TON Foundation proudly announces a pivotal leadership transition as Manuel “Manny” Stotz, a highly accomplished investor and advocate for blockchain technology, assumes the role of President. This marks an exciting new chapter in the foundation’s journey to accelerate global blockchain adoption, with a strategic focus on expanding operations in the United States.

Manny succeeds Steve Yun, who has played a critical role in shaping the foundation’s vision and achievements during his tenure as President. Steve will continue to contribute his expertise as a valued member of the Board, ensuring continuity and supporting the foundation’s ambitious mission.

“Steve Yun’s leadership has been instrumental in guiding TON Foundation to the level of unprecedented growth TON community has achieved today,” said Manuel, Incoming President of TON Foundation. “The entire TON Community is deeply grateful for his contributions and look forward to continuing to benefit from his wisdom and experience as we embark on this new phase.”

Introducing Manuel Stotz: a visionary leader for TON’s next chapter

Manny Stotz brings a wealth of experience to TON Foundation, having served on its Board since its official inception in Switzerland. He is the Founder of Kingsway Capital, a London-based investment firm managing several billion USD on behalf of US institutional investors, focusing on frontier and emerging markets.

Through Kingsway, Manny has championed financial inclusion in regions home to over three billion people, many of whom are unbanked or underbanked and exposed to volatile fiat currencies. Recognizing the transformative potential of blockchain technology, Kingsway has backed over 50 blockchain sector leaders, including Animoca Brands, Blockchain.com, CoinDCX, and TON coin. Manny’s deep understanding of blockchain’s role in economic empowerment and investment history has created a network of global investors, institutions, and successful entrepreneurs, uniquely positioning him to expand TON’s adoption in the US market.

“Manny’s extraordinary track record in investment and passion for leveraging blockchain to empower communities make him the ideal leader for this next chapter,” said Steve Yun, outgoing President of TON Foundation. “His vision, commitment, and extensive global network align perfectly with the foundation’s renewed focus on strategic expansions into the US market.”

“I am honored to step into this role and build on the incredible foundation established by Steve and the entire team,” said Manny Stotz. “TON is uniquely positioned to lead the blockchain revolution. I look forward to working with our partners and stakeholders to accelerate this mission—especially in the dynamic and innovative US market.”

Continuity and momentum

As TON Foundation embraces this leadership transition, the organization remains steadfast in its commitment to its mission and values. With Steve Yun’s ongoing guidance as a member of the Board and Manny Stotz’s visionary leadership, the foundation is poised for a future defined by growth, collaboration, and innovation.

The coming months promise significant steps forward for TON in the US, further solidifying its position as a leading player in the global blockchain ecosystem.