CoinShares Rolls Out TON ETP with 0% Fees and 2% Staking Yield

Highlights:

• CoinShares rolls out TON ETP to give European investors institutional access to Telegram’s growing blockchain ecosystem.
• The ETP offers 0% management fees and a 2% staking yield for competitive returns.
• It extends CoinShares’ institutional digital asset products in Europe.

CoinShares, the largest digital asset manager in Europe, has launched a new exchange-traded product that enables investors to be part of The Open Network (TON), a blockchain closely linked to Telegram. The initiative expands institutional exposure to blockchain resources as European demand for diversified exposure grows.

Toncoin ETP to Offer Regulated Access to Telegram-Integrated Blockchain

CoinShares launched the CoinShares Physical Staked Toncoin, a capital asset traded under regulation, which gives an investor 1:1 exposure to TON. The ETP has no management expenses and pays an annual staking yield of 2%, which gives it a competitive advantage among the institutional players. Moreover, it trades in USD on the SIX Swiss Exchange and is aligned with the broad European market coverage of CoinShares.

CoinShares rolling out TON ETP comes after a strategic merger between the firm and Vine Hill Capital Investment Corp., which holds a global reach of over $10 billion in assets under management. This collaboration highlights the objective of CoinShares to combine traditional finance with blockchain innovation.

European investors,

We are pleased to announce the launch of the CoinShares Physical Staked Toncoin ETP!

This is a 100% physically-backed, zero-fee ETP which provides secure exposure to @ton_blockchain, as well as 2% staking yield.

As always, ifully transparent. pic.twitter.com/uKyFkgMdLx

— CoinShares (@CoinSharesCo) October 28, 2025

According to Jean-Marie Mognetti, CEO and co-founder of CoinShares, TON is a new development in the blockchain infrastructure. He stated that the incorporation of TON into Telegram developed a connection between developed digital services and decentralized ecosystems. Mognetti further explained that the company intends to provide practical blockchain exposure that is related to real-world adoption.

Bridging Blockchain and Real-World Utility

TON is characterized by its performance and scalability, which serve more than 104,000 transactions per second. Telegram, with 900 million active users, provides TON with high-speed blockchain functionality alongside a massive and pre-established user base. This integration provides the network with a distinct advantage relating to linking daily communication devices with finance applications.

The move by CoinShares to launch TON exposure indicates institutional confidence in the projects that offer real-world functionality. The ETP aligns with the hybrid finance approach implemented by CoinShares, which targets blockchain projects with existing user bases.

Furthermore, the ETP incorporates staking rewards into its framework. This consequently provides the investors with other levels of yield without requiring technical complexities. Consequently, it becomes one of the most effective blockchain ETFs in Europe.

Expanding Institutional Exposure Across Markets

CoinShares has already added Toncoin under its U.S.-listed Altcoin ETF (Ticker: DIME). The new European product extends that exposure while adding staking advantages that are not available in the traditional ETFs. The program highlights the commitment of CoinShares to introduce institutional investors to innovative products in the regulated digital asset sector.

Introducing the CoinShares Altcoins ETF (DIME)

We’re excited to launch DIME, an ETF providing exposure to a basket of alternative cryptocurrencies through exchange traded products (ETPs) listed on traditional exchanges in the U.S., Canada or Europe.

DIME offers diversified… pic.twitter.com/4a1SUpUBb4

— CoinShares (@CoinSharesCo) October 8, 2025

Although the price of Toncoin has dropped by almost 60% over the last year, the introduction of CoinShares is an indication of confidence in its long-term potential. Toncoin holds a market capitalization of $5.7 billion and is the 23rd-largest cryptocurrency at the time of writing, trading around $2.29.

Meanwhile, the crypto ecosystem of Telegram is developing. The third-party application, Wallet in Telegram, recently introduced tokenized stocks and ETFs by using xStocks, which marks a broader adoption of financial systems in the messaging platform.