CoinShares has launched the CoinShares Physical Staked Toncoin ETP (CTON) on the SIX Swiss Exchange, offering a zero management fee and a 2% staking yield. This new product provides European investors with regulated exposure to Toncoin, a blockchain integrated with Telegram's extensive user base. The ETP is physically backed on a 1:1 basis, ensuring security and transparency.
The Toncoin blockchain is notable for its ability to process over 104,000 transactions per second, making it a robust infrastructure for digital transactions. CoinShares CEO Jean-Marie Mognetti emphasized the strategic fit of TON with the company's approach to blending traditional financial services with decentralized technology.
CoinShares Introduces Zero-Fee TON ETP with 2% Staking Yield
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