Former TON Foundation executives launch Telegram's built-in crypto investment app Affluent

ChainCatcher news, according to Cointelegraph, former TON Foundation executive Justin Hyun officially launched the Telegram-integrated crypto investment app Affluent on June 16.

The protocol is developed based on the TON blockchain, featuring a simplified yield scheme that combines "traditional finance and DeFi." Users can participate in the automated Strategy Vault with a one-click deposit, and funds will be intelligently allocated to different lending markets to optimize returns.

Affluent co-founder Hyung Lee stated that their solution integrates traditional financial risk control with a modular blockchain architecture. The app includes an expert-managed vault system, with the backend automatically executing asset allocation strategies, while the frontend retains a simple Telegram interaction interface. Currently, the platform has not disclosed specific details of its risk management mechanisms.