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Press Release
Hashkey Group and TON Foundation announced a strategic partnership. TON Foundation will explore using Hashkey Group resources for treasury management in the Asia-Pacific region, while HashKey Group will explore potential investments within the TON ecosystem, reflecting a shared belief in the network's growth and development.
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The partnership's objective is to support the TON Ecosystem by providing incubation efforts for projects within the ecosystem and providing accessibility to on-and-off ramp services for users of Wallet in Telegram in the Asia-Pacific Region. With a shared commitment to making cryptocurrency a more integrated part of everyday life, the two entities will work together to improve accessibility and user experience within the TON ecosystem.
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The partnership will explore new ways to support early-stage TON ecosystem projects and is also set to increase access to fiat on and off-ramps for users of Wallet in Telegram in the Asia-Pacific Region. TON Foundation and HashKey Group will continue to work together to improve the TON ecosystemâs accessibility and user experience as part of their shared commitment to integrating cryptocurrency and blockchain technology more deeply into everyday life.
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TON Bootcamp initiatives will continue as part of the partnership, with the ongoing collaboration set to nurture even more new and exciting projects on TON blockchain. Together, TON Foundation and HashKey Group will support new ecosystem projects by providing mentorship, networking opportunities, and other incubation activities. HashKey Group will also look to invest in promising TON ecosystem projects, subject to thorough due diligence processes.
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âAs we embark on this strategic partnership with TON Foundation, we are committed to enhancing digital asset services for users across the Asia-Pacific region,â said Livio Weng, COO of HashKey Group. âBy streamlining the fiat on-and-off ramp experience, we aim to make cryptocurrency a seamless part of everyday life, driving forward accessibility and innovation within the TON ecosystem.â
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âThrough this strategic partnership with HashKey Group, we are excited to provide further support to independent and already influential communities around TON in this region," said Steve Yun, President of the TON Foundation. âLed by local teams already achieving virality, we look forward to ushering in a new generation of mini-app builders on TON.
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While initially focusing on the Hong Kong market, TON Foundation and HashKey Group are dedicated to following all regional laws and regulations. Success in this initial market will set the stage for extending their joint efforts to other markets, aligning with their shared vision of promoting accessible and decentralized financial services. TON Foundation is also exploring resources from HashKey Group as a treasury management solution.
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