MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, has announced a significant investment in The Open Network, the largest layer-1 investment the firm has ever made. This investment works alongside a strategic partnership with The Open Network (TON) Foundation, which is dedicated to transforming TON into an accessible platform as a simple gateway to Web3, enabling more users to acquire cryptocurrency assets swiftly and conveniently. MEXC Ventures’ investment is just one part of MEXC’s broader efforts to bolster the growth of TON’s ecosystem, which includes providing marketing services and promotion for the TON-based projects they list on their platform, introducing 0% trading fees for Toncoin, and providing a TON collateral lending service in the near future. MEXC is a centralized cryptocurrency exchange that has consistently maintained a leading position in the field of futures trading in the cryptocurrency industry. With the lowest trading fees in the market, a professional team providing industry-leading service responses around the clock, and a seamless trading experience, MEXC is highly regarded by users in the industry, boasting over 10 million users in over 170 countries worldwide. Since its inception, MEXC has always adhered to the value of “Users First”, with customer satisfaction being the guiding criterion. MEXC Ventures is a comprehensive venture capital firm that focuses on investing in blockchain projects and startups.

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Information	Details
Geography	Global
Countries	🇸🇬 🇭🇰 🇨🇭 🇺🇸
Sentiment	positive
Relevance Score	8
People	Justin Hyun, Steve Yun
Companies	MEXC Ventures, PrimeXBT, The Open Network, The Open Network Foundation, Binance
Currencies	BUSD, Toncoin, Ethereum, Bitcoin, primexbt
Securities	None