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Gate.io Announces $10 Million Investment in TON Blockchain for Collaboration and Growth of Telegram-Based Projects

Oct 09, 2024•over 1 year ago

Contract Type

partnership

KowloonCyber SecurityBlockchainCryptocurrency

Description

Gate.io has revealed a $10 million strategic investment in The Open Network (TON) blockchain to strengthen partnerships with the TON Foundation and drive the expansion of Telegram-based projects. The investment will also facilitate the company's active participation in the TON Society’s Hackers League hackathon, offering significant support to the TON ecosystem.

Company Information

Company

Gate

Location

Kowloon, Hong Kong, China

About

Our mission is to serve the blockchain industry by providing secure and reliable products & services to consumers and companies around the world. Transparency, security & integrity are our main values. The "Gate ecosystem" consists of Wallet.io, HipoDeFi and Gatechain, all of which were created to provide users with a secure, simple and fair trading platform as well as the ability to safeguard assets and trading information. Currently, we provide trade, investment, and digital wallet services for more than 300 digital assets. We offer high-quality services for millions of users from over 130 countries.

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Strategic partnership established

Partnership agreements typically involve technology integration and joint go-to-market strategies

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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months