The Open Network (TON) announced on Thursday, 16th October that it has listed on Bitstamp by Robinhood, world’s longest-running crypto exchange. A popular layer-1 blockchain network, TON continues to grow its network, catering to an ever-growing pool of global users. This is a significant milestone for the network, in its efforts of transforming into Web 3 financial infrastructure. For the network, it is also a sign of a greater institutional confidence in the Telegram-integrated blockchain system.
A Strategic Partnership for Worldwide Growth
Bitstamp is one of the industry’s most trusted exchanges, with over 14 years of operational expertise and more than 50 active licenses in Europe, the UK, and Asia. The platform was established in 2011, and it was recently acquired by Robinhood at $200 million dollars. It serves over 5 million clients globally and has a reputation for security and regulatory compliance that few exchanges can match.
The agreement provides TON with direct access to institutional quality infrastructure and a huge global user base covering more than 100 countries. To the Bitstamp users, the introduction of TON expands their portfolio with a blockchain that provides them with new value propositions, particularly its flawless integration with the 900 million plus users of Telegram. The exchange allows traders to purchase, sell and trade TON with other mainstream cryptocurrencies such as Bitcoin, Ethereum, XRP, and Solana.
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