To promote the institutional adoption of TON, Factorial Finance, Kiln, and Tradoor will jointly host the event “DeFi-nitely: Institutional Adoption of TON DeFi” at Consensus Hong Kong.
(Background: The TON Global BTCFi Hackathon has kicked off with a million-dollar prize pool, starting in Shenzhen!)
(Additional background: Former chairman of the TON Foundation establishes TVM Ventures, focusing on TON ecosystem DeFi and PayFi projects, with a funding scale of $100 million.)
This article is a press release authored and provided by Factorial Finance and does not represent the views of CoinDesk.
As a leading modular lending platform, Factorial Finance welcomes the TON Foundation’s efforts to accelerate its expansion into the U.S. market, viewing this move as a pivotal turning point for institutional adoption of TON DeFi. With favorable changes in the regulatory environment in the U.S. and leadership transitions within the foundation, 2025 is progressively becoming a key year for TON DeFi to bridge the gap between traditional finance and decentralized ecosystems.
With deep integration into the Telegram ecosystem, which boasts 1 billion users, TON possesses a unique advantage in driving mainstream adoption of DeFi. The TON ecosystem has recently experienced an unprecedented surge in activity, with a net circulation of $1.4 billion since the launch of USDT-TON in April 2024. As part of its expansive growth plan, TON aims to surpass $1.5 billion in total value locked (TVL) by the end of 2025, further solidifying its status as one of the fastest-growing DeFi ecosystems.
The growth momentum of TON is attributed to significant initiatives focusing on DeFi within the ecosystem, including a $23 million Toncoin reward program that has successfully attracted liquidity and encouraged participation. Furthermore, innovative technologies such as on-chain account abstraction, Telegram’s native institutional-grade wallet, and seamless fiat on/off ramps are lowering the barriers for both retail and institutional users to enter DeFi, making it more accessible than ever.
The growth is bolstered by DeFi-centric initiatives across the TON ecosystem, including the $23 million Toncoin incentive program, which has successfully driven liquidity and participation. Additionally, innovations like on-chain account abstraction, Telegram’s native institutional-grade wallet, and seamless fiat on/off ramps are making DeFi more accessible than ever, reducing entry barriers for retail and institutional users.
Why are institutions turning to TON, which is “DeFi-centric”?
The appeal of TON to institutional investors is being enhanced by key infrastructure upgrades:
– **Secure Interoperability**: Through integration with LayerZero and Axelar, seamless cross-chain transactions have been achieved, allowing institutions to access TON frictionlessly.
– **Blue-Chip Assets**: TON is set to introduce BTC, further enhancing liquidity and providing institutions with opportunities to acquire blue-chip assets within the TON ecosystem.
– **Institutional-Grade Innovations**: Multiple DeFi applications are being developed on TON, leveraging Telegram’s market influence to launch unique financial products and services.
– **Capital Efficiency Improvements**: Emerging lending solutions and intent-based market-making strategies on TON help improve liquidity and reduce funding costs for institutional players.
– **Regulatory Clarity**: Under new leadership, TON is expanding into the U.S., paving the way for compliance-driven institutional adoption.
To drive the expansion of TON, Manuel “Manny” Stotz will succeed Steve Yun (who remains a board member) as the new chairman of the TON Foundation. Stotz’s appointment signifies the TON Foundation’s future strategic focus on the U.S. market, as the foundation is committed to building compliant infrastructure to attract institutional investors from the world’s largest financial market.
Justin Hyun, co-founder of Factorial Finance, stated, “The rapid growth of TON and its deep integration with Telegram creates unique opportunities for institutional DeFi adoption. With the right infrastructure and clear regulations, we believe TON can become the preferred destination for institutional capital.”
**DeFi-nitely: Institutional Adoption of TON DeFi**
To promote the institutional adoption of TON, Factorial Finance, Kiln, and Tradoor will jointly host the event “DeFi-nitely: Institutional Adoption of TON DeFi” at Consensus Hong Kong.
This event will feature notable DeFi protocols, institutional finance leaders, and TON Foundation members, who will collectively discuss how TON DeFi can create a more institutional-friendly environment and attract traditional financial institutions.
**Event Highlights**
– **Keynote Speech**: The Future of TON DeFi and Institutional Finance
– **EVM Lessons Learned**: Connecting DeFi and Institutions (Kiln)
– **TON DeFi Institutional Partnerships** (Factorial Finance)
– **Innovations Driving Adoption** (Tradoor)
– **Whiteboard Discussion**: In-depth exploration with institutional and protocol leaders on “What does TON DeFi lack to attract institutional investors?”
**Event Details and Registration Link**: https://lu.ma/k5fcue4v
Whether you are a seasoned DeFi player, institutional investor, or a project exploring the TON ecosystem, this event will provide key insights, networking opportunities, and discussions about the future of institutional-grade DeFi on TON.
With a clear institutional roadmap, improving regulatory environment, and rapid growth in DeFi, TON is quickly emerging as a significant hub for institutional-grade DeFi in 2025. The upcoming Consensus Hong Kong event will be a key moment in this journey, bringing together the TON DeFi community and traditional finance leaders to foster new collaborations, unlock institutional capital, and define the next phase of decentralized finance (DeFi).
**About Factorial Finance**
Factorial Finance is a modular lending protocol based on TON, designed to simplify yield generation through independent lending pools and institutionally managed treasury strategies. The platform’s mission is to drive the mass adoption of DeFi by leveraging Telegram’s global accessibility and simplifying complex user experiences. Factorial provides intuitive tools for retail users and customized advanced features for institutional strategies.
Visit Factorial Finance: Website | Twitter/X | App | Blog
**About Kiln**
Kiln is a leading digital asset rewards management platform that enables businesses to earn returns on their digital assets or integrate earning capabilities into their products. The platform is API-first, offering fully automated validator, rewards, and commission management. Kiln has a strong track record in the TON ecosystem, with over $13 billion in crypto assets staked on its platform (accounting for approximately 7% of the total TON network).
Visit Kiln: Website | Twitter/X
**About Tradoor**
Tradoor is the fastest and most social Swap + Perps + Options DEX on TON, designed for low-cost, fast, self-custodied trading on Telegram. Its standout features include:
– **Price Lock**: Zero slippage trading, instant confirmations, lowest gas fees
– **Liquidity Shield**: Utilizing AI technology to ensure fair pricing and high order execution rates
Tradoor is also the only platform offering DNT options that can profit in low volatility, as well as a SocialFi PvP trading bot that facilitates community-driven trading on TON DEX.
Visit Tradoor: Website | Twitter/X
