🔥 Torch Finance Raises $1.5M to Expand Institutional-Grade Stablecoin Liquidity & PayFi on $TON 🔥
📢 We’re thrilled to announce our $1.5M pre-seed funding round, led by @tvm_ventures, with investment from @newmichwill (Founder of @CurveFinance) and other strategic backers.
🚀 Scaling Institutional-Grade DeFi on @ton_blockchain
Torch Finance has already built $TON’s first institutional-grade Stable Swap, providing deep liquidity for stablecoins. This funding will now accelerate:
✅ Expanding institutional & Telegram-native stablecoin liquidity
✅ Launching a stablecoin, backed by $TON, tgBTC & Torch Stable LPs
✅ Integrating with Curve’s $2B+ liquidity, bridging $TON & Ethereum DeFi
✅ Scaling Torch Pay, our PayFi solution for real-world blockchain payments
As the Official TVM Partner of @CurveFinance, we’re building the financial backbone of $TON, combining deep DeFi liquidity with institutional-grade efficiency to power the next generation of stablecoin transactions and payments.
The future of PayFi on $TON starts now. Stay tuned. 🔥
#$TON #StableSwap #InstitutionalGrade #DeFi #Crypto #PayFi