21shares' Toncoin ETP Reaches Over $100 Million in Assets Under Management

21shares, a company focused on providing crypto-based exchange-traded products (ETP), recently highlighted the growth of its Toncoin-focused product. The organization, which manages over $3 billion for its customers, celebrated the milestone of its Toncoin Staking ETP reaching over $100 million in assets under management (AUM). The product has become the most popular TON tracking option in Europe after being launched just months ago. Tom Wan, Associate, BD & Strategy at 21shares, highlighted the growth of the TON network: “It is an emerging ecosystem with a lot of potential, gaming, payment, and more,” he stressed.