TON Ecological STON.fi completes $9.5 million Series A financing, led by Ribbit Capital and CoinFund

STON.fi, a leading decentralized exchange on the TON blockchain, has raised $9.5 million in Series A funding, led by Ribbit Capital and CoinFund. The funds will be used to develop centralized liquidity pools, cross chain functionality, and community governance, promoting bridge free cross chain exchanges and DeFi ecosystem expansion. Since its launch in 2022, STON.fi has accumulated over $6 billion in trading volume.