CoinShares launches Toncoin ETP as TON market cap dips below $6B


CoinShares launches Toncoin ETP as TON market cap dips below B


European crypto asset manager CoinShares rolled out exposure to Telegram-linked TON via an ETP, despite the token plummeting almost 60% year-to-date.

CoinShares, a major crypto asset management company headquartered in Europe, has launched a new investment product offering exposure to Telegram-linked Toncoin.

CoinShares International announced a merger with blank-check company Vine Hill Capital Investment Corp. to launch an exchange-traded product (ETP) on Toncoin (TON).

The new product, CoinShares Physical Staked Toncoin, started trading on Switzerland’s primary stock exchange SIX under the ticker CTON on Tuesday.

Read more



Source link