In April, news emerged of a strategic partnership between the TON Foundation and the HashKey Group, aimed at fortifying the TON Ecosystem’s treasury management capabilities across the Asia-Pacific region. This collaboration signifies a concerted effort to leverage HashKey Group’s resources and expertise to bolster the infrastructure and operational efficiency of the TON Ecosystem. By joining forces, both entities aim to enhance the accessibility and usability of cryptocurrency within the region.

Toncoin Listing on HashKey Exchange Marks Milestone for Hong Kong’s Crypto Scene

Hong Kong continues to solidify its position as a burgeoning cryptocurrency hub, with Toncoin’s recent listing on HashKey, the region’s premier licensed exchange. HashKey Exchange has announced that Toncoin trading will commence on May 09, providing professional investors with access to this promising digital asset.

Haskey stated that TON trading will start on May 09 and made the following statement: “We are excited to announce that Toncoin will be listed on HashKey Exchange, a licensed virtual asset exchange in Hong Kong. Listing information and schedule for TON are set as follows, TON of deposits and withdrawals are currently open. TON trading is scheduled to open on May 09 at 16:00 (UTC+8). While the listed trading pair is TON/USD, this trading pair will only be available to professional traders.”

Also Read: Ethereum Price: Whales Move 150K Coins Amid ETH Retreat, What’s Next?

Partnership Explores Investment Opportunities and Enhances User Experience

Furthermore, the partnership between TON Foundation and HashKey Group extends beyond listing arrangements, as both entities explore investment opportunities within the TON ecosystem. This reflects a shared vision for the growth and development of the cryptocurrency landscape, with a focus on advancing accessibility and integration into everyday life. By prioritizing user experience enhancements within the TON ecosystem, the partnership aims to cultivate a more seamless and user-friendly environment for cryptocurrency enthusiasts, fostering broader adoption and engagement.

Additionally, the current market data indicates a positive trend for Toncoin, with a price of $5.66 and a 24-hour trading volume of $218.6 Million. Despite a slight price decline of -4.26% in the last 24 hours, Toncoin has experienced a notable 18.42% price increase over the past 7 days. With a circulating supply of 3.5 Billion TON, Toncoin boasts a market cap of $19.6 Billion, positioning it as a significant player within the cryptocurrency market.

Also Read: Crypto Prices Today May 8: Bitcoin, Ethereum, XRP Drop As Ethena Shines

The post Toncoin Bags HashKey Listing, TON Price To Rally? appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am