21SHARES DEBUTS TONCOIN STAKING ETP TONN ON SIX EXCHANGE
The world of cryptocurrency investments is constantly evolving, presenting both opportunities and challenges for investors.Navigating this landscape requires innovative financial instruments that simplify access to promising digital assets. The 21Shares Toncoin Staking ETP will be available for trading on the SIX Exchange starting Wednesday, 27th March, 2025, providing investors with a seamless pathway to engage with ToncoinEnter 21Shares, a leading issuer of cryptocurrency exchange-traded products (ETPs), which has just launched a groundbreaking new offering: the 21Shares Toncoin Staking ETP (TONN). 21Shares AG, the issuer of exchange-traded products, has launched the Toncoin staking ETP amid the token's notable surge this month following integration by Telegram. Dubbed TONN, the ETP has been launched on the SIX Swiss Exchange, where 21Shares already offers several other crypto products.This innovative product allows investors to gain exposure to Toncoin (TON), the native currency of The Open Network (TON), a decentralized layer 1 proof-of-stake blockchain, all while benefiting from staking rewards.The TONN ETP began trading on the SIX Swiss Exchange on March 27th, 2025, marking a significant milestone in the accessibility of TON for a wider audience.This 100% physically backed ETP tracks the performance of TON and automatically reinvests staking yields, potentially enhancing returns for investors.By listing the TONN ETP, 21Shares is providing a regulated, transparent, and convenient way for investors to participate in the growth of the TON network and capitalize on the increasing popularity of Toncoin.
What is the 21Shares Toncoin Staking ETP (TONN)?
The 21Shares Toncoin Staking ETP (TONN) is an exchange-traded product designed to track the performance of Toncoin (TON) while also providing investors with staking rewards. Das 21Shares Toncoin Staking ETP (TONN) ist zu 100 % physisch durch den zugrundeliegenden Basiswert TON hinterlegt und bildet dessen Wertentwicklung ab, w hrend gleichzeitig Staking-Ertr ge generiert und in das ETP reinvestiert werden, um die Performance zu steigern. Dieses ETP bietet Investoren eine regulierte und transparente M glichkeit, am Wachstum von The Open Network teilzuhabenIt represents a significant advancement in how investors can access and participate in the TON ecosystem.
- Ticker Symbol: TONN
- Listing Exchange: SIX Swiss Exchange
- Launch Date: March 27th, 2025
- Total Expense Ratio (TER): 2.50%
- Backing: 100% physically backed by Toncoin
Here's a closer look at the key features that make the TONN ETP a compelling investment option:
100% Physically Backed
The TONN ETP is 100% physically backed by Toncoin. 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).This means that for every share of the ETP, 21Shares holds an equivalent amount of TON in custody.This provides investors with assurance that the ETP accurately reflects the value of the underlying asset and mitigates counterparty risk.
Staking Rewards
One of the most attractive features of the TONN ETP is its ability to generate staking rewards. 100% physically backed, the 21Shares Toncoin Staking ETP TONN tracks the performance of TON while capturing and reinvesting staking yields into the ETP for enhanced performance.Toncoin operates on a proof-of-stake blockchain, which means that token holders can earn rewards by participating in the network's consensus mechanism. 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.The TONN ETP automatically stakes the underlying TON tokens and reinvests the staking yields back into the ETP. The 21Shares Toncoin Staking ETP (TONN) is listed on the SIX Swiss Exchange with a total expense ratio (TER) of 2.50%. Toncoin is the native currency of the TON network and operates on a decentralised layer 1 proof-of-stake blockchain.This has the potential to enhance the ETP's overall performance and provide investors with passive income.
Transparent and Regulated
As an ETP listed on the SIX Swiss Exchange, the TONN ETP is subject to strict regulatory oversight.This provides investors with a level of transparency and security that is not always available in the cryptocurrency market. Crypto asset manager 21Shares listed an exchange-traded product (ETP) for staking toncoin TON$3.09, the token of The Open Network, which has received endorsement of messaging app Telegram.The ETP is also subject to regular audits, ensuring that it is properly managed and that the underlying assets are securely held.
Easy Access and Liquidity
The TONN ETP is traded on a regulated exchange, making it easy for investors to buy and sell shares.This provides investors with liquidity and the ability to quickly adjust their positions as market conditions change.Investors can purchase shares of the TONN ETP through their existing brokerage accounts, eliminating the need to set up separate cryptocurrency wallets or accounts.
Why Invest in Toncoin (TON)?
Toncoin, the native cryptocurrency of The Open Network (TON), has garnered significant attention in recent times, and for good reason.It boasts unique features and a compelling vision that sets it apart in the crowded cryptocurrency landscape.Understanding the potential of Toncoin is crucial before considering an investment in the TONN ETP.
The Open Network (TON): A Vision for a Decentralized Future
The Open Network (TON) is a decentralized layer 1 blockchain platform designed to facilitate the widespread adoption of cryptocurrencies.Initially conceived by the Telegram team, TON aims to create a scalable and user-friendly ecosystem for decentralized applications (dApps), payments, and data storage. 21Shares has expanded its cryptocurrency range with the first exchange-traded product (ETP) offering exposure to toncoin with staking rewards. The 21Shares Toncoin Staking ETP (TONN) is listed onWhile Telegram has distanced itself from the core development, the TON Foundation has taken over and is actively developing the ecosystem.
Telegram Integration and Mass Adoption
One of the key factors driving the growth of Toncoin is its close association with Telegram, the popular messaging app. 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. Continue reading 21Shares debuts Toncoin staking ETPWith over 900 million monthly active users, Telegram offers a massive potential user base for TON. 21Shares, um dos maiores emissores de produtos negociados em bolsa (ETP) de criptomoedas, est lan ando um ETP de staking baseado na criptomoeda Toncoin (TON). O novo ETP de Staking Toncoin um produto 100% lastreado fisicamente que acompanha o desempenho do TON enquanto reinveste os rendimentos do staking no ETP para melhorar o desempenho.The TON Foundation envisions integrating TON seamlessly into Telegram, enabling users to easily send and receive Toncoin, access dApps, and participate in the TON ecosystem directly from within the messaging app. 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 enThis integration has the potential to bring cryptocurrencies to the masses and drive mainstream adoption.
Scalability and Efficiency
TON is designed to be a highly scalable and efficient blockchain platform. Trading on Swiss SIX Exchange. The Toncoin Staking ETP, which trades under the ticker TONN, made its debut on the Swiss SIX Exchange on March 27. This unique offering seeks to provide investors with an option to receive TON staking rewards without the hassle of setting up and administering a staking node.It utilizes a unique multi-blockchain architecture that allows it to process a large number of transactions quickly and securely.This scalability is crucial for supporting the growing number of dApps and users on the TON network.
Use Cases and Applications
Toncoin has a wide range of potential use cases, including:
- Payments: Toncoin can be used to send and receive payments quickly and securely, both within and outside the Telegram ecosystem.
- dApps: The TON network provides a platform for developers to build and deploy decentralized applications.
- Data Storage: TON provides decentralized data storage solutions, allowing users to store their data securely and privately.
- Governance: Toncoin holders can participate in the governance of the TON network, influencing the direction of the platform.
Benefits of Investing in the 21Shares Toncoin Staking ETP (TONN)
Investing in the 21Shares Toncoin Staking ETP (TONN) offers several advantages over directly purchasing and staking Toncoin.Here's a breakdown of the key benefits:
Simplified Access to Toncoin
The TONN ETP provides a simplified and convenient way to gain exposure to Toncoin. About Press Copyright Contact us Creators Advertise Developers Terms Press Copyright Contact us Creators Advertise Developers TermsInvestors can purchase shares of the ETP through their existing brokerage accounts, without the need to set up separate cryptocurrency wallets or accounts.This eliminates the technical complexities and security risks associated with managing digital assets directly.
Passive Income through Staking Rewards
The TONN ETP automatically stakes the underlying TON tokens and reinvests the staking yields back into the ETP.This allows investors to earn passive income from their Toncoin holdings without having to actively manage the staking process.This is particularly appealing to investors who are new to staking or who prefer a hands-off approach.
Liquidity and Tradability
As an ETP listed on the SIX Swiss Exchange, the TONN ETP is highly liquid and tradable.Investors can easily buy and sell shares of the ETP during market hours, providing them with flexibility to adjust their positions as needed.This liquidity is a significant advantage over directly holding Toncoin, which may be more difficult to sell quickly in large quantities.
Diversification
Adding the TONN ETP to a portfolio can provide diversification benefits. 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. source: httpsCryptocurrencies have a low correlation with traditional asset classes, such as stocks and bonds.This means that adding cryptocurrencies to a portfolio can potentially reduce overall risk and enhance returns.
Regulation and Transparency
The TONN ETP is subject to regulatory oversight by the SIX Swiss Exchange. 21Shares, one of the largest cryptocurrency exchange-traded product (ETP) issuers, is launching a staking ETP based on cryptocurrency Toncoin (TON). TheThis provides investors with a level of security and transparency that is not always available in the cryptocurrency market. Al 100% garantito fisicamente, il 21Shares Toncoin Staking ETP (TONN) segue le performance di TON catturando e reinvestendo i rendimenti dello staking nell'ETP per migliorarne le performance. Questo ETP offre un modo regolamentato e trasparente per gli investitori di sfruttare la crescita di The Open Network - una soluzione che consente applicazioni digitali come Telegram, una piattaforma diThe ETP is also subject to regular audits, ensuring that it is properly managed and that the underlying assets are securely held.
Potential Risks to Consider
While the 21Shares Toncoin Staking ETP (TONN) presents an exciting investment opportunity, it's crucial to acknowledge and understand the potential risks involved.Cryptocurrency investments are inherently volatile, and the TONN ETP is no exception.
Cryptocurrency Market Volatility
The value of Toncoin, like all cryptocurrencies, is subject to significant price fluctuations. Das 21Shares Toncoin Staking ETP wird ab heute an der SIX Exchange gehandelt werden k nnen. Es bietet Anlegern einen einfachen Weg, sich am Toncoin Staking zu beteiligen und die potenziellenMarket sentiment, regulatory changes, technological developments, and macroeconomic factors can all influence the price of Toncoin, leading to potential losses for investors in the TONN ETP. 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.It is important to be prepared for the possibility of sharp price swings and to invest only what you can afford to lose.
Staking Risks
While staking rewards are a potential benefit of the TONN ETP, there are also risks associated with staking. 21Shares debuts Toncoin Staking ETP (TONN) on the SIX Exchange, offering investors exposure to TON's staking rewardsThe staking process involves locking up Toncoin tokens to participate in the network's consensus mechanism.During this time, the tokens cannot be sold or transferred. Who would have thought The Open League will lead to institutional adoption! What a time!There is also a risk of ""slashing,"" where staked tokens can be penalized if the validator node behaves maliciously or fails to meet certain performance requirements. 21Shares will manage the staking process, but these underlying risks still exist.
Regulatory Uncertainty
The regulatory landscape for cryptocurrencies is still evolving. 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%New regulations could be introduced that could negatively impact the value of Toncoin or the operation of the TONN ETP. The fund provides exposure to toncoin, which is the native currency of the TON network.It is important to stay informed about regulatory developments and to understand how they could affect your investment.
Security Risks
Although 21Shares employs robust security measures to protect the underlying Toncoin tokens, there is always a risk of hacking or theft.Cryptocurrency exchanges and wallets have been targeted by hackers in the past, and there is no guarantee that 21Shares will be immune to such attacks in the future. Collat ralis 100% par les tokens TON, l ETP Toncoin Staking de 21Shares (TONN) suit la performance du token TON tout en fournissant un rendement issu du staking qui est r investi dans l ETP pour une performance optimale. Cet ETP propose une mani re simple, transparente, et dans un cadre r glement de s exposer la croissance de la blockchain The Open Network. Il s agit dInvestors should be aware of these security risks and take steps to protect their own accounts and devices.
Total Expense Ratio (TER)
The TONN ETP has a total expense ratio (TER) of 2.50%. 100% physically backed, the 21Shares Toncoin Staking ETP (TONN) tracks the performance of TON while capturing and reinvesting staking yields into the ETP for enhanced performance.This means that 2.50% of the ETP's assets will be used to cover operating expenses each year.This expense ratio can reduce the overall returns of the ETP, so it is important to factor it into your investment decision.
How to Invest in the 21Shares Toncoin Staking ETP (TONN)
Investing in the 21Shares Toncoin Staking ETP (TONN) is a straightforward process, thanks to its listing on the SIX Swiss Exchange. 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 bHere's a step-by-step guide to help you get started:
- Open a Brokerage Account: If you don't already have one, you'll need to open a brokerage account with a firm that provides access to the SIX Swiss Exchange.Many online brokers offer access to international markets.
- Fund Your Account: Deposit funds into your brokerage account.You can typically do this through various methods, such as bank transfers, wire transfers, or electronic fund transfers.
- Search for TONN: Once your account is funded, use the search function on your brokerage platform to find the 21Shares Toncoin Staking ETP.The ticker symbol is TONN.
- Place Your Order: Determine the number of shares you want to purchase and place your order.You can choose between different order types, such as market orders (to buy at the current market price) or limit orders (to specify the price you're willing to pay).
- Monitor Your Investment: After your order is executed, you can monitor the performance of your TONN ETP investment through your brokerage account. 100% physically backed, the 21Shares Toncoin Staking ETP (TONN) tracks the performance of TON while capturing and reinvesting staking yields into the ETP for enhanced performance. This ETP provides a regulated and transparent way for investors to tap into the growth of The Open Network a solution that enables digital applications like Telegram, a messaging platform that supported over 900Keep an eye on the price of Toncoin and any staking rewards that are reinvested into the ETP.
Important Considerations:
- Do Your Research: Before investing in the TONN ETP, conduct thorough research on Toncoin, The Open Network, and 21Shares.Understand the potential risks and rewards involved.
- Diversify Your Portfolio: Don't put all your eggs in one basket.Diversify your investment portfolio across different asset classes to reduce overall risk.
- Consider Your Investment Goals: Determine your investment goals and risk tolerance before investing in the TONN ETP.This will help you make informed decisions about how much to invest and how long to hold the investment.
- Consult a Financial Advisor: If you're unsure whether the TONN ETP is right for you, consult with a qualified financial advisor.They can help you assess your financial situation and make recommendations that are tailored to your specific needs.
The Future of Toncoin and the TONN ETP
The future of Toncoin and the 21Shares Toncoin Staking ETP (TONN) appears promising, driven by several factors including the ongoing development of The Open Network (TON) ecosystem, the potential integration with Telegram, and the increasing institutional interest in cryptocurrencies.If Telegram successfully integrates TON into its platform, this could lead to a significant increase in the adoption of Toncoin and the use of dApps on the TON network.
As the cryptocurrency market matures, institutional investors are increasingly looking for regulated and transparent investment vehicles.The TONN ETP meets these requirements, making it an attractive option for institutional investors who want to gain exposure to Toncoin.Further adoption by institutions could drive up the price of Toncoin and increase the demand for the TONN ETP.
Conclusion
The launch of the 21Shares Toncoin Staking ETP (TONN) on the SIX Exchange marks a significant step forward in making Toncoin accessible to a wider range of investors.By providing a regulated, transparent, and easy-to-use investment vehicle, 21Shares is enabling investors to participate in the growth of The Open Network (TON) and benefit from staking rewards without the complexities of managing digital assets directly.While the TONN ETP offers several potential benefits, it's important to remember that cryptocurrency investments are inherently volatile and involve risks.Investors should conduct thorough research, diversify their portfolios, and carefully consider their investment goals before investing in the TONN ETP.The TONN ETP could be a valuable addition to a diversified portfolio for investors seeking exposure to the growing TON ecosystem.With a focus on simplification and regulatory compliance, 21Shares continues to pave the way for the future of cryptocurrency investing.
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