TonX
Founded 2021 Β· 14 employees on LinkedIn Β· 3 known investors
TONX builds on-chain finance infrastructure for the TON blockchain ecosystem, including liquid staking solutions (KTON), multisig wallets (TonKey), and a blockchain API for institutions and developers. The company operates in the Web3/crypto space with a focus expanding from Asia to the United States.
Also known as TONX Β· TONX Studio Β· TONX.ai
Investors Β· 3
Company profile
researched Aug 2026TONX (also referred to as TONX Studio, domain tonx.ai) is an on-chain finance infrastructure provider and venture studio focused on TON (The Open Network), the blockchain associated with Telegram. Founded in 2021, the company describes itself as the earliest certified partner of the TON Foundation in the Asia-Pacific region, having been involved since TON's testnet stage through the NEWTON team that later became TON Core.
Its product line spans staking and custody. KTON is a Gram staking protocol offered in three configurations: KTON Liquid Staking for retail users who want staking rewards while retaining liquidity for DeFi, KTON Single Nominator for institutions taking long-term positions, and KTON Premium, an institutional product with flexible reward withdrawals and analytics aimed at funds, fund managers, exchanges and digital asset treasuries holding TON vesting contracts. The company states KTON is officially authorized by the TON Foundation as the staking solution for TON vesting contracts. Tonkey is an institutional multi-signature routing wallet for TON. TONX also operates a TONX API for institutions and developers and describes work on a SuperApp platform layer for Telegram users.
Alongside its products, TONX runs ecosystem-building activity, including hackathons and conferences across Asia, and states it has funded early TON ecosystem projects.
Founding story
TONX was founded in 2021 by Dr. Awesome Doge, described as an early TON miner and validator expert and a long-time contributor to the NEWTON team that became TON Core. According to the company, he has been active in Bitcoin research in Asia since 2013, with research spanning Bitcoin, AI and anonymous networks, and since 2021 has served as one of 24 TON Testnet core validators in Asia-Pacific while operating nominator systems.
Business model
TONX provides staking, wallet and API infrastructure for the TON blockchain, serving both retail users and institutional clients such as funds, treasuries, exchanges and holders of TON vesting contracts. It also operates as a venture studio that incubates and funds ecosystem projects.
Traction
The company reports Tonkey assets under management above $999M, TonKey securing over $100M in assets as of 2023, TonStake reaching over $40M AUM in 2022, and a TONX API serving 20+ institutions and 21,000+ users. It reports more than 30 ecosystem events with 600+ projects and 10,000+ participants, including The Open Summit 24' in Taiwan (13,000+ registered attendees) and The Open Art in Singapore (11,000+ registered attendees).
Latest developments
In 2025 TONX upgraded TonStake into KTON with Liquid Staking V2 and began expanding from Asia to the United States; in 2026 it realigned KTON branding with TON's rebrand of its native asset to Gram.
βΈFull profile β market position, technology, go-to-market, geography, history, risks & controversies
Market position
TONX positions itself as the earliest certified TON Foundation partner in Asia-Pacific and as the developer of TON's first multi-signature wallet and first Gram proof-of-stake staking pool.
Differentiators cited by the company include TON Foundation authorization of KTON as the staking solution for TON vesting contracts, origins within the NEWTON/TON Core team, validator operating experience since the TON testnet, and a combined offering of staking, multisig custody and API infrastructure.
Technology
Products include the KTON staking protocol (liquid staking, single nominator and premium institutional tiers) built on validator and nominator operations the company says draw on more than four years of validator experience, the Tonkey multi-signature wallet for TON asset management and routing, a TONX API for blockchain data and integration, and a SuperApp platform layer targeted at Telegram users.
Go-to-market
The company markets through TON ecosystem partnerships, including certified partner status with the TON Foundation, and through developer and community events such as hackathons, hacker houses and summits held across Asia.
Retail TON users seeking staking rewards and DeFi liquidity, and institutional participants including funds, fund managers, exchanges, corporate treasuries and digital asset treasury companies holding TON vesting contracts, as well as developers using the TONX API.
Geography
Based in Asia, with ecosystem events held in Taipei, Hong Kong, Bangkok, Shanghai, Hangzhou, Chengdu, Singapore, Hanoi, Ho Chi Minh City, Bangalore, Tokyo and Seoul, and a stated expansion of TON's reach from Asia to the United States.
History
The company states it joined the NEWTON team (now TON Core) in 2021. In 2022 it launched TonStake, described as the first Gram proof-of-stake staking pool, reaching over $40M in assets under management, and began collaborating with the TON Foundation. In 2023 it launched TonKey, described as the first multi-signature wallet on TON, and co-hosted Hack-a-TONx, the TON Foundation's first global hackathon across 14 cities. In 2024 it launched the TONX API. In 2025 TonStake was upgraded into KTON with Liquid Staking V2, positioned as the recognized vested Gram staking solution, alongside expansion from Asia to the United States. In 2026 KTON's branding was aligned with TON's rebrand of its native asset to Gram.
Risks & controversies
The company notes that it shares a name with TON Strategy (Nasdaq: TONX, formerly Verb Technology), a separate U.S.-listed entity, and states that TONX itself is not publicly traded.
Compiled by commissioned research from 6 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Timeline Β· 8
launches, deals, and filingsTONX updated KTON's branding to match TON's rebrand of its native asset to Gram.
TONX began expanding TON's reach from Asia to the United States.
TonStake was upgraded into KTON, introducing Liquid Staking V2, positioned as the recognized vested Gram staking solution by Telegram, the TON Foundation and TON Core.
The TONX API launched and grew to serve 20+ institutions and 21,000+ users globally.
TONX co-hosted the TON Foundation's first global hackathon, spanning 14 cities worldwide.
TonKey, described as the first multi-signature wallet on TON, launched and later secured over $100M in assets.
TONX launched TonStake, described as the first Gram proof-of-stake staking pool, which reached over $40M in assets under management.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
βΈResearch sources Β· 6
primary sources listed
- TonXtonx.ai Β· web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does TonX do?
- TONX is a TON-ecosystem infrastructure provider offering Gram staking (KTON), the Tonkey multisig wallet and a blockchain API.
- Who are TonX's investors?
- TonX's investors include AppWorks Ventures, Assembly Partners, MEXC Ventures.