STON.fi Funding: Unlocking a New Era for TON DeFi with a Massive $9.5M Investment
Main Idea
STON.fi, a TON blockchain-based AMM protocol, secured $9.5 million in Series A funding led by Ribbit Capital and CoinFund, signaling confidence in its vision and the TON ecosystem's potential.
Key Points
1. STON.fi is a key DeFi protocol on the TON blockchain, enhancing liquidity and facilitating efficient swaps.
2. The $9.5 million funding round was led by Ribbit Capital and CoinFund, highlighting institutional confidence in STON.fi and TON.
3. The funds will be used to develop advanced features like concentrated liquidity pools, native limit orders, and cross-chain swaps.
4. This investment is expected to boost the TON ecosystem by attracting more users, developers, and liquidity.
5. STON.fi aims to compete with established DeFi protocols by offering a more comprehensive and capital-efficient trading environment.
Description
BitcoinWorld STON.fi Funding: Unlocking a New Era for TON DeFi with a Massive $9.5M Investment The world of decentralized finance (DeFi) is constantly evolving, with innovation driving new possibilities for users globally. Amidst this dynamic landscape, a significant development has emerged from the TON blockchain ecosystem: STON.fi funding . This pivotal event sees the TON-based automated market maker (AMM) protocol secure a substantial $9.5 million in a Series A funding round, a move poised to...
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