21Shares’ Toncoin staking ETP, one of the first TON ETPs in the world, is debuting trading on the SIX Exchange under the ticker symbol TONN.
21Shares, one of the largest cryptocurrency exchange-traded product (ETP) issuers, is launching a staking ETP based on cryptocurrency Toncoin (TON).
The new Toncoin Staking ETP is a 100% physically backed product that tracks the performance of TON while reinvesting staking yields into the ETP for enhanced performance.
The product will start trading on the Swiss SIX Exchange under the ticker TONN on March 27, the firm said in an announcement to Cointelegraph on Wednesday.
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Source: https://cointelegraph.com/news/21shares-toncoin-staking-etp-tonn