OSL Digital Securities has expanded its OTC choices with the addition of Toncoin, boosting investor entry to The Open Community’s native token.
Hong Kong‘s regulated crypto dealer OSL Digital Securities has added Toncoin (TON) to its over-the-counter buying and selling providers, permitting skilled traders to commerce the token. The brand new providing is a part of OSL’s technique to broaden its providers and meet the rising demand for crypto within the area, the agency stated in a Dec. 13 press launch.
Efficient instantly, eligible customers can commerce TON in opposition to USD, USDT, and HKD on OSL’s platform. The service additionally contains custodian providers and fiat on/off-ramps for digital property, the press launch reads.
“We’re dedicated to actively listening to our prospects and attempt to supply safe and quick access to high quality tokens that allow them to capitalize on market alternatives and development potential.”
Guoliang Hao, chief enterprise officer of OSL
You may also like: Telegram founder praises privateness in crypto, worries about way forward for safe {hardware}
OSL’s choice so as to add TON to its OTC providers comes after the TON blockchain secured multi-million greenback funding from Pantera Capital. As crypto.information reported in Might, the Open Community allegedly secured over $250 million in funding from the Californian enterprise capital large. On the time, Pantera Capital stated it had determined to spend money on TON because the platform “has the capability to introduce crypto to the plenty as a result of it’s used extensively throughout the Telegram community.”
In early December, reviews revealed that Pantera Capital raised an extra $20 million to additional spend money on Toncoin, sustaining its help for the Telegram-linked blockchain. Different particulars of the funding, nevertheless, stay unclear.
Learn extra: Ton blockchain: X insurance policies to drive Telegram adoption
