OKX Enlists TON as Its 100th Mainnet Blockchain Integration

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As a seasoned crypto investor with years of experience in this dynamic industry, I’ve witnessed countless integrations and collaborations that have shaped the crypto landscape. The latest announcement of OKX exchange integrating with The Open Network (TON) is an exciting development for me, considering the growing popularity and potential of the TON ecosystem.

The OKX platform has achieved its 100th integration with The Open Network (TON), as declared on Wednesday. Specifically, their wallet service now caters to the TON ecosystem. Previously, OKX had supported various other protocols such as NEAR, Blast, zkLink Nova, and more.

OKX Supports 10K DApps

According to various sources, the OKX wallet hosts over 10,000 Decentralized Applications (DApps). It caters to more than 300,000 different tokens, and aggregates information from approximately 400 Decentalized Exchanges (DEXs). In a recent press statement, OKX’s Chief Marketing Officer Haider Rafique highlighted how connecting the wallet to popular and emerging blockchains simplifies users’ experience as they navigate the expanding crypto landscape.

As a prominent player in the digital asset industry, OKX exchange has achieved numerous victories and reached significant milestones. In the past month, the exchange handled a staggering $63.31 billion in trading volume on its platform. This success came after OKX extended its reach to the Netherlands, launching a local digital asset trading platform and wallet services for Dutch users.

Just like OKX, they introduced X Layer, their Ethereum-based zero-knowledge Layer 2 network in April. This initiative is geared towards bringing their massive user base of 50 million people on-chain. Additionally, OKX made headlines by launching its crypto trading platform for both spot and derivatives markets Down Under. Australian customers can now easily transact with the Australian Dollar (AUD) using most local banks.

TON Ecosystem Celebrates Multiple Alliances

Alternatively, the TON blockchain has rapidly expanded into one of the most thriving Web 3.0 environments. This success can be credited to a large user base on Telegram and the widespread appeal of TON-integrated tap-to-earn games. As reported by DeFiLlama, the TON ecosystem holds over $773 million in Total Value Locked (TVL).

The collaboration with OKX is just one of many partnerships that Bing Ventures has mentioned before. This leading venture capital firm, which specializes in investing in early-stage Web 3.0 and crypto projects as well as talented fund managers, recently pledged extensive backing for the TON ecosystem. This assistance encompasses various aspects and resources, such as financial investment, sharing of resources, advisory services, and much more.

In the arrangement, the venture capitalist committed to financing innovative groups and initiatives that utilize TON‘s distinct advantages to merge the spheres of Web 2.0 and Web 3.0. A key role involves assisting in fundraising for such projects, including introducing them to prospective investors, stemming from TON’s acceleration programs.

As a crypto investor associated with Bing Ventures, I’m committed to providing valuable contributions to the TON accelerator program. With our team’s renowned strength in research and data analysis, we’re duty-bound to offer mentorships, training sessions, and project advisories based on solid research findings.

As a crypto investor, I’m excited to share that the TON ecosystem recently formed a partnership with HashKey Global. This collaboration resulted in the listing of Toncoin, providing an opportunity for users to connect with the TON ecosystem and earn incentives while actively trading cryptocurrencies. Given its impressive presence, we can anticipate more collaborations for the TON ecosystem in the future.

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2024-07-17 14:24