TON Strategy Company Welcomes Coinbase’s Launch of $TON Trading Across Global Platforms
TON Strategy Company (NASDAQ: TONX), a digital asset treasury company dedicated to holding Toncoin ($TON), today welcomed Coinbase Markets’ announcement that $TON spot trading will begin across Coinbase’s retail, advanced, institutional, and international platforms.
Spot trading for $TON goes live on 18 November, 2025, with the $TON-USD trading pair opening on or after 9:00 a.m. PT, subject to liquidity conditions. $TON will be available on coinbase․com, the Coinbase mobile app, and Coinbase Advanced, with institutional access supported directly through Coinbase Exchange.
The listings represent another step in expanding global access to $TON, the native token of The Open Network (TON) – a high-throughput Layer-1 blockchain integrated with Telegram and designed to scale to more than a billion users. It also reflects growing institutional recognition of TON’s trajectory and underscores the ecosystem’s expansion across major global platforms.
“This is an encouraging development for the $TON ecosystem,” said Veronika Kapustina, Chief Executive Officer of TON Strategy Company. “Every new venue that lists $TON broadens access, deepens liquidity, and helps accelerate adoption where demand is already strong. TON is a major Layer-1 with meaningful real-world usage, and greater market attention always felt inevitable. We look forward to seeing custody and staking support expand over time as well — both are important components of a fully developed market infrastructure.”
Telegram’s Mini App economy continues to grow rapidly, with more than one billion users able to transact, earn, save, and hold digital assets directly inside the messenger. TON enables users to move value globally through low-cost, near-instant payments; maintain on-chain digital identity; interact with a widening universe of mini-apps and services; and participate in a global marketplace without a separate exchange account.
Today’s launch follows recent $TON trading expansions on Gemini, Robinhood, and Zengo, marking continued momentum across major platforms and strengthening the global market infrastructure surrounding $TON — from spot access to the building blocks of a deeper institutional ecosystem.
Against this backdrop of growing international adoption, TON Strategy Company continues to advance its long-term strategy of providing transparent, regulated access to the $TON ecosystem. The Company reported last week that, as of September 30, 2025, it held digital assets with a fair value of $588.2 million, supported by $53.9 million in cash and restricted cash. The treasury reached 217.8 million units of $TON, generating 336,000 units in staking rewards during the quarter and producing $707,000 in staking revenue through scaled validator operations. Total stockholders’ equity rose to $639.5 million, representing a book value of $10.82 per share – underscoring the Company’s disciplined execution, regulatory rigor, and commitment to delivering institutional-grade, long-only exposure to the TON ecosystem.

