Gate.io has made a $10 million strategic investment in The Open Network (TON) to enhance collaborations with the TON Foundation and support growth of Telegram-based projects. According to Dr. Lin Han, CEO of Gate.io, the TON ecosystem is attractive due to its extensive Telegram user base and efficient blockchain technology, making it ideal for Web3 applications and developers. The investment aims to deepen Gate.io's involvement in TON's governance and contribute to blockchain development. Gate.io plans to introduce a CeFi-driven Telegram mini-app and a Gate Wallet within Telegram. The company will also participate in the TON Society's Hackers League, featuring a substantial prize pool to encourage innovation across global cities. Originally developed by the Telegram team, TON has gained popularity among Telegram users and is expected to continue growing due to recent integrations and the rise of TON games.

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