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Market News

TON Foundation & Hashkey Join for Telegram Crypto On-Ramping

Written By Dishita Malvania
Published 2024-04-12
Make The Crypto Times preferred on GoogleGoogle
TON Foundation & Hashkey Join for Telegram Crypto On-Ramping

The TON ecosystem’s overseers have joined forces with HashKey Group, which runs a crypto exchange in Hong Kong to make it easier for people in Asia-Pacific to buy and sell cryptocurrencies using Telegram’s messaging app.

TON blockchain initially belonged to Telegram, but they had to stop working on it after some legal trouble. Then, the TON Foundation took over with Telegram’s support.

Now, HashKey and the Foundation want to focus on Hong Kong first. If things go well, they plan to expand to other parts of Asia-Pacific.

After they announced this partnership, the value of Toncoin went up a bit, but it’s been down overall in the past day, while the general cryptocurrency market has also seen a slight decline.


Also Read: HashKey Group Plans To Introduce Ethereum Layer-2 Chain

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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