The TON blockchain platform team has attracted an “eight-figure amount” of investment from the venture arm of the MEXC crypto exchange. Partners will work to reduce global barriers to entry into Web3, writes Cointelegraph.
As part of the deal, MEXC will promote popular blockchain-based projects. The firm also intends to launch a lending service in TON and eliminate trading fees for using partner utility tokens.
In addition to ongoing support for TON-based projects, the venture division will continue to fund TON-related projects. dapps like Megaton Finance, TONPlay, Fanzee and Sonet.
Partners are discussing potential financing of a crypto wallet for Telegram.
“The technology should be convenient and simple for anyone, regardless of knowledge about the world of blockchain. With TON in Telegram Web3 becomes as easy as sending text messages,” — said TON Foundation Development Director Justin Hen.
In September, the TON Foundation announced the integration of the TON Space cryptocurrency wallet into Telegram.
Previously, TON developers introduced the function of exchanging encrypted messages.
Let us remind you that in February the team presented a roadmap for 2023.
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