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Investment fund for Web3 projects on the TON protocol.
Deals · 12mo
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- Megaton Finance
Led · Seed · Apr 2023
Megaton Finance is an AMM-based decentralized exchange protocol developed by Ozys, a Republic of Korea blockchain technology company. The protocol is audited by CertiK and designed to be user-friendly for existing DeFi users and the Telegram ecosystem. Megaton plans to integrate a Telegram chatbot to combine messenger functionality with its DeFi protocol, aiming to reach Telegram’s large user base. Its cross-chain platform, Orbit Bridge, has connected TON to EVM/NEVM-based multichain communities. The team has also developed WTON Gateway, a wrapping protocol that increases TONcoin utility by enabling its use within mainnet environments. The company intends to use the recently raised funds to accelerate growth and expand operations.