19/08/2025
Trident Digital Tech Pte Ltd just announced a strategic investment in web 3.0 e-commerce firm Tongxin Innovation Limited. Our 30% stake in the operator of this Telegram-based web 3.0 e-commerce platform expands our ecosystem and capabilities, providing another future growth catalyst.
According to Tongxin, Tongxinโs ToMe is a pioneering Web 3.0 e-commerce application built on Telegram, a global messaging platform with over one billion users. The platform addresses traditional e-commerce pain points through its 4F value proposition: Fair, Fast, Friendly, and Free, representing its emphasis on digital property rights, stablecoin settlement, a community-based ecosystem, and a commitment to free trade, respectively.
Tongxin maintains active communities in Dubai, Singapore, and Hong Kong, and has reached preliminary agreements with leading real-world asset companies operating AI-powered shopping malls in Southeast Asia.
"This acquisition perfectly aligns with our mission to become a global leader in Web 3.0 enablement," said Soon Huat Lim, Founder, Chairman, and Chief Executive Officer of Trident. "Tongxin's ToMe platform represents the future of e-commerce, seamlessly integrating blockchain technology with one of the world's largest messaging platforms. The synergies between ToMe's Web 3.0 commerce capabilities and our own Tridentity blockchain identity platform create tremendous opportunities for innovation and growth."
Learn more: https://investors.tridentity.me/news-releases/news-release-details/trident-announces-strategic-investment-web-30-e-commerce-firm