Cross-chain decentralized trading protocol STON.fi receives investment from CoinFund

BlockBeats news, on May 15, STON.fi, a decentralized automated market maker exchange (AMM DEX) based in London and built on the TON blockchain, announced that it had received an investment from CoinFund, the specific amount of which was not disclosed. STON.fi plans to use the funds to further enhance operations to support its rapid growth, aiming to provide financial services to Telegram users with 900 million monthly active users, instantly exchanging Toncoin, US dollar stablecoins and any native tokens at the best price.

STON.fi, led by CEO Slavik Baranov, provides a decentralized cross-blockchain platform that allows users to trade crypto assets directly across multiple chains without on-chain asset transfers or locks. By integrating with Telegram, STON.fi provides users with a safe and reliable way to manage digital assets and maintain full control.