On December 10, 2024, HVA Investment Joint Stock Company (HVA Group) officially announced the completion of a business cooperation contract with TON Blockchain Technology Joint Stock Company. This agreement marks an important milestone when HVA Group contributes capital and participates in the exploitation and development of TON digital assets on The Open Network platform, opening up opportunities to develop a decentralized financial ecosystem (DeFi) and exploit potential digital assets on The Open Network.
Cooperation Details
According to the cooperation agreement, HVA Group will contribute capital to implement the TON digital asset mining project with TON Blockchain Technology Joint Stock Company. The main contents of the contract include:
- Investment capital: 10,000,000,000 VND (Ten billion VND).
- Estimated investment period: Q4 2024 and Q1 2025..
- Business cooperation profit: Divided according to actual capital contribution ratio. Other profits: 5%/year calculated based on actual capital contribution ratio, regardless of business performance.
TON Project Details
- Project name: TON Blockchain Technology Joint Stock Company.
- Investment benefits: TON (The Open Network) is a new generation blockchain platform with superior transaction processing capabilities, high security and advanced decentralized operating mechanism. TON Token is considered one of the digital assets with strong growth potential in the future, especially in financial and payment applications.
Main Objectives of the Project
The cooperation project between HVA Group and TON Blockchain Technology Joint Stock Company focuses on three core goals:
- TON Token Mining: Applying advanced technologies to optimize mining efficiency, helping investors take advantage of TON's potential in a sustainable way.
- Diversify investment opportunities: Combine TON mining with DeFi solutions, optimizing portfolios for participating investors.
- Sustainable Development: Support the construction of the TON ecosystem in Vietnam, promote the application of blockchain technology in economic and life fields.
The Meaning of Cooperation
Cooperation agreement between HVA Group and TON Blockchain Technology Joint Stock Company not only create new values for the parties but also promote the development of the blockchain ecosystem in Vietnam. This is a strategic step, affirming the position of HVA Group in the field of financial investment and blockchain technology. The cooperation between HVA Group and TON Blockchain Technology Joint Stock Company will continue to contribute to the sustainable development of the digital economy and bring long-term value to the investor community, while contributing to the sustainable development of Vietnam's digital economy.
