CoinShares has introduced a new TON crypto ETP on the SIX Swiss Exchange, offering a 2% yield. The launch on October 29, 2025, marks a significant addition to CoinShares' product lineup, providing investors with exposure to the TON blockchain. Simultaneously, Telegram founder Pavel Durov announced the upcoming launch of the CoCoon AI layer, a decentralized network designed for secure AI computing. Set to debut in November 2025, the platform will allow GPU owners to earn TON tokens by contributing computing power, while developers can access cost-effective AI resources. The price of TON was noted around $2.20, with potential for further gains if these developments boost market interest.