum's Meme Market Gains Momentum with Little Pepe's $3.6M Presale
Because the Ethereum based meme market is absolutely on fire, trending Little Pepe’s presale raised an eye-popping $3.6 million. That spike in activity goes to show just how much meme coins continue to capture people’s attention. They do a very good job of hoodwinking the investment community focused on short-term returns. Since their inception, meme coins have been treated like speculative assets. They can double as an entry point for new users to jump into the crypto space and explore blockchain technology.
The success of Little Pepe's presale demonstrates the power of community and social media in driving the adoption of meme coins. These projects often rely on viral marketing and strong online communities to generate buzz and attract investors. Meme coins are high-risk investments, and potential investors should be wary of them. Do careful due diligence, as these types of investments deal with a volatile and frequently manipulable underlying commodity.
ARK DEFAI Unveils a Decentralized Intelligence Framework for Financial Coordination
In response, ARK DEFAI has launched a decentralized intelligence framework to improve economic and financial coordination. This creative framework represents an unprecedented attempt to utilize the might of decentralized technologies to not only make better decisions but create a more efficient financial process. Through real-time data and actionable insights, ARK DEFAI liberates people and institutions to harness the power of ARK. This user-centric approach ultimately enables users to make smarter financial decisions.
The decentralized intelligence framework could potentially revolutionize the way financial institutions operate, enabling them to streamline processes, reduce costs, and improve transparency. ARK DEFAI is using blockchain technology and other decentralized tools. Together, they are helping to create a more efficient and equitable financial system.
The Open Platform Achieves Unicorn Status in Web3 with $1 Billion Valuation
The Open Platform (TOP) has also become a unicorn in Web3 with a $1 billion valuation. This milestone marks an important moment in the increasing recognition of the potential of bringing crypto services inside chat applications. TOP’s success is a reflection of the growing desire for more user-friendly and accessible crypto solutions.
The firm’s commitment to self-custody wallets is particularly notable. Specifically, it helps provide users more control and ownership of their digital assets. TOP presents a reliable and user-friendly solution for storing and managing various cryptocurrencies. This breakthrough fuels the widespread adoption of decentralized finance and advances efforts towards financial inclusion.
Cooking.City Revitalizes Value Redistribution in Solana Fair Launches
Cooking.City is on a mission to revive the virtues of value redistribution via Solana fair launches. The goal of fair launches is to provide the same opportunity to buy tokens to every investor participating in the token sale. Unfortunately, they often run into issues such as bots and front-running that defeat this purpose. Cooking.City wants to tackle these issues by introducing innovative mechanisms that help guarantee a more equitable distribution of tokens.
Cooking.City is working to develop a more equitable and open launch process. This project further instills confidence in the Solana ecosystem while attracting additional investor interest to the platform. This effort is very important for cultivating a healthy and sustainable DeFi ecosystem.
ICN Introduces $ICNT Token, Signaling a $470 Million Valuation
With the announcement of its $ICNT token, ICN is projecting a valuation of $470 million. The launch of the new $ICNT token represents an important step towards achieving this ambitious mission. It has ambitious plans to increase its adoption and improve its ecosystem. The token will initially be utilized to incentivize everyday users of the platform and reward them for their valuable contributions to the crypto trading ecosystem.
Providing additional utility, the $ICNT token will be integral to incentivizing growth and adoption for ICN’s services. ICN is building community engagement by making users feel ownership of the platform. This new approach fosters further engagement and participation amongst its new members.
LBank Reports Impressive $4.98B Daily Trading Volume in Q2 2025
LBank V2 has denounced a huge $4.98 billion daily trading volume in Q2 2025. This impressive performance underscores the momentum of cryptocurrency trading platforms. LBank’s success is undoubtedly due to its extensive selection of trading pairs, user-friendly interface, and strong security features.
Especially the growing trading volume on exchanges such as LBank is a bullish sign for the whole crypto industry. Most importantly, it demonstrates that retail and institutional investors alike are keenly weary and willing to engage.
Oasis Protocol Foundation Launches ROFL Mainnet for AI Applications
The Oasis Protocol Foundation recently launched the ROFL mainnet, specifically designed for AI applications. This new mainnet, which Ternio is building in parallel to its regular Hyperledger-powered private mainnet, is tailored for secure, privacy-preserving development and deployment of AI-powered apps. In part, ROFL reflects the Oasis Network’s strong privacy features. This enables developers enormous flexibility to create innovative AI models that can directly access and process sensitive data while completely safeguarding user privacy.
ROFL’s launch is a major leap forward in the field of privacy-preserving AI. This technology has the potential to transform a wide array of industries, from healthcare to finance. It supercharges the creation of AI applications that will be both mighty and right.
HTX DAO Presents Compliance and Governance Vision at Istanbul Blockchain Week
HTX DAO shared its vision for compliance and governance at Istanbul Blockchain Week. The DAO is dedicated to developing a governance structure that is maximally transparent and accountable, and which follows the best regulatory advice available. HTX DAO works directly with regulators to establish best practices and standards that support healthy ecosystems. This new initiative is focused on building a more sustainable and credible crypto environment.
Thus, the DAO’s focus on compliance and governance is key to establishing trust and bringing institutional investors onto the platform, which the DAO’s savings partially rely on. By demonstrating a proactive approach to regulatory compliance, HTX DAO is setting a positive example for the broader crypto industry.
Dennis Tomala: A Pioneering Innovator in the Crypto Space
Dennis is best known for being one of the first true crypto innovators. Tomala’s ingenuity and influence Tomala has spent his career positioning himself at the forefront of developing and popularizing cutting-edge blockchain technologies. His efforts have significantly influenced the development of the crypto industry and opened doors for future innovations to emerge.
Tomala’s work has served as a beacon for dozens of other individuals and organizations to investigate the revolutionary potential of blockchain technology. His vision and leadership have been key in propelling the adoption of decentralized solutions into new frontiers and industries.
WEMADE & Redlab Launch Web3 MMORPG with Global Pre-Registration for August 2025
Jointly produced by WEMADE and Redlab, the new Web3 MMORPG will enter global pre-registration in August 2025. This long-awaited MMORPG is sure to bring in millions of gamers and crypto supporters at the same time. With WEMADE and Redlab continuing to push blockchain technology into the game, this innovation makes an unrealized and cutting-edge gaming experience to immerse players in an exciting world while rewarding their engagement.
By incorporating NFTs and other blockchain-based assets into the game, players have real power over their ownership and ability to trade their in-game items. This new development makes for a much more immersive and fulfilling gaming experience. This agency-friendly move will help accelerate the widespread adoption of Web3 gaming. It will bring a new wave of users into the crypto ecosystem.
PrimeXBT Introduces ‘Trade as VIP’ Campaign with 70% Off Trading Fees
To celebrate this milestone, PrimeXBT launched a unique ‘Trade as VIP’ Campaign providing 70% discount of their base trading fees. This promotion is meant to bring more high-volume, loyal traders to the platform and give back to them for their business. By offering significant discounts on trading fees, PrimeXBT is making it more attractive for experienced traders to use the platform.
As you might expect, ‘Trade as VIP’ campaign will increase trading volume on PrimeXBT. This move will make PrimeXBT more attractive than ever while cementing its status as a top blockchain-powered trading platform.
R0AR's $1R0R Token Launches on MEXC Exchange, Enhancing DeFi Access
R0AR’s $1R0R token has officially launched on the MEXC exchange, making their impact on increasing DeFi access that much stronger. The $1R0R token being listed on MEXC gives users more liquidity and easy access to the R0AR ecosystem. By increasing the token’s immediate availability, R0AR is ushering in wider adoption of its decentralized finance solutions.
The launch of the $1R0R token on MEXC is a major achievement for the project itself. This move will position the project to grow its community and better develop its ecosystem. This decision will greatly increase the understanding of and trust in DeFi. More importantly, it will attract a new wave of users to the space.
Taken together, these developments create an impressionistic portrait of a dynamic and increasingly maturing crypto and Web3 ecosystem. Although risks do still exist, the potential for creativity and disruption is immeasurable. As DreamingCrypto continues to explore this unfolding legend, we encourage our readers to stay informed, exercise caution, and embrace the decentralized age.
- Qubetics: This next-generation interoperability-focused Layer 1 blockchain has already raised $14.9 million in its crypto presale, indicating strong investor interest in its vision.
- Hyperliquid: This platform has seen significant gains, with a 17% increase today and 88% this month, showcasing its growing popularity among traders.
- Worldcoin: Another strong performer, Worldcoin has seen a 27% gain today and 81% this month, reflecting increasing adoption and positive sentiment.
- Dogwifhat: This Solana-based meme coin has experienced a 17% gain today, demonstrating the continued allure of meme coins in the crypto market.
- Jupiter: Built on the Solana blockchain, this decentralized exchange is gaining traction as a platform for trading Solana-based assets.
- TON Ecosystem: This ecosystem has received a substantial $400 million investment from major VCs like Sequoia, signifying strong confidence in its potential.
- Best Wallet Token: Currently undergoing a presale, this token has already raised $12.5 million, suggesting strong demand for its underlying wallet solution.
These developments collectively paint a picture of a vibrant and rapidly evolving crypto and Web3 landscape. While risks remain, the potential for innovation and disruption is undeniable. As DreamingCrypto continues to explore this unfolding legend, we encourage our readers to stay informed, exercise caution, and embrace the decentralized age.