TON Foundation Appoints New CEO from MoonPay

According to PANews, the TON Foundation, which is associated with the Telegram-linked TON blockchain, has announced the appointment of Maximilian Crown as its new Chief Executive Officer. Crown, who co-founded the cryptocurrency payment infrastructure company MoonPay, previously served as its Chief Financial Officer and Chief Operating Officer. He brings extensive connections in the banking industry, payment companies, and regulatory bodies to his new role. Despite his new position, Crown will retain his seat on MoonPay's board of directors.