Summary
Two new crypto funds will pass staking rewards to investors, including exposure to Polygon’s MATIC token. TruMATIC token offered through Laser Digital’s Polygon Adoption Fund. TruMATIC increases in value as MATIC staking rewards accrue. Fund available to institutional investors in the UK. 21Shares introduces Toncoin Staking ETP offering hassle-free access to staking rewards. Toncoin’s staking reward rate is about 4.1%. 21Shares offers 40 ETPs listed on 11 exchanges. Company also collaborating with Ark Invest to launch a US spot bitcoin ETF.
Key Points
1. Two new crypto funds are set to pass along staking rewards to investors.
2. The TruStake vault has posted a MATIC yield of about 5% annual percent yield in the last nine months, according to Laser Digital.
3. The Polygon Adoption Fund uses the Polygon AggLayer to connect zero-knowledge technology-enabled layer-1 or layer-2 blockchains for cross-chain transactions almost instantly.