Telegram is taking a significant step toward decentralized finance (DeFi) by enabling Ethereum-based DApps to operate directly within its platform through the mainnet launch of Tac.
Tac, a third-party EVM-compatible layer-1 network, allows developers and users to connect Ethereum DeFi apps to The Open Network (TON) and Telegram’s vast user base. The launch was confirmed by the Tac team on Tuesday.
Telegram users can now interact with DApps such as Curve, Morpho, Euler, and others directly from within the messenger.
Tac offers seamless integration for developers
For developers, Tac serves as a tool that allows EVM-based applications to run on TON without rewriting their codebase. This lowers the barrier for Ethereum developers to reach Telegram’s billion-plus users, enhancing app visibility and usage.
First unveiled in July 2024, Tac was designed as a full EVM-compatible layer-1 blockchain built on TON. It includes its own jetton TON token and collaborates with other TON-based projects to help “accrue value to TON.
Funding and mission behind Tac
Tac secured $11.5 million across seed and strategic funding rounds, with the most recent $5 million round led by Web3 venture capital firm Hack VC. The funding has been used to build infrastructure that allows EVM apps to plug into Telegram and TON.
The launch marks a critical milestone for the intersection of Ethereum DeFi and messaging-based Web3 adoption, expanding access to decentralized apps through one of the most widely used communication platforms in the world.