TON Foundation Appoints Manuel Stotz as New President to Drive US Expansion

The TON Foundation is excited to announce the appointment of Manuel “Manny” Stotz as its new President, signaling a pivotal shift in leadership aimed at accelerating the global adoption of blockchain technology. With a strategic focus on expanding operations in the United States, this leadership transition marks a crucial milestone in the foundation’s ongoing mission to empower communities through blockchain innovation.

Manny succeeds Steve Yun, who has been instrumental in shaping the foundation’s vision and steering its remarkable growth since its inception. While Steve will step down as President, he will remain an integral part of the TON Foundation as a valued member of the Board, continuing to offer his expertise and guidance to the organization.

A Visionary Leader to Propel TON’s US Expansion

Manny Stotz brings a wealth of experience and insight to his new role. As the Founder of Kingsway Capital, a London-based investment firm managing billions of dollars on behalf of US institutional investors, Manny has long been a champion of financial inclusion, particularly in frontier and emerging markets. Under his leadership, Kingsway has invested in over 50 blockchain industry leaders, including prominent companies like Animoca Brands, Blockchain.com, CoinDCX, and TON coin itself.

With a proven track record in blockchain investment, Manny’s strategic vision and deep understanding of how blockchain can drive economic empowerment position him uniquely to lead TON Foundation into the next phase of its growth, particularly in the United States. His extensive global network of investors, institutions, and successful entrepreneurs will be instrumental in broadening TON’s impact and adoption in the US market.

"I am truly honored to step into this new role and build on the strong foundation that Steve and the entire team have established," said Manny Stotz. "TON is poised to lead the blockchain revolution, and I’m excited to work with our partners and stakeholders to accelerate this mission, especially in the innovative and dynamic US market."

A Grateful Transition

Steve Yun, the outgoing President, has left an indelible mark on the foundation. Under his leadership, the TON community has experienced unprecedented growth, establishing a strong foundation for the future. While transitioning out of the President role, Steve’s ongoing contributions as a member of the Board ensure continuity and stability for the foundation during this important period.

“Steve Yun’s leadership has been pivotal in the growth and success we’ve seen within the TON community,” said Manny. “We are deeply grateful for his tireless efforts, and we look forward to continuing to benefit from his wisdom and experience as we move into this exciting next phase of our journey.”

Strengthening Momentum and Building the Future

With the leadership transition now in place, the TON Foundation is more committed than ever to its mission of accelerating blockchain adoption worldwide. The strategic shift to focus on the US market represents an important step in the foundation’s efforts to expand its influence and drive further innovation within the blockchain ecosystem.

The foundation remains focused on the values of collaboration, innovation, and financial empowerment. The coming months are expected to bring significant developments in TON’s US operations, helping to solidify its position as a key player in the global blockchain space.

As TON continues to evolve under the guidance of Manny Stotz, the foundation is well-positioned for a future defined by growth, collaboration, and cutting-edge advancements in blockchain technology. With a visionary leader at the helm and a strong commitment to expanding its global presence, the TON Foundation is primed for success in the rapidly evolving blockchain landscape.