21Shares Launches Collateralized ETP TONN, TON Surges 150% in March
According to a report by The Block, ETF issuer 21Shares has launched a Toncoin collateralized exchange-traded product (ETP) called TONN on the Swiss SIX Exchange, which rewards investors with collateralized rewards but charges a 2.5% annual fee. The positive news surrounding Telegram, the communication application highly related to TON, has recently driven a 150% surge in TON in March.
