Coinbase Prime opens institutional staking for TON, expanding its proof-of-stake lineup

Coinbase Prime has added staking support for Toncoin, giving institutional investors a new way to earn yield on the token tied to The Open Network. The service, which references $TON under the ticker $GRAM, marks another expansion of Coinbase’s institutional staking infrastructure. For a blockchain that started life as a Telegram side project before being handed off to the open-source community, landing on Coinbase’s institutional platform is a significant credibility boost. What Coinbase Prime actually does Coinbase Prime is the company’s institutional brokerage arm, designed for hedge funds, asset managers, and other large-scale investors who need more than a retail trading app. The platform already supports staking for several major proof-of-stake assets, including Ethereum, Solana, and Avalanche. Rewards on these assets are paid directly to staking wallets, minus Coinbase’s fees. The platform has maintained zero slashing incidents across its staking operations. Total staked assets on the platform surpassed $2 billion by late 2025, driven partly by a partnership with staking infrastructure provider Figment. TON’s staking ecosystem was already busy The Open Network operates its o...