TON Foundation Teams Up With HashKey to Drive Crypto On-Ramping in Telegram
Summary
The TON Foundation has partnered with HashKey Group, aiming to enhance the provision of crypto and fiat on- and off-ramping for Asia-Pacific users of the Telegram wallet service. The TON blockchain was initially a project by Telegram, but was taken over by the TON Foundation after legal issues with the SEC. The partnership will initially focus on Hong Kong, with plans to expand to other Asia-Pacific markets if successful. Following the announcement, TON's native token, Toncoin, saw a 1.7% increase, despite a 4% drop in the last 24 hours.
