BitTorrent and TRON have recently formed a partnership with THUBA DAO, as announced through an official tweet from the TRON Community.

In this collaboration, TRON and BitTorrent are teaming up with Tsinghua University, China, a leading blockchain student body driving Web3 initiatives in the region. Additionally, THUBA DAO 2023 is set to be organized in the upcoming months.

This partnership aims to empower Web3 projects and developers across China through various activities, including THUBA Bootcamp, THUBA Hackathon, Thuba BizDev, and Thuba Incubator. With strong support from BitTorrent and TRON, THUBA DAO 2023 is gaining global traction.

Previously, THUBA DAO partnered with the Algorand Foundation in August 2022, enhancing the reach of events like the Summer Hackathon. By bridging the gap between eastern and western blockchain communities, THUBA DAO is nurturing the next generation of Web3 leaders, benefiting BitTorrent and TRON.

Following the announcement, there has been speculation about a potential increase in BitTorrent's market value. Despite trading 1.66% higher in the 24-hour window, BitTorrent's current value is 0.00000064 dollars, with a market cap of 608.42 million dollars, though it remains 6.41% below its 7-day high.

Similarly, TRON is trading 1.19% higher, valued at 0.06858 dollars, possibly influenced by its recent milestone of surpassing 150 million users.