MEXC Ventures announced today that it has raised a significant investment in the TON Project, leading to a strategic partnership between MEXC and the TON Foundation. This partnership aims to make Web3 globally accessible by removing barriers to a wide audience.
As part of the deal, MEXC will provide marketing support and promote TON-based projects on its platform. It also plans to launch a TON collateral lending service and eliminate commissions for trading the TON token.
MEXC Ventures will also continue to fund TON-based mini-apps, complementing support for projects such as Megaton Finance, TONPlay, Fanzee and Sonet. The company is also looking at funding a cryptocurrency wallet on Telegram.
Justin Hen said, "With the support of MEXC Ventures, TON Foundation aims to expand the use of the Web3 ecosystem in the Telegram messenger. Our goal is to make blockchain technology accessible and easy for everyone, regardless of their knowledge of it. With TON in Telegram, using cryptocurrency becomes as easy as sending an SMS."
This trend with its focus on TWAs (mini-apps) is sure to attract many developers to Telegram and the TON ecosystem. However, the main point is that there are simply no easier ways to enter the world of cryptocurrency. And here, in a messenger with lots of content and monetisation opportunities, easy access to crypto becomes a reality!