TON Blockchain Targets US Expansion Amid Pro-Crypto Shift Under Trump

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2025-01-15 06:21:01

The TON Foundation has announced strategic changes to its leadership as part of its expansion into the US market. Manuel Stotz, founder of Kingsway Capital Partners Ltd., has been named president of the foundation, replacing Steve Yun, who will remain on the board. Stotz brings extensive experience in managing billions in assets and supporting key blockchain players. The foundation aims to enhance decentralization and establish new partnerships in the US. This move aligns with Donald Trump's pro-crypto stance, as he has pledged to position the US as a hub for digital assets. Trump may issue a pro-crypto executive order on his first day in office, signaling a favorable environment for blockchain and cryptocurrency initiatives.

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