Amount of investment obtained from CoinFund for STON.fi, a decentralized automated market maker exchange (AMM DEX) situated in London, UK, based on the TON blockchain, is unknown.
Use of funds
With the goal of expanding financial services to Telegram users through the instantaneous exchange of Toncoin and USD stablecoins for any native token at the best rate, the firm plans to use the cash to further improve operations in support of its rapid expansion.
About STON.fi
Under the direction of CEO Slavik Baranov, STON.fi offers a decentralized cross-blockchain platform that eliminates the need for bridging or wrapping when allowing users to trade their cryptocurrency assets across various blockchains. With its integration with Telegram Messenger, which has 900 million monthly active users, it provides a solution that gives people complete control over how they manage their digital assets.
“STON.fi is building a cross-blockchain decentralized platform that provides a reliable and secure way to trade cryptocurrencies without relying on centralized institutions.”
Slavik Baranov
