Broxus, a key contributor to The Open Network (TON) ecosystem, has unveiled TON Factory, a new development platform aimed at accelerating the creation and scaling of high-performance applications such as decentralized exchanges (DEXs) and blockchain-based games. In a Telegram post dated April 30, the Broxus team said that TON Factory is designed to empower developers with modular components, integration tools, and dedicated support to build and scale their projects more efficiently. “For OGs already building on TON, TON Factory helps you scale further,” the announcement noted. The initiative is supported by a team of more than 150 engineers, all with experience delivering production-ready infrastructure within the TON ecosystem. A Broxus spokesperson said TON Factory is especially geared toward developers building layer-2 solutions and app chains using the TON Virtual Machine (TVM), ensuring seamless connectivity with the broader TON network. “Any TON DApp looking to enhance performance while staying closely integrated with the TON blockchain can benefit from this platform,” the representative said. Broxus powers TON Factory with its proprietary tech The underlying architecture uses Broxus’ Tycho protocol, which integrates the TVM with a Directed Acyclic Graph (DAG) consensus mechanism. This hybrid design is intended to achieve near-instant finality and high throughput, reportedly handling up to 35,000 transactions per second (TPS), a benchmark that could position TON Factory as a serious competitor to other layer-1 and layer-2 scaling solutions. According to the firm, TON Factory also supports custom TVM chain deployments and offers tailored scaling solutions, helping ambitious teams drive the ecosystem forward. Broxus is a long-standing developer in the TON space, known for creating vital DeFi tools such as FlatQube (a decentralized exchange), Octus Bridge (a cross-chain bridge), and Ever Wallet. Venture giants pour $400M into TON as ecosystem matures beyond messaging Interest in the TON blockchain continues to grow. In March 2025, the TON Foundation announced over $400 million in venture capital investments into the ecosystem. Prominent investors included Sequoia Capital, Ribbit, Benchmark, Draper Associates, Kingsway, Vy Capital, Libertus Capital, CoinFund, SkyBridge, Hypersphere, and Karatage, all of whom purchased Toncoin as part of the investment round. At the time of writing, Toncoin (TON)—the native token of The Open Network—is trading at $3.22, down about 1% over the past 24 hours, according to data from CoinMarketCap. TON, originally developed by Telegram’s founders, now operates as an independent decentralized network. It supports the creation of mini apps and other blockchain-based services integrated within the Telegram ecosystem. TON blockchain serves as the sole blockchain infrastructure in Telegram’s ecosystem Before the launch of TON Factory, Telegram had made an announcement that as part of an exclusivity agreement, TON would serve as the messaging app’s ecosystem’s only blockchain infrastructure. Based on the statement, Telegram committed to making TON the only blockchain technology provider for Telegram. A separate statement on TON’s blog said that Telegram users would become the primary beneficiaries of that standardization, as it would provide them with a predictable, stable experience and strengthened protection against fraud. Additionally, the new agreement mandated that all games and Telegram mini apps that included cryptocurrency features migrate to the TON blockchain. “TON will now be the only blockchain infrastructure used by all Telegram mini-apps,” TON said on X. In addition, as they marked their beginning, it was recommended that all mini-apps that did not use TON migrate by February 21, 2025. Furthermore, TON Connect had become the sole wallet integration protocol for all Telegram mini apps, excluding bridging scenarios, according to TON Foundation president Manuel Stotz. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
