STON.fi raises $9.5M in Series A funding

TON-based automated market maker (AMM) protocol STON.fi has raised $9.5 million in a Series A funding round led by Ribbit Capital and CoinFund, according to a press release on The Daily Hodl. The funding will support development of advanced features like concentrated liquidity pools, native limit orders and cross-chain swaps via its Omniston protocol.