TAC network has been launched to connect DeFi protocols on Ethereum to the TON and Telegram ecosystems

What’s new? The launch of TAC Layer 1 (L1) blockchain’s mainnet, which aims to connect decentralized applications (dApps) based on the Ethereum Virtual Machine (EVM) to the TON blockchain and Telegram messenger ecosystems with more than 950 million users, took place.

Material by Cointelegraph

What else is known? TAC allows Telegram users to interact with EVM-based dApps directly within the messenger, giving them access to a number of DeFi protocols on the Ethereum network, including Curve, Morpho, and Euler.

In turn, TAC blockchain developers are provided with an EVM solution to seamlessly deploy dApps in the TON ecosystem without having to rewrite code from scratch, opening up access to Telegram’s global user base. In February 2025, TON became the only supported blockchain for services within the messenger.

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TAC, announced in July 2024, aims to be a fully EVM-compliant L1 blockchain to work with TON and Telegram. In a seed round of funding in November 2024, the project raised $6,5 million led by Hack VC and Symbolic Capital and with participation from Primitive, Paper Ventures, Karatage, Animoca Ventures, Spartan Capital, TON Ventures, and Ankr, as well as Polygon blockchain co-founder Sandeep Nailwal.

The funding was aimed at advancing the project, developing developer relationships, and developing technologies to connect various EVM applications in the DeFi, GameFi, SocialFi, and Real World Asset (RWA) tokenization sectors with the TON and Telegram ecosystems, as well as providing wallet abstraction to facilitate non-custodial asset storage on the TON and Ethereum networks.

The wallet abstraction feature allows wallets to be used as smart contracts. It was introduced to Ethereum as part of the Pectra upgrade in May this year.

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TAC infrastructure protection is partially provided by TON’s liquid staking tokens (LSTs), which will introduce a restaking feature into the ecosystem. Such a feature allows blockchain coins to be staked and rewarded for participating in keeping the network running, while providing LSTs in return that can be used in DeFi protocols while the underlying coins are on the blockchain.

TAC’s founding team includes employees of venture capital firm TOP (The Open Platform) and Curve protocol creator Mikhail Egorov. The CEO and founder of TAC is Pavel Altukhov and co-founder is Marco Monaco.

The relevance of the project was explained by the TAC team as follows:

“Until recently, EVM-based applications had to be adapted for TON Virtual Machine (TVM) compatibility to reach Telegram’s 1B+ users. But now, TAC allows EVM developers to integrate their applications with Telegram and TON effortlessly.”

In early 2025, the project held a second round of funding, bringing the total amount raised to $11,5 million. This $5 million round was led by Hack VC.