tl;dr
CoinShares, Europe’s leading digital asset manager, launched the CoinShares Physical Staked Toncoin (CTON) ETP on Switzerland’s SIX exchange, offering regulated exposure to Toncoin. The product provides a 2% annual staking yield and highlights growing institutional interest in blockchain-driven inno...
**CoinShares Launches Toncoin ETP, Signaling Growing Institutional Interest in Blockchain-Driven Innovation**
In a significant move toward bridging traditional finance and blockchain technology, CoinShares, Europe’s leading digital asset manager, has launched the **CoinShares Physical Staked Toncoin (CTON)** exchange-traded product (ETP), offering investors regulated exposure to Toncoin, the native cryptocurrency of Telegram’s The Open Network (TON). This development, alongside a separate partnership between Nordic exchange Safello and Deutsche Digital Assets (DDA) to introduce the first-ever Bittensor (TAO) ETP, underscores a broader institutional shift toward investment products that merge blockchain innovation with real-world applications in communication, finance, and artificial intelligence.
### **CoinShares’ CTON ETP: A Gateway to TON’s Ecosystem**
The CTON ETP, now trading on Switzerland’s SIX exchange, provides direct exposure to Toncoin while automatically generating a **2% annual staking yield** through network validation rewards. This product targets both institutional and retail investors seeking regulated access to one of the fastest-growing blockchain ecosystems.
Toncoin’s integration with Telegram, a messaging app with over 900 million users, positions TON as a unique player in the blockchain space. The TON blockchain boasts exceptional technical capabilities, including a throughput capacity of over 104,000 transactions per second, according to reports. CoinShares highlighted this combination of “technical performance with existing market reach,” noting TON’s potential to drive large-scale blockchain adoption through its deep integration with Telegram.
Despite a 50% decline in Toncoin’s market cap over the past year, the CTON launch provided a modest price boost, with TON rising nearly 5% to $2.30 on the day of the announcement. The ETP’s availability in U.S. dollars further enhances accessibility for European investors.
### **Bittensor ETP: Fueling Decentralized AI**
In a parallel development, Nordic exchange Safello partnered with Deutsche Digital Assets (DDA), a firm backed by Deutsche Bank, to introduce the **first-ever Bittensor (TAO) ETP**. This product reinvests staking rewards, offering exposure to Bittensor’s decentralized AI infrastructure. By linking blockchain with artificial intelligence, the Bittensor ETP reflects growing institutional interest in projects that address real-world challenges through technological innovation.
These launches collectively signal a transformative trend: the convergence of blockchain, AI, and traditional finance. As institutions increasingly prioritize products that align with tangible applications—whether in social media, finance, or AI—blockchain ecosystems are gaining legitimacy as viable investment avenues.
### **Broader Implications for the Crypto and Finance Sectors**
The CTON and Bittensor ETPs highlight the accelerating integration of crypto assets into mainstream financial systems. CoinShares’ expansion into Toncoin follows its existing lineup of crypto-focused vehicles, such as the CoinShares Altcoins ETF (DIME), which offers exposure to assets like Solana and Cardano. Meanwhile, Telegram’s ecosystem continues to evolve, with recent innovations like the “Wallet in Telegram” app enabling tokenized stocks and ETFs through its xStocks platform.
As regulatory frameworks mature and institutional appetite grows, these ETPs represent a pivotal step toward a future where blockchain technology is not just an experimental tool but a cornerstone of global finance and innovation.
**Conclusion**
The debut of the CTON ETP and Bittensor ETP marks a turning point in the crypto industry, demonstrating how blockchain projects are increasingly being tailored to meet the demands of institutional investors. By combining cutting-edge technology with real-world utility, these products are paving the way for a new era of finance—one where innovation and regulation work in tandem to unlock unprecedented opportunities.