21Shares Revolutionizes Crypto Staking with Launch of 21Shares Toncoin Staking ETP

21Shares, the leading issuer of cryptocurrency exchange traded products (ETPs), announces the launch of the 21Shares Toncoin Staking ETP, providing investors with an effortless way to participate in the staking ecosystem and earn rewards. The ETP offers exposure to Toncoin, a decentralized layer 1 blockchain with a Proof-of-Stake consensus model, without the complexities of setting up and managing a staking node. Investors can leverage the liquidity and convenience of traditional financial markets while benefiting from the staking rewards offered by the TON network.

21Shares Revolutionizes Crypto Investment with 21Shares Toncoin Staking ETP

ZURICH, March 27, 2024 – 21Shares AG ("21Shares"), the global leader in cryptocurrency exchange-traded products (ETPs) and a subsidiary of 21.co, today proudly unveils the launch of the 21Shares Toncoin Staking ETP. This groundbreaking product empowers investors with an unparalleled opportunity to seamlessly participate in the staking ecosystem and effortlessly earn rewards.

The 21Shares Toncoin Staking ETP is an innovative solution for investors seeking exposure to staking rewards without the complexities of setting up and managing a staking node. With our ETP, investors can now reap the benefits of staking Toncoin while leveraging the liquidity and convenience of traditional financial markets.

"Our 21Shares Toncoin Staking ETP unlocks a new era of investment, providing a frictionless gateway to staking rewards within the blockchain ecosystem," remarked Ophelia Snyder, Co-Founder & President of 21Shares. "We remain steadfast in our commitment to equipping investors with cutting-edge products like the Toncoin Staking ETP, driving the evolution of blockchain investment opportunities."

Key Features of the 21Shares Toncoin Staking ETP

• Toncoin (TON): A decentralized layer 1 blockchain, known as "The Open Network" following its acquisition by the TON Foundation, Toncoin serves as the native currency of the TON network.
• Proof-of-Stake (PoS) Consensus: TON employs a PoS consensus model to ensure scalability and network reliability, facilitating fast, transparent, and cost-effective payment services.
• Mission: The Open Network aims to establish a comprehensive ecosystem of user-facing services, including a decentralized storage solution, a decentralized VPN, a payment platform, and a native wallet for holding crypto directly within the messaging app. Its community-driven approach and adaptable architecture cater to the needs of everyday consumers.
• Scalability: TON's advanced scalability enables rapid settlement of transactions in a cost-efficient manner, fostering robust network growth without compromising environmental sustainability.
• Endorsement by Telegram: Despite their separation, Telegram remains committed to blockchain innovation, endorsing TON as its preferred platform for web3 infrastructure.

Seamless Access to Staking Rewards

The 21Shares Toncoin Staking ETP will be available for trading on the SIX Exchange starting Wednesday, 27th March 2024, providing investors with a hassle-free method to engage with Toncoin staking and capitalize on the potential rewards offered by the staking ecosystem.

Additional Information

For further information on the 21Shares Toncoin Staking ETP, please visit: https://21shares.com/product/TONN

About 21.co/21Shares

21.co is the global leader in providing access to crypto through user-friendly and accessible products. As the parent company of 21Shares, the largest issuer of cryptocurrency ETPs globally, 21.co leverages its proprietary technology platform, Onyx, to develop and operate ETPs for 21Shares and third-party clients. Established in 2018 by Hany Rashwan and Ophelia Snyder, 21.co is headquartered in Zurich, Switzerland, with offices in London and New York. Visit 21Shares for further details.

Disclaimer

This document does not constitute an offer to sell or a solicitation to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor any of its contents should be relied upon in connection with any offer or commitment whatsoever or for any other purpose in any jurisdiction. Investment advice should not be inferred from this document.

This document and its contents are not intended for distribution in or into (directly or indirectly) the United States, Canada, Australia, Japan, or any other jurisdiction in which such distribution or release would be unlawful.

The securities of 21Shares AG to which this document relates have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States without registration or an applicable exemption from, or in a transaction not subject to, the registration requirements thereof. There will not be a public offering of securities in the United States.

Within the United Kingdom, this document is only being distributed to and is directed at: (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order; or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company; or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply.

The securities are only available to, and any invitation, offer, or agreement to subscribe, purchase, or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act on or rely on this document or any of its contents.

Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129, the Issuer's Base Prospectus (EU) is available on the Issuer's website at www.21Shares.com.

The approval of the Issuer's Base Prospectus (EU) should not be construed as an endorsement by the Swiss Financial Market Supervisory Authority (FINMA) of the securities offered or admitted to trading on a regulated market. Eligible potential investors should thoroughly review the Issuer's Base Prospectus (EU) and relevant Final Terms prior to making an investment decision in order to comprehend the potential risks associated with investing in the securities.

This document is an advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the "FinSA") and not a prospectus. The 2023 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with SIX Exchange Regulation AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2023 Base Prospectus and the key information document for any products may be accessed on 21Shares AG's website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).