LAS VEGAS -- TON Strategy Company (Nasdaq: TONX) (the “Company”), a digital asset treasury company committed to holding Toncoin ($TON), celebrated the launch of $TON trading on Gemini, Robinhood, and Zengo. The listings expand access to one of the top 25 cryptocurrencies by market capitalization.
“Today marks an important moment for the TON ecosystem, with $TON now more accessible to millions of investors through three widely used platforms,” said Manuel Stotz, Executive Chairman of TON Strategy Company. “These listings serve as a powerful indicator of the growing recognition of $TON’s utility and relevance - and reinforces our conviction as a contributor to network stability. I expect increased access to $TON will drive greater usage, attract new users and increase the utility of the blockchain.”
$TON is the native token of The Open Network (TON), a Layer-1 blockchain exclusively integrated into Telegram, where it powers payments, digital property, and decentralized applications across a platform with more than 1 billion monthly active users.
“These listings are further evidence of the ecosystem’s broadening adoption, which we believe strengthens the value proposition for TON Strategy Company as the first and largest public company dedicated to $TON,” Mr. Stotz added. “We believe they show that $TON is solidifying its position in the mainstream, with broader availability on platforms used by everyday investors. It’s a signal of growing confidence in the network’s utility, from payments and apps to a billion-user social platform.”
TON Strategy Company became the first publicly traded treasury vehicle dedicated to $TON following the completion of a $558 million private placement. The Company executes its mission of steadily expanding exposure to $TON and contributing to the TON ecosystem through disciplined capital allocation, permanent balance-sheet capital, and staking of $TON.
Today’s listings of $TON follows recent milestones for TON Strategy Company. These include:
·Accumulation of $780 million in treasury assets[1]
·Approval and launch of an up to $250 million stock buyback program, with Cantor Fitzgerald & Co. appointed as buyback agent
·Publication of the Company’s first Chairman’s Message, setting goals to surpass 5% of TON supply (in treasury holdings), expand staking revenues, and pursue tokenization of its own stock
“Each of these developments signals the growing momentum of TON Strategy Company,” said Veronika Kapustina, CEO of the Company. “At the same time, today’s listings are an important milestone for $TON, expanding access and adoption across mainstream platforms - a positive outcome for the entire ecosystem.”
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