The TON Foundation is collaborating with Telegram to develop a new investment application targeting high-net-worth individuals. The app, named “Affluent,” aims to provide users with exclusive access to investment opportunities within the Web3 and traditional finance sectors.

Built on The Open Network (TON), Affluent is designed to seamlessly integrate digital asset management with traditional investment tools. The app promises curated deals, portfolio management, and blockchain-based transparency, with a focus on catering to elite investors.

The partnership leverages Telegram’s extensive user base and TON’s blockchain infrastructure to position Affluent as a unique entry point for the wealthy into the digital investment world. The initiative reflects growing interest in merging conventional finance with decentralized technology.

The TON Foundation emphasized that the app will serve as a bridge between high-net-worth individuals and next-generation financial instruments. The launch is expected later this year, with early access rolling out to selected users in key global markets.

El Salvador has added 240 Bitcoin to its national reserves, reinforcing its pro-Bitcoin stance just before finalizing a major financial deal with the International Monetary Fund (IMF). The purchase, announced by President Nayib Bukele, brings the country’s total holdings to over 5,700 BTC.

The timing of the acquisition is notable, as El Salvador is in the final stages of securing a $1.4 billion agreement with the IMF. Despite criticism from traditional financial institutions, the government continues to treat Bitcoin as a long-term strategic asset.

President Bukele reaffirmed his administration’s commitment to Bitcoin as part of the nation’s broader economic vision, which includes promoting financial inclusion and digital innovation. The purchase was carried out via state-managed channels, in line with previous acquisitions.

El Salvador’s Bitcoin strategy remains closely watched by both the crypto industry and global financial bodies. As the first country to adopt Bitcoin as legal tender, its continued accumulation signals confidence in the digital currency despite global market volatility and ongoing international scrutiny.

Tether has frozen $12.5 million worth of USDT on the Tron blockchain in a move aimed at preventing suspicious activity tied to potential security threats. The company confirmed the action was taken in coordination with law enforcement agencies.

While Tether did not disclose the specific reasons behind the freeze, blockchain data reveals that the affected wallets received funds shortly before the freeze occurred. The company’s swift response underscores its ongoing efforts to enhance compliance and protect the stablecoin ecosystem.

This is not the first time Tether has intervened to freeze funds. The firm regularly works with global authorities to block illicit transactions and maintain the integrity of USDT, which is widely used across centralized and decentralized platforms.

The latest freeze adds to a growing list of proactive enforcement actions by stablecoin issuers as regulators increase scrutiny over digital assets. As USDT continues to dominate the stablecoin market, Tether’s ability to act quickly is viewed as a critical tool for risk management.