​21Shares launches Toncoin staking ETP (TONN) TL;DR: 21Sha | TON Community

​21Shares launches Toncoin staking ETP (TONN)

TL;DR:
21Shares unveils the Toncoin Staking ETP (TONN), a secure and easy way for investors to tap into TON's growth potential by earning staking rewards.
Trading starts today on the SIX Swiss Exchange.

21Shares AG, creators behind Cathie Wood's Bitcoin Spot ETF and the largest issuer of cryptocurrency exchange-traded products (ETPs) globally, is now launching the 21Shares Toncoin Staking ETP (Ticker: TONN).

Fully backed by Toncoin, the 21Shares Toncoin Staking ETP (TONN) tracks the performance of TON while automatically reinvesting staking earnings back into the ETP to boost its performance. It serves as a regulated and secure option for investors looking to engage with the growth potential of TON.

Why is this important?
This ETP opens up the world of Toncoin staking to all investors, offering a seamless way to earn staking rewards without the hassle of managing a staking node. Whether you're new to the crypto space or a seasoned investor, TONN provides a straightforward path to participate in the rewards of TON's proof-of-stake (PoS) consensus.

TONN is available for trading in USD on the SIX Swiss Exchange starting from today, March 27, 2024.

For more details, visit this page.