London, United Kingdom – (Newsfile Corp. – September 25, 2022) – The TON Foundation, Administrators of the blockchain The Open Network (TON) are pleased to announce the appointment of Bill Qian, Chairman of Cypher Capital, as a new member of the board. Bill was named Chairman of Cypher Capital in June this year and will help expand the TON ecosystem to bring billions of Web2 users into the world of Web3.
Bill’s appointment as a board member follows many exciting developments on the TON blockchain, including the successful launch and auction of TON DNS domain names. Most recently, TON announced a partnership with Huobi Global, one of the world’s leading blockchain companies. As part of this collaboration, Toncoin, TON’s native token, was listed on the Huobi Exchange.
Before joining Cypher Capital, Bill was Global Head of Fundraising at Binance Labs and Global Head of M&A for leading crypto platform Binance
Previously, Bill was Head of Investment in Fintech/Technology for Asian e-commerce platform JD.COM. Bill has also worked with Trustbridge Partners, a leading technology-focused private equity fund. Bill sees himself as a “web-native investor” looking for phenomenal founders in Web3.
Steve Yun, founding member of the TON Foundation, commented: “We are delighted to have Bill and his support. We have no doubt that his unparalleled experience in both Web2 and Web3, combined with his passion for building, will create lasting value in the TON ecosystem.”
Bill Qian, Chairman of Cypher Capital and Board Member of the TON Foundation, commented, “I am very excited to join the TON ecosystem. My team and I will bring world-class Asian Web2 developers from major internet platforms to TON and strive to bring the five billion Web2 users to Web3.”
Over the open network (TON)
The Open Network is a third generation proof-of-stake blockchain originally designed in 2018 by the Durov brothers, the founders of Telegram Messenger. It was handed over later…