Europe's leading digital asset manager delivers institutional access to TON, the blockchain powering Telegram's 900+ million usersSAINT HELIER, Jersey, Oct. 28, 2025 /PRNewswire/ -- CoinShares International Limited ("CoinShares" or "the Group") ((Nasdaq Stockholm: CS, OTCQX:CNSRF), with an announced merger with Vine Hill Capital Investment Corp (NASDAQ:VCIC), a global leading asset manager specialising in digital assets with over $10 billion in assets under management, today launched the CoinShares Physical ...

Core Insights - CoinShares has launched the CoinShares Physical Staked Toncoin (CTON), a regulated exchange-traded product providing institutional access to TON, the blockchain integrated with Telegram's 900+ million users [1][2][3] Group 1: Product Launch and Features - The CoinShares Physical Staked Toncoin (CTON) offers exposure to TON and is designed for European investors, extending the existing market footprint of CoinShares [1][10] - The product features a 0% management fee, a 2% staking yield from network validation rewards, and is physically backed with direct 1:1 exposure to underlying TON tokens [9][10] - CTON will begin trading on the SIX Swiss Exchange, allowing transactions in USD similar to traditional securities [9][10] Group 2: Market Context and Strategic Positioning - CoinShares identifies Toncoin as a compelling opportunity within the layer 1 blockchain landscape, particularly due to its integration with Telegram, which provides a significant user base and established infrastructure [3][4] - The blockchain's high-performance capabilities, with over 104,000 transactions per second, enhance its market reach and technical performance [4][5] - CoinShares aims to bridge the gap between traditional digital services and decentralized infrastructure, aligning with its hybrid finance investment thesis [5][6] Group 3: Company Background - CoinShares is a leading global digital asset manager with over $10 billion in assets under management, providing a range of financial services to various clients [1][8] - The firm is regulated in multiple jurisdictions, including Jersey, France, and the US, and is publicly listed on Nasdaq Stockholm [8]