TON has raised an eight-figure investment from MEXC Ventures — a subsidiary of MEXC’s global cryptocurrency exchange MEXC.
In conjunction with the funding, MEXC and the TON Foundation have entered into a strategic partnership aiming to promote global Web3 accessibility by lowering the barriers of entry.
As part of the deal, the MEXC crypto exchange will provide marketing services and promotion for TON-based projects listed on its platform. The firm is also set to launch a TON collateral lending service and eliminate trading fees for the TON token.
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