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
Goldman Sachs: Fed Rate Cut Expectations Are Positive for Asian Currencies
Data: Whale who previously made $76.05 million in profits from ETH swing trading buys another 10,000 ETH
Hyperliquid has now launched STBL contract trading
Metaplanet increases its holdings by 5,419 bitcoins, bringing the total to 25,555 bitcoins.
Trending news
MoreCrypto prices
More
