According to @FC_0X0, founding partner of SevenX Ventures, three funds shared their representative investments in the Level 1.5 market. MEXC began talks with the TON Foundation in March 2023 and invested tens of millions of dollars after confirming its cooperation with Telegram. Metrics Ventures selected the project BEAM from Binance Launchpool based on the 'zeroing fund' concept, due to its low valuation and the team's plan to develop towards a gaming public chain. Bastion Trading heavily invested in SOL. The Level 1.5 market, also known as OTC or over-the-counter market, refers to the trading of assets between buyers and sellers through direct negotiation rather than on public exchanges, focusing on assets that have already generated tokens but are still in a lock-up period.