CoinFund led a funding round in STON.fi.

CoinFund, a cryptonative investment firm, led a funding round in STON.fi, a decentralized automated market maker exchange, with participation from Delphi Ventures, Karatage, TON Ventures, Sergej Kunz, Anton Bukov and Philipp Zentner. Financial terms were not disclosed. “STON.fi is the liquidity layer underpinning the consumer crypto activity on TON. The seamless integration into Telegram Messenger opens up native possibilities for simple peer-to-peer transfers of digital assets, serving users where they are, and eliminating the need for intermediaries. STON.fi is poised to capture the real momentum driven by the cultural moment that Telegram is having right now,” Einar Braathen, CoinFund Partner.