CoinShares Launches Toncoin ETP Amid Market Activity

CoinShares, a leading European crypto asset management firm, has launched a new investment product linked to Toncoin, the native cryptocurrency of The Open Network (TON). Following its merger with Vine Hill Capital Investment Corp., CoinShares has introduced an exchange-traded product (ETP) for Toncoin, titled ‘CoinShares Physical Staked Toncoin’. This ETP started trading on Switzerland’s SIX stock exchange under the ticker CTON.