Toncash, a Hong Kong-based provider of a Telegram-native crypto cashback and rewards platform, received a strategic investment from TON Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds to accelerate its mission to onboard millions of users and become the Web3 standard for shopping and on-chain rewards.
Led by CEO Ben Usinger, Toncash allows users to enjoy deals from over 200 brands, including Apple, Adidas, Binance, or Trip.com, offering up to 80% cashback, redeemable in Bitcoin, USDT, or TON tokens.
Beyond cashback, the mini app provides perks such as airdrops and engagement rewards, all while operating on any phone with Telegram installed.
FinSMEs
07/01/2025