21Shares launches Toncoin staking ETP on SIX Exchange
Crypto asset management company 21Shares launches Toncoin pledged ETP on SIX Exchange in Switzerland. The ETP launched this time is called TONN, which aims to track the performance of Toncoin and reinvest the proceeds generated from staking into the ETP, providing investors with a way to earn staking rewards without setting up or managing staking nodes. 21Shares charges a fee for its product, TONN’s annual rate is 2.5%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Santiment: "Buy the dip" strategy is fading as Ethereum approaches the strong resistance zone at $3,200
Arthur Hayes: Maybe Monad can unlock all tokens and retain users, challenging Ethereum and Solana
Hyperliquid confirms that 1.75 million HYPE tokens have been unlocked for developers and core contributors.
The HyperLiquid team unstakes 2.6 million HYPE tokens, with part of the funds restaked.
Trending news
MoreCrypto prices
More
