CoinShares Launches Zero-Fee TON ETP

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CoinShares Worldwide Restricted (NASDAQ Stockholm: CS), a number one digital asset administration firm with over $10 billion in property beneath administration, has launched CoinShares Bodily Staked Toncoin (CTON) on the Swiss SIX alternate. The brand new exchange-traded product offers regulated publicity to Toncoin (TON), a blockchain built-in with Telegram’s international ecosystem.

CTON ETP has no administration charges and provides a 2% annual staking yield backed by 1:1 TON direct holdings. CoinShares goals to develop institutional entry to TON, highlighting its scalability and consumer attain by way of Telegram’s 900 million lively customers.

Toncoin is already included in CoinShares’ US-listed altcoin ETF (DIME). The launch in Europe will develop entry for buyers in search of diversified blockchain publicity, combining institutional-level custody with staking-based yield technology.

Picture: Freepik

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