TON Ecological DEX Torch Finance completes $1.5 million Pre Series funding, led by TVM Ventures

According to a report by Golden Finance, Torch Finance, a decentralized exchange in the TON ecosystem, announced the completion of a $1.5 million Pre Seed round of financing led by TVM Ventures, with the participation of Curve Finance founder Michael Egorov and a group of strategic investors. The new funds are intended to support Torch Pay, an institutional level stablecoin liquidity and PayFi service in the TON ecosystem.