KuCoin Ventures, the investment arm of the cryptocurrency exchange KuCoin, announced that it has established a strategic partnership with the TON Foundation.
According to the official press release, this collaboration aims to support the growth and expansion of the TON ecosystem, a non-profit organization dedicated to developing and promoting the TON ecosystem.
As part of the partnership, KuCoin Ventures will provide a significant grant to support five TON-based mini-applications focused on payments or GameFi.
The grant will also support various ongoing initiatives within the TON ecosystem, such as Future3 Campus and TON Bootcamp.
Ian W., President of TON Foundation Accelerator, expressed his excitement about the partnership. The Chairman believes that KuCoin Ventures’ support will fuel real-world blockchain solutions in payments and gaming within the TON ecosystem. He also stated that this partnership is in line with TON’s vision of a more accessible and decentralized digital future for everyone.
KuCoin General Manager Alicia Kao also shared her excitement about the partnership. He expressed that KuCoin is committed to contributing to the success of the TON blockchain, which they believe has tremendous potential to revolutionize the blockchain industry.
*This is not investment advice.
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
Source: https://en.bitcoinsistemi.com/cryptocurrency-exchange-kucoin-announces-investment-in-surprise-altcoin-ecosystem/