Fundz

STON.fi secures grant from CoinFund for rapid growth and expansion of financial services via instant exchange of Toncoin and USD stablecoins.

PRIVATEMay 14, 2024

Amount Raised

$1 Million

Round Type

Seed

BlockchainCryptocurrency

Investors

Coin Fund

Description

STON.fi, a leading decentralized automated market maker exchange (AMM DEX) built on the TON blockchain, announces an undisclosed grant round led by CoinFund. The funding will be used to fuel operations for STON.fi's rapid growth, on a mission to expand financial services to Telegram users via instant exchange of Toncoin and USD stablecoins for any native token at the best rate.

Quick answer

STON.fi raised $1 Million in a Seed round, dated May 14, 2024. Investors: Coin Fund.

How much did STON.fi raise?
STON.fi raised $1 Million in a Seed round on May 14, 2024.
Who invested in STON.fi?
Coin Fund is named as investors in this round.
What does STON.fi do?
STON.fi builds infrastructure for seamless access to DeFi on The Open Network (TON).
Where is STON.fi based and how big is it?
Fundz records about 30 employees.
Who are the decision-makers at STON.fi?
Fundz holds 1 contact at STON.fi. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Blockchain and Cryptocurrency around the same time

Companies in the same sectors as STON.fi that raised within 45 days of this round, from Fundz verified event records.

  • Rebar Labs raised $2.9M (Seed) on June 27, 2024.
  • Crossover Markets raised $12M (Series A) on June 26, 2024.
  • HIVE Digital Technologies Ltd raised $30M (Series A) on June 25, 2024.
  • Particle Network raised $15M (Series A) on June 20, 2024.
  • Layer3 raised $15M (Series A) on June 12, 2024.
  • Datalayer raised $500K (Pre-Seed) on June 7, 2024.

Who to call at STON.fi, and when

A new round usually means STON.fi is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day STON.fi raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at STON.fi, from your own LinkedIn network

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Company Information

Company

STON.fi

About

STON.fi builds infrastructure for seamless access to DeFi on The Open Network (TON). Its products include the STON.fi app, an advanced swapping and liquidity management tool, and Omniston, the first decentralized liquidity aggregation protocol optimized for TON. Together, they empower users, liquidity providers, and developers with efficient, scalable, and user-friendly DeFi tools. STON.fi has processed over $5 billion in trading volume and continues to drive the evolution of DeFi across TON and beyond.

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Related People

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Predictive Intelligence
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STON.fi raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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