Blum Receives Strategic Investment from The Open Platform (TOP)

2024-11-04

Blum Receives Strategic Investment from The Open Platform (TOP).webp

Bittime - Blum, a fast-growing Web3-based trading application founded by former Binance executives, has secured a strategic investment from The Open Platform (TOP), a leading venture builder in the TON ecosystem. 

This investment further strengthens Blum's position as a key player in the DeFi and Web3 sectors.

Also read: When is Blum Listing? Here's the Latest News You Need to Know!

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TOP has previously demonstrated its strong commitment to the adoption of Web3 technologies among the wider community. 

Through the support of the TON blockchain and Telegram's extensive user base, TOP aims to accelerate the development of promising projects like Blum. 

Since his participation in Binance Labs’ Most Valuable Builder (MVB) incubation program, Blum has been gaining attention with his grand vision to make cross-blockchain crypto trading easier to access.

TOP Investments and Their Impact on Web3 Adoption

As a venture builder in the TON ecosystem, TOP leverages Telegram's user base of over 950 million people to expand the adoption of Web3 technologies. 

Blum has created a user-friendly mini-app for Telegram, which is now used by more than 85 million users. 

This application is designed to make it easier for anyone, including those not familiar with crypto, to access Web3 features.

Also read Blum Coin Listing and Tips for Getting Airdrops to Make Money

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Binance Labs and TOP Strengthen BLUM's Position and Trust

Blum CEO Gleb Kostarev stated, “With the support of Binance Labs and TOP’s strategic investment, Blum is further strengthening its position in the industry. 

“We are committed to building a trading application that is integrated into the TON and Telegram ecosystem, and supporting users with a smooth DeFi experience.”

TOP has invested in over 24 projects that collectively reach around 240 million users. 

This investment in Blum marks a new step in multi-chain development and broader market adoption.

Andrey Klebanov, Managing Partner of TOP, added, “Our role is not only to provide capital, but also to build long-term relationships with projects like Blum. 

We see this collaboration as an important step in developing the TON ecosystem and facilitating user access to Web3 technologies.”

Also read Blum Listing Date: How Much is $BLUM?

Blum: Improving User Experience with New Features

Through this partnership, Blum will accelerate the development of new trading features and improve infrastructure to enable a more seamless and easier user experience. 

Vladimir Smerkis, CMO and co-founder of Blum, announced, “TOP’s investment will accelerate Blum’s international expansion with new features such as MemePad and soon-to-be-launched trading bots, supporting global crypto education and adoption.”

Blum is committed to continuing to provide an accessible user experience for both beginners and experienced traders. 

Users can stay up to date with the latest developments and feature launches by visiting Blum's official website and social media accounts.

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Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

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