London, United Kingdom--(Newsfile Corp. - September 5, 2022) - The TON Foundation and Huobi announced an expanded collaboration that will include the listing of The Open Network's native cryptocurrency, Toncoin, and joint events.
Previously, the first TON ecosystem fund managed to raise $250 million and was formed with the participation of Huobi Incubator, also part of the Huobi Group.
Lily Zhang, Chief Financial Officer of Huobi Global, said, "By leveraging its user-friendly mass-market products, TON has the potential to become one of the most promising layer-1 blockchains that could bring hundreds of millions of Web 2.0 users to the crypto world. With the integration of TON mainnet, Huobi is well-equipped to support promising projects built in the TON ecosystem."
Toncoin will be listed on Sept. 7, 2022, and will be available in the TON/USDT pair for spot trading. According to a joint statement from TON and Huobi, a marketing campaign with a budget of 1 million tokens will be launched simultaneously with the listing of Toncoin. It will include marketing events, a contest for traders, airdrop, and staking up to 300% APY.
Steve Yun, a founding member of the TON Foundation, said, "We are excited that Huobi Global now supports TON mainnet. We look forward to actively supporting the TON ecosystem together."
The strategic partnership between Huobi Group and the TON Foundation is not limited to listings - it is aimed at expanding opportunities in the Web3 area: supporting...
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