TAC (TON Application Chain), an EVM layer-2 network, has successfully raised $6.5 million in a seed round co-led by Hack VC and Symbolic Capital. Additional participation came from notable investors such as Primitive, Paper Ventures, and Animoca Ventures. The funds will be allocated to enhance marketing and developer relations, as well as to advance technology efforts connecting EVM dApps across DeFi, GameFi, and SocialFi sectors.

TAC aims to simplify the development of Ethereum-compatible applications on the TON network, leveraging Telegram's vast user base. The project plans to launch its testnet this week, with the mainnet expected in Q1 2025.