21Shares’ announcement to launch a TON-based staking ETP on the SIX Swiss Exchange has generated significant excitement within the crypto community and traditional investors.
This move represents a significant step for the TON project, bringing it closer to the traditional market in a similar way to Bitcoin, while at the same time offering investors a new way to gain exposure to this emerging blockchain without the need to directly own the tokens.
21Shares launches staking ETP on TON
But what exactly does this new feature mean? To fully understand it, it is essential to understand what an ETP is. An Exchange Traded Product is essentially a financial security listed and traded on the traditional market, which aims to replicate the performance of a specific asset or group of assets.
In the context of blockchain and cryptocurrencies, an ETP linked to TON offers investors the opportunity to invest in this blockchain without having to directly manage TON tokens.
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We współpracy z: https://en.cryptonomist.ch/2024/03/28/21shares-launches-staking-etp-on-ton/
