News View Non-AMP

TON’s Blum at #1? The Open Platform & Binance Labs Investments to Boost Users

Published by
Qadir AK

Blum, a leading decentralized exchange in the TON ecosystem, is set to establish itself as the top player in the network. With strong financial and technical support from The Open Platform (TOP), Blum is ready for a transformative journey. Here’s what you need to know about the rising star.

Blum Secures Financial Boost

Reports indicate that Blum has received substantial backing from TOP, although the exact amount of funding is still unclear. Earlier, TOP launched a $10 million growth fund to support development within the TON ecosystem, showing its commitment to enhancing the network’s capabilities.

The real strength of the TON ecosystem lies in its impressive 950 million monthly users. Blum is positioning itself to capture a significant share of this large user base, with plans to become the leading exchange in the ecosystem.

Rapid Growth and Investment from Binance Labs

A couple of months before, Binance Labs made a huge investment in Blum. It has helped Blum achieve a significant improvement in its user base. Blum, with about 85 million users, is now the most popular mini-app on Telegram.     

The investment from TOP will primarily be used to improve Blum’s interface. Vladimir Smerkis, Blum’s Chief Marketing Officer, stated that the technical support from TOP will allow the exchange to introduce new features more quickly, enhancing the user experience.

Bright Future Ahead

Recently, Bitget and Foresight Ventures also together invested at least $30 million in GameFi and tap-to-earn projects on TON, highlighting a growing interest in innovative projects within the network.

In conclusion, Blum’s partnership with TOP could transform its platform and significantly boost its position in the TON ecosystem. As Blum continues to innovate and expand, it is on a promising path to becoming the leading exchange in this thriving network.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

Binance Coin BNB Price Prediction 2025, 2026 – 2030: Will BNB Hit New ATH?

Story Highlights Binance Coin Price Today is . The BNB price prediction anticipates a potential…

July 3, 2025

Solana News Today – Analysts Predict SOL Price to Hit $300 Soon

Solana price is making waves in the crypto market, recently climbing 7% intraday from a…

July 3, 2025

Solana Price Prediction 2025, 2026 – 2030: SOL Price Targets $500 Next?

Story Highlights Solana Price Today is . Solana coin price could reach a potential high…

July 3, 2025

Ethereum ETH Price Prediction 2025, 2026 – 2030: Will Ethereum Price Hit $3k?

Story Highlights The Ethereum price today is . ETH price with a potential surge could…

July 3, 2025

SUI Price Eyes $3.30 as RSI Nears Overbought, What’s Next?

Sui has emerged as one of the top gainers today, fueled by bullish macro news…

July 3, 2025

Spend Ethereum Anywhere? How SpacePay Makes Crypto Payments Simple

You've got Ethereum sitting in your wallet, but when's the last time you actually spent…

July 3, 2025