STON.fi: Decentralized AMM DEX on TON Blockchain Expands Services
STON.fi, headquartered in London, UK, is a decentralized automated market maker exchange (AMM DEX) operating on the TON blockchain. Recently, the company secured an undisclosed amount in funding from CoinFund. The funding will be used to support the growth of the platform and expand financial services for Telegram users through the instant exchange of Toncoin and USD stablecoins for any native token at the most favorable rate.
Under the leadership of CEO Slavik Baranov, STON.
.fi offers a decentralized cross-blockchain platform that enables users to trade their crypto assets across various blockchains without the need for bridging or wrapping. By integrating with Telegram Messenger, which boasts 900 million monthly active users, the platform provides individuals with a solution to manage their digital assets while retaining complete control over their funds.
Slavik Baranov emphasized the importance of decentralized platforms in the cryptocurrency space by stating, "STON.fi is in the process of creating a cross-blockchain decentralized platform that offers a trustworthy and secure environment for trading cryptocurrencies, free from the influence of centralized entities." The company's mission is to provide users with a reliable and efficient way to engage in crypto trading without reliance on traditional financial institutions.
They've invested in STON.fi
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