TONN
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 900 million users in Q1 of 2024.
Digital application use cases
Established in 2018, The Open Network is designed to uniquely support digital applications, games, and collectibles like NFTs. As blockchain technology grows in adoption, The Open Network’s community-driven architecture is designed to support daily use cases like messaging, gaming, and other digital apps.
Staking with ease
With TONN, investors can access staking yields with the benefit of professional risk management while avoiding the need to lock assets.
100% physically backed
The 21Shares Toncoin Staking ETP is 100% physically backed by the underlying TON tokens which are held in cold storage by an institutional-grade custodian, offering greater protection than custody options available to individual investors.
Climate protection
21Shares has engaged in effective climate protection since 2021. Our contributions support climate protection projects that include cleaner power generation and reforestation efforts, all designed to protect our planet for future generations.
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