MEXC Ventures Makes Monumental Eight-Figure Investment in Toncoin
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MEXC Ventures, a cryptocurrency exchange subsidiary, announced its largest layer-1 investment. Eight figures are invested in Toncoin. TON Foundation’s strategic partnership boosts big investment, boosts Web3 adoption worldwide, and simplifies it. The final objective is widespread Web3 availability.
TON Foundation Empowers Telegram’s 800 Million Users with Web3 Autonomy
MEXC Ventures funds TON Ecosystem businesses. These include Megaton Finance, TONPlay, Fanzee, and Sonet. TON activity on MEXC’s exchange will receive financial support and critical marketing services. Additionally, the exchange promises 0% Toncoin trading fees. Preparations are underway for TON collateral lending.
TON Foundation connects Telegram’s 800 million active users to the Web3 ecosystem, offering them unparalleled autonomy over their digital identities, data, and assets. MEXC Ventures expects to assist the TON Foundation in creating crypto tools and apps as simple as texting.
MEXC Ventures invested tens of millions in Telegram’s Open Network (TON). Global cryptocurrency exchange MEXC has a venture arm. MEXC and the TON Foundation formed a strategic collaboration after the October 4 investment. The collaboration intends to reduce worldwide Web3 accessibility hurdles.
MEXC’s cryptocurrency exchange will promote TON-based projects mentioned under the agreement. The exchange will eliminate TON token trading fees, making it cheaper for customers.
MEXC Ventures Continues to Invest in TON Ecosystem
MEXC Ventures will fund Telegram Open Network (TON) projects like Megaton Finance, TONPlay, Fanzee, and Sonet. MEXC Ventures-backed TON Foundation wants to incorporate Web3 into Telegram IM to boost usage. Web3 technology must be accessible and usable by everyone, regardless of blockchain experience, according to TON Foundation Director of Growth Justin Hyun. Telegram’s TON integration makes cryptocurrency textable.
Telegram inventor Pavel Durov emphasized the TON blockchain in its Web3 transition. In mid-September, Telegram unveiled the mini-app TON Wallet, which lets users access Toncoin (TON), Bitcoin, and Tether from the app’s UI. The open-source community built TON technology, and TON Wallet is third-party software, Durov said. Telegram stopped developing TON in 2020 after a lawsuit with US securities regulators.
In 2018, Seychelles-based centralized cryptocurrency exchange MEXC formed MEXC Ventures, which invests in TON. MEXC claims licenses in Australia, Estonia, the US, and 200 other countries as customers; however, cryptocurrency aficionados have complained about their experiences. These individuals advise users to avoid KYC-free sites.
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Coins
$ 67.58K
-0.93%
$ 0.99982
+0.01%
$ 0.00...361
$ 0.0028
$ 0.0005
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In This News
Coins
$ 67.58K
-0.93%$ 0.99982
+0.01%$ 0.00...361
$ 0.0028
$ 0.0005
Share:
Read More
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MEXC Ventures Makes Monumental Eight-Figure Investment in Toncoin
Share:
MEXC Ventures, a cryptocurrency exchange subsidiary, announced its largest layer-1 investment. Eight figures are invested in Toncoin. TON Foundation’s strategic partnership boosts big investment, boosts Web3 adoption worldwide, and simplifies it. The final objective is widespread Web3 availability.
TON Foundation Empowers Telegram’s 800 Million Users with Web3 Autonomy
MEXC Ventures funds TON Ecosystem businesses. These include Megaton Finance, TONPlay, Fanzee, and Sonet. TON activity on MEXC’s exchange will receive financial support and critical marketing services. Additionally, the exchange promises 0% Toncoin trading fees. Preparations are underway for TON collateral lending.
TON Foundation connects Telegram’s 800 million active users to the Web3 ecosystem, offering them unparalleled autonomy over their digital identities, data, and assets. MEXC Ventures expects to assist the TON Foundation in creating crypto tools and apps as simple as texting.
MEXC Ventures invested tens of millions in Telegram’s Open Network (TON). Global cryptocurrency exchange MEXC has a venture arm. MEXC and the TON Foundation formed a strategic collaboration after the October 4 investment. The collaboration intends to reduce worldwide Web3 accessibility hurdles.
MEXC’s cryptocurrency exchange will promote TON-based projects mentioned under the agreement. The exchange will eliminate TON token trading fees, making it cheaper for customers.
MEXC Ventures Continues to Invest in TON Ecosystem
MEXC Ventures will fund Telegram Open Network (TON) projects like Megaton Finance, TONPlay, Fanzee, and Sonet. MEXC Ventures-backed TON Foundation wants to incorporate Web3 into Telegram IM to boost usage. Web3 technology must be accessible and usable by everyone, regardless of blockchain experience, according to TON Foundation Director of Growth Justin Hyun. Telegram’s TON integration makes cryptocurrency textable.
Telegram inventor Pavel Durov emphasized the TON blockchain in its Web3 transition. In mid-September, Telegram unveiled the mini-app TON Wallet, which lets users access Toncoin (TON), Bitcoin, and Tether from the app’s UI. The open-source community built TON technology, and TON Wallet is third-party software, Durov said. Telegram stopped developing TON in 2020 after a lawsuit with US securities regulators.
In 2018, Seychelles-based centralized cryptocurrency exchange MEXC formed MEXC Ventures, which invests in TON. MEXC claims licenses in Australia, Estonia, the US, and 200 other countries as customers; however, cryptocurrency aficionados have complained about their experiences. These individuals advise users to avoid KYC-free sites.
In This News
Coins
$ 67.58K
-0.93%$ 0.99982
+0.01%$ 0.00...361
$ 0.0028
$ 0.0005
Share:
In This News
Coins
$ 67.58K
-0.93%$ 0.99982
+0.01%$ 0.00...361
$ 0.0028
$ 0.0005
Share:
Read More
Ethereum's Vitalik Buterin proposes AI 'stewards' to help reinvent DAO governance