TON Foundation Sets Sights on U.S. Growth with New Leader Manny Stotz

Key Takeaways

• Manuel “Manny” Stotz becomes TON Foundation’s President, succeeding Steve Yun.
• Manny aims to strengthen TON’s presence and adoption in the United States.
• Manny’s experience with Kingsway Capital positions TON for growth and innovation.

Today, the TON Foundation welcomes a very important change in leadership as it ushers Manuel “Manny” Stotz into the role of President. On the back of this, it gears up for scaling in the US market, while further accelerating global blockchain adoption.

Manny replaces Steve Yun, who has played a critical role in shaping the vision and growth of the network. Steve remains on the Board to ensure continuity and to provide strategic guidance as TON enters this exciting phase.

Manny is a serious investor and known blockchain enthusiast who is a member of the TON Foundation – incorporated in Switzerland since its early days. He’s behind Kingsway Capital, too, a London-based firm investing billions on behalf of US institutional investors.

Kingsway has backed over 50 blockchain frontrunners like Animoca Brands and Blockchain.com, among other big players who believe in Manny’s influence in financial inclusivity and innovation.

Manny’s Vision for TON

Manny brings his leadership at a very pivotal time when the network has just started to focus on deepening its presence in the USA, a market ripe for blockchain growth. He is a perfect fit due to his vast network of global investors and institutions, and passion for blockchain as a key enabler of community empowerment that will further drive the network’s mission to push decentralized technologies forward.

Steve Yun expressed confidence in his successor, stating:

Manny’s extraordinary track record in investment and passion for leveraging blockchain to empower communities make him the ideal leader for this next chapter.

A New Era for Blockchain Innovation

The leadership transition signals continuity and renewed momentum for the network. With Steve Yun’s guidance as a Board member and Manny’s forward-looking leadership, the foundation is set to achieve greater heights. The team remains committed to fostering collaboration, driving adoption, and solidifying TON’s position as a leading player in the blockchain ecosystem.

Over the next few months, the network is going to implement a number of strategic initiatives that will leverage the potential of the U.S. market while continuing its international presence. With his experience and vision, Manny will be able to position the foundation to unlock new opportunities in service of its mission to make blockchain technology available for all.

Nevertheless, this transition renews the commitment of the TON Foundation to innovation, growth, and financial inclusions into a new future in the blockchain space.

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