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Tradoor Secures $3.2M for Revolutionary Token-Powered Trading Platform on TON

Editorial Team
Editorial Team

2 min

Tradoor, a decentralised trading platform on the TON network, raised $3.

2 million in investment.

Notable investors include TON Ventures, Kenetic Capital, and VentureSouq supporting Tradoor's development.

Around $1.

5 million of the funding is allocated to purchasing digital tokens for growth.

Tradoor's turbo trading feature enables up to 10,000 transactions per second with quick confirmations.

Future plans include AI-powered tools and social trading features for enhanced user interaction.

Tradoor, a decentralised trading platform that mixes futures, options, and social trading on the TON network, has announced a fresh injection of investment worth $3.2 million. The funding was led by notable firms TON Ventures and Kenetic Capital, with VentureSouq among a strong line-up of supporting investors including Sigil Fund, Protagonist, T Fund, TONX, Re7 Capital and BitsLab.

Interestingly, about half of this amount—around $1.5 million—is earmarked specifically for purchasing digital tokens that will bolster the platform's development roadmap. Tradoor is certainly attracting attention in cryptocurrency circles, thanks in part to its unique 'turbo' trading feature that can handle up to 10,000 transactions per second, with a confirmation speed itching close to just 50 milliseconds. For traders who hate faffing about, their so-called 'turbo accounts' allow swift, one-click transactions and smooth deposits from several networks like Ethereum, BNB Smart Chain, and Solana.

Going forward, the folks behind the scenes plan to introduce further nifty features. These include options to exchange tokens more fluidly, along with AI-powered tools—yes, that's artificial intelligence stepping into the trading game. Imagine instructing trades through simple text prompts, or following the lead of top traders from within the community itself.

To give some perspective for readers less obsessed with crypto than the average Arageek enthusiast: Think social media meets investing. Soon you could potentially "copy-paste" trades from expert users—something that would have sounded plain mad even a few years back.

Of course, as with any innovative finance venture, we'll have to wait and see whether traders bite at these groundbreaking ideas. Still, with the amount of backing already secured, not to mention the ambition shown, Tradoor seems set up rather nicely for what's shaping up to be an intrigiuing journey ahead.

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