PANews reported on December 12 that according to Beincrypto, the TON Foundation has been officially registered under the decentralized ledger technology (DLT) foundation regulatory framework of the Abu Dhabi Global Market (ADGM) in the United Arab Emirates. The framework provides a structured legal basis for decentralized organizations, enabling them to operate and govern more smoothly.

The TON Foundation aims to accelerate the adoption of the TON blockchain, with a strategic focus on the Middle East, North Africa, and Asia Pacific. It has set a bold goal of reaching 500 million users by 2028. To achieve this goal, the TON Foundation plans to prioritize the advancement of blockchain technology, enhance scalability and usability, and cultivate a developer ecosystem.