Crypto.com Custody Adds Institutional Support for Toncoin (TON) Amid Growing Demand
2025-07-08 13:06:24
Main Idea
The TON Foundation has partnered with Crypto.com to provide professional-grade custody solutions for its blockchain ecosystem, enhancing support for various applications including DeFi and games.
Key Points
1. The TON Foundation collaborates with Crypto.com to offer secure custody solutions for its blockchain ecosystem.
2. The partnership includes support for fungible tokens (FTs) and USDT within the TON ecosystem.
3. TON is a smart contract network focused on financial applications.
4. Crypto.com's COO expressed pride in being selected to support TON's custody needs and provide seamless access to TON for clients.
5. TON coin is currently ranked 24th by market capitalization, with a value exceeding $6.8 billion.
Description
Following its Champions Grants earlier in May, the TON Foundation is at the center of a collaboration with Crypto.com. The TON Foundation With a New Business Partner The Open Network (TON) Foundation, previously bearing Telegram’s name, continues its expansion efforts by partnering with Crypto.com, gaining access to professional-grade custody solutions for its blockchain. This will allow customers to stake TON coins and receive rewards whilst being backed by secure capital storage. The collabora...
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