According to @FC_0X0, founding partner of SevenX Ventures, three funds shared their investment representative works in the Level 1.5 market. MEXC began discussions with the $TON Foundation in March 2023 and invested tens of millions of dollars after confirming its collaboration with Telegram. Metrics Ventures chose the project $BEAM from Binance Launchpool based on the "zero-sum fund" concept, due to its low valuation and the team's plans to develop towards a gaming public chain. Bastion Trading made significant investments in SOL. The Level 1.5 market, also known as OTC or over-the-counter market, refers to the trading of assets where buyers and sellers negotiate directly rather than through public exchanges, focusing on assets that have already generated tokens but are still in a lock-up period.