21Shares Toncoin Staking ETP

The 21Shares Toncoin Staking ETP invests directly in TonCoin, the native cryptocurrency of The Open Network (TON), a smart contract platform that supports digital applications like Telegram. By holding TonCoin physically, the ETP tracks its performance and reinvests the rewards earned from staking TonCoin to boost returns. This approach allows investors to benefit from both the price movements and the staking income of TonCoin, providing a straightforward way to participate in the growth and infrastructure of the TON ecosystem.