On Jan. 14, 2025, at 13:54 UTC, the TON Foundation posted on X, “TON Foundation welcomes @ManuelStotz as its new President, focusing on expanding operations in the US.” Stotz, a foundation board member and the founder of the investment firm Kingsway Capital Partners, replaced Steve Yun , who stayed on the board. By January 21, seven days later. A year later, on January 14, 2026.
· The TON Foundation names Manuel Stotz president, succeeding Steve Yun
Manuel Stotz Replaces Steve Yun as TON Foundation President
The TON Foundation named Kingsway Capital founder Manuel Stotz its president on Jan. 14, 2025.

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People in this piece
- Ilya Abugov
- Manuel StotzTON Foundation, President
- Maximilian CrownTON Foundation, Chief Executive Officer
- Steve YunTON Foundation, President
Projects
TON Foundation · TON · Telegram · Kingsway Capital Partners · Helika Ventures · Verb Technology · MoonPay · Bybit · Hamster Kombat