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TechFlow news, August 20: On August 20, 2025, the TON Foundation announced that Maximilian Crown will expand his responsibilities and be promoted to President and CEO. Outgoing President Manuel Stotz will step down and focus on serving as Executive Chairman of Verb Technology Company (soon to be renamed TON Strategy Co.). Crown, co-founder of MoonPay, was appointed CEO earlier this year, and this promotion reflects the board's confidence in his leadership.
On August 20, 2025, the TON Foundation announced that Maximilian Crown will expand his responsibilities and be promoted to President and CEO. Former President Manuel Stotz will step down to focus on his role as Executive Chairman of Verb Technology Company (soon to be renamed TON Strategy Co.). Crown, co-founder of MoonPay, was appointed CEO earlier this year, and this promotion reflects the board's confidence in his leadership.
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