ChainCatcher news, according to Cointelgraph, the TON blockchain announced that it has received a multi-million dollar investment from MEXC Ventures, a venture capital company under MEXC, with the specific amount undisclosed. At the same time, MEXC and the TON Foundation have established a strategic partnership, where MEXC will provide marketing services and promotion for TON-based projects listed on its platform, and plans to launch TON mortgage services and eliminate trading fees for TON tokens.

ChainCatcher news, MEXC's venture capital fund MEXC Ventures announced a strategic investment in UXUY. It is reported that UXUY is a decentralized multi-chain trading platform based on MPC wallets. The recently released UXUY APP beta version has implemented features such as no mnemonic phrases, seamless cross-chain transactions, and exclusive GasPool credit limits, significantly lowering the usage threshold for DEX.According to the crypto data platform RootData, UXUY announced the completion of a $3.2 million seed round financing in April this year, with investors including Bixin Venture, WaterDrip Capital, KuCoin Ventures, Pionex, LK Venture, Arcane Group, Daoverse Capital, and Lapin Digital.

ChainCatcher news, according to CoinDesk, the developer of the fixed-rate DeFi platform Term Finance, Term Labs, has completed a $2.5 million seed round financing, led by Electric Capital, with participation from Circle Ventures, MEXC Ventures, Coinbase Ventures, Robot Ventures, and others.It is reported that Term Finance plans to launch at the end of March, and the newly raised funds will be used to build the Term Finance protocol. (Source link)