MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange, has announced a significant investment in The Open Network (TON) – the largest layer-one investment the firm has ever made. This investment works alongside a strategic partnership with The Open Network (TON) Foundation, a non-profit organization founded in Switzerland in 2023.The Open Network (TON) is putting crypto in every pocket by building a Web 3.0 ecosystem in Telegram Messenger, giving billions of people the opportunity to own their digital identity, data and assets. MEXC Ventures’ investment is just one part of MEXC’s broader efforts to bolster the growth of TON’s ecosystem.MEXC Ventures’ investment support of TON-based projects, such as Megaton Finance, TONPlay, Fanzee and Sonet, is already well underway, and the venture firm plans to continue funding TON-based mini apps and projects. MEXC’s exchange will also provide marketing services and promotion for the TON-based projects they list on their platform.TON Foundation acts as a bridge, connecting nearly 800 million monthly active Telegram users to Web 3.0 and true asset ownership. The team is dedicated to transforming TON into an accessible platform as a simple gateway to Web 3.0, enabling more users to acquire cryptocurrency assets swiftly and conveniently.MEXC Ventures’ investment – the highest amount it has committed to any layer-one blockchain – is just one part of MEXC’s broader efforts to bolster the growth of TON’s ecosystem. MEXC Ventures’ investment support of TON-based projects, such as Megaton Finance, TONPlay, Fanzee and Sonet, is already well underway, and the venture firm plans to continue funding TON-based mini apps and projects. MEXC’s exchange will also provide marketing services and promotion for the TON-based projects they list on their platform. To further empower a commitment to The Open Network, MEXC exchange will also introduce zero-percent trading fees for Toncoin and plan to provide a TON collateral lending service in the near future.TON Foundation acts as a bridge, connecting nearly 800 million monthly active Telegram users to Web 3.0 and true asset ownership. The team is dedicated to transforming TON into an accessible platform as a simple gateway to Web 3.0, enabling more users to acquire cryptocurrency assets swiftly and conveniently. MEXC Ventures’ investment and strategic partnership with TON Foundation will bring global access to the decentralized Web 3.0 ecosystem in Telegram, creating new tools and services for developers and applications that make crypto feel indistinguishable from social media for users. TON’s native cryptocurrency, Toncoin, is used for executing smart contracts, utilizing DApps (decentralized applications) and participating in governance on TON blockchain.MEXC is a centralized cryptocurrency exchange that employs high-performance matching technology and has consistently maintained a leading position in the field of futures trading in the cryptocurrency industry. With the lowest trading fees in the market, a professional team providing industry-leading service responses around the clock and a seamless trading experience, MEXC is highly regarded by users in the industry, boasting over 10 million users in over 170 countries worldwide. Since its inception, MEXC has always adhered to the value of ‘users first.’ Customer satisfaction has always been the guiding criterion. MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange, has announced a significant investment in The Open Network (TON) – the largest layer-one investment the firm has ever made. This investment works alongside a strategic partnership with The Open Network (TON) Foundation, a non-profit organization founded in Switzerland in 2023. The Open Network (TON) is putting crypto in every pocket by building a Web 3.0 ecosystem in Telegram Messenger, giving billions of people the opportunity to own their digital identity, data and assets. MEXC Ventures’ investment is just one part of MEXC’s broader efforts to bolster the growth of TON’s ecosystem. MEXC Ventures’ investment support of TON-based projects, such as Megaton Finance, TONPlay, Fanzee and Sonet, is already well underway, and the venture firm plans to continue funding TON-based mini apps and projects. MEXC’s exchange will also provide marketing services and promotion for the TON-based projects they list on their platform. MEXC Ventures has announced a significant investment in The Open Network (TON) – the largest layer-one investment the firm has ever made. This investment works alongside a strategic partnership with The Open Network (TON) Foundation, a non-profit organization founded in Switzerland in 2023. The Open Network (TON) is putting crypto in every pocket by building a Web 3.0 ecosystem in Telegram Messenger, giving billions of people the opportunity to own their digital identity, data and assets. MEXC Ventures’ investment is just one part of MEXC’s broader efforts to bolster the growth of TON’s ecosystem. TON Foundation acts as a bridge, connecting nearly 800 million monthly active Telegram users to Web 3.0 and true asset ownership. The team is dedicated to transforming TON into an accessible platform as a simple gateway to Web 3.0, enabling more users to acquire cryptocurrency assets swiftly and conveniently. MEXC Ventures’ investment and strategic partnership with TON Foundation will bring global access to the decentralized Web 3.0 ecosystem in Telegram, creating new tools and services for developers and applications that make crypto feel indistinguishable from social media for users. MEXC’s exchange will also provide marketing services and promotion for the TON-based projects they list on their platform. MEXC is a centralized cryptocurrency exchange that employs high-performance matching technology and has consistently maintained a leading position in the field of futures trading in the cryptocurrency industry. With the lowest trading fees in the market, a professional team providing industry-leading service responses around the clock and a seamless trading experience, MEXC is highly regarded by users in the industry, boasting over 10 million users in over 170 countries worldwide. Since its inception, MEXC has always adhered to the value of ‘users first.’ Customer satisfaction has always been the guiding criterion. MEXC Ventures has announced a significant investment in The Open Network (TON) – the largest layer-one investment the firm has ever made. This investment works alongside a strategic partnership with The Open Network (TON) Foundation, a non-profit organization founded in Switzerland in 2023. The Open Network (TON) is putting crypto in every pocket by building a Web 3.0 ecosystem in Telegram Messenger, giving billions of people the opportunity to own their digital identity, data and assets. MEXC Ventures’ investment is just one part of MEXC’s broader efforts to bolster the growth of TON’s ecosystem. TON Foundation acts as a bridge, connecting nearly 800 million monthly active Telegram users to Web 3.0 and true asset ownership. The team is dedicated to transforming TON into an accessible platform as a simple gateway to Web 3.0, enabling more users to acquire cryptocurrency assets swiftly and conveniently. MEXC Ventures’ investment and strategic partnership with TON Foundation will bring global access to the decentralized Web 3.0 ecosystem in Telegram, creating new tools and services for developers and applications that make crypto feel indistinguishable from social media for users. MEXC’s exchange will also provide marketing services and promotion for the TON-based projects they list on their platform. To further empower a commitment to The Open Network, MEXC exchange will also introduce zero-percent trading fees for Toncoin and plan to provide a TON collateral lending service in the near future.
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Information |
Details |
Geography |
Europe |
Countries |
🇸🇬 🇭🇰 🇨🇭 🇺🇸 |
Sentiment |
positive |
Relevance Score |
8 |
People |
Justin Hyun, Steve Yun |
Companies |
MEXC Ventures, The Open Network, The Open Network Foundation, MEXC, TON Foundation |
Currencies |
Toncoin, US Dollar, Ethereum, Bitcoin, NFT Stars |
Securities |
None |