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Hong Kong-based cryptocurrency service provider TMTG Enterprise HK Limited announced the listing of TOM (The Touch of Midas) token on virtual asset exchange Aprobit on Jan. 19. TOM is the DeFi token of TMTG (The Midas Touch Gold).
TOM was first mined in TOM Finance Season 1, a DeFi project of TMTG. The first season celebrated enormous trading volume, number of participants, and APY, completing TOM mining on Jan. 13. In the second season, the TOM LP pool has been added to mine TOM2, with a maximum of four times the leverage.
Aprobit is an emerging exchange in Korea, ranking No. 2 after Bithumb in terms of trade volume according to Coinhills. The exchange has been noted for its keen movements to react to the fast-paced cryptocurrency industry. For example, the exchange implemented the Information Security Management System (ISMS) to enhance the security of the exchange and suspended order book affiliations with major global exchanges to comply with the Special Finance Ordinance of Korea.
A TOM official said, “TOM is currently preparing several listings on major exchanges and DeFi projects to increase liquidity and value. We aim to provide more stable DeFi products and user benefits.
The second season of TOM Finance features TOMSWAP, the DeFi DEX with liquidity pools and swaps, along with the mining of TOM2 since Jan. 14.