TON launches UAE Golden Visa program requiring just $100,000 in staked TON, cutting the usual entry cost by 80%.
Update (July 6, 12 pm UTC): This article has been updated to include comments from Sigil Fund partner Joe HedgeHog.
The Open Network (TON), the blockchain platform spun out of Telegram, has unveiled a new pathway to UAE residency, offering 10-year Golden Visas to applicants who stake $100,000 worth of Toncoin (TON) for three years and pay a one-time $35,000 processing fee.
“Secure your Golden Visa in under 7 weeks from document submission to the Visa Office,” TON announced Saturday, detailing that its UAE-based partners will manage the visa processing and residency status confirmation.
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