CoinShares bets on Toncoin despite the market crash
CoinShares launches an ETP called Physical Staked Toncoin on the Swiss stock exchange, allowing investment in the TON token while benefiting from a staking yield of 2%. Despite a nearly 60% drop this year and a market cap fallen to $5.7 billion, this initiative marks institutional recognition for The Open Network, supported by Telegram. A strategic step that could restore confidence in the TON project in an still fragile market.
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