Prominent crypto exchange-traded product (ETP) issuer has announced the launch of 21Shares Toncoin Staking ETP.
This new ETP aims to offer investors a regulated avenue to capitalize on the expansion of The Open Network, a platform facilitating applications such as Telegram, which boasts a user base exceeding 900 million in Q1 of 2024.
21Shares’ Toncoin Staking ETP
According to the official press release, the new Toncoin Staking ETP will start trading on the Swiss SIX Exchange under the ticker TONN on March 27.
This is a 100% physically backed product that tracks the performance of TON while capturing and reinvesting staking yields into the ETP for enhanced performance.
Commenting on the development, Ophelia Snyder, Co-Founder & President of 21Shares, stated,
“Our 21Shares Toncoin Staking ETP opens up a new horizon for investors, providing a hassle-free gateway to staking rewards within the blockchain ecosystem. We are dedicated to empowering investors with innovative products l
We współpracy z: https://cryptopotato.com/21shares-rolls-out-toncoin-staking-etp-amid-tons-new-ath/
