CoinShares rebrands Toncoin Staking ETP to CoinShares Gram Staking ETP

CoinShares is renaming its Toncoin Staking ETP. The product formerly known as CTON now goes by the CoinShares Gram Staking ETP, with the change effective June 15, 2026. The fund itself is not changing. The token it holds is. Toncoin has become Gram, and the exchange-traded product is following it. The rebrand also completes a loop that began in 2018. Gram was the name Telegram originally chose for this asset, years before regulators got involved. What is actually changing Mostly the label. According to CoinShares, the product remains 100% physically backed. Each unit is supported by real tokens held in reserve, not by a derivative or a promise. It also still charges 0% in management fees. The staking component carries over too. Staking rewards earned on the underlying tokens are shared with investors. The underlying blockchain keeps its name. The network is still called The Open Network, or TON. Only the token has been renamed, from Toncoin (TON) to Gram (GRAM). Holders do not need to do anything. No migrations or token swaps are required. It is a rename, not a redesign. A community vote and a return to Telegram The rename was approved by token holders. A community vote held from J...