The TON/USD trading pair may currently only be accessible to professional traders, but a new development is set to change that. On May 9th at 16:00 (UTC+8), TON trading will open up to a wider audience.
In April, we reported on the strategic alliance between the TON Foundation and the HashKey Group. Their goal was to enhance the TON Ecosystem’s treasury management in the Asia-Pacific region. By leveraging the capabilities of the HashKey Group, the two organizations aimed to improve the infrastructure and operational efficiency of the TON Ecosystem. Their ultimate aim was to increase the number of crypto users in the region and provide them with easier access to the technology.
The recent listing of Toncoin on Hong Kong’s leading licensed exchange, HashKey, further solidifies the city’s position as a thriving cryptocurrency hub. Professional investors will soon have the opportunity to trade Toncoin on HashKey Exchange starting May 9th. While the TON/USD pair is currently limited to professional traders, this move will allow a broader range of investors to participate.
However, the collaboration between the TON Foundation and the HashKey Group goes beyond just listing arrangements. They are also exploring potential investment opportunities within the TON ecosystem. This partnership reflects a shared vision for the future of the cryptocurrency market – one that aims to make it more accessible and seamlessly integrated into people’s everyday lives.
The primary focus of this partnership is to enhance the user experience within the TON ecosystem. By attracting more cryptocurrency enthusiasts and making it easier for them to use, they hope to increase overall acceptance and engagement with the ecosystem.
In other crypto news, Solana is facing challenges in a bearish market. The question remains whether SOL can reach $200.