21Shares Lists ETP for Staking Telegram-Endorsed Token TON

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21Shares Lists ETP for Staking Telegram-Endorsed Token TON
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Jamie Crawley is a CoinDesk news reporter based in London.

The biggest and most established global hub for everything crypto, blockchain and Web3.SIX-listed TONN will offer investors staking rewards without having to set up their own node.

TON is the native token of The Open Network, which is the blockchain of choice for Telegram's Web3 infrastructure.Crypto asset manager 21Shares listed an exchange-traded product for staking toncoinThe 21Shares Toncoin Staking ETP , which listed on Swiss SIX Exchange on Wednesday, will offer investorswithout the hassle of setting up and managing their own node, the asset manager said in an email.

Staking is a way of earning passive income on crypto tokens by offering them to a blockchain network to help it run and receiving a yield in return.abandoned development in August 2020Members of the community, however, took the project forward while maintaining an association with Telegram. In September last year, the messaging app officially stamped theLong before it became

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