cryptonews.net
The non-profit organization TON Foundation and the HashKey Group company announced a strategic partnership. As part of the partnership, it is planned to improve the availability of cryptocurrency services for the Asian crypto community. It is expected that during the partnership, TON and HashKey will simplify the conversion of fiat assets into digital ones and vice versa for users of the Telegram crypto wallet.
The TON Foundation and HashKey will also continue to operate a program called TON Bootcamp. It supports new and interesting projects in the TON network. The company behind the crypto exchange of the same name also plans to invest in the most promising startups. Initially, the sites will focus on the Hong Kong market, but will subsequently expand their influence to other countries in the Asia-Pacific region.
The native token of the TON ecosystem, Toncoin, grew by 7% within an hour after the announcement of the collaboration. Over the past week, the TON rate jumped by 37.3%, and over the month — by 46.5%. Thanks to the price rally, the token overtook Cardano (ADA) in the ranking of the largest cryptocurrencies by capitalization. Currently, the asset figure is $24.8 billion. On April 11, Toncoin updated its all-time high (ATH) at $7.63.
Image: TON Blog