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Normal Chartered’s custody division has initiated institutional support for Jetton standard tokens issued on The Open Network (TON) blockchain.
Zodia Custody, a cryptocurrency custodian catering to institutional investors and a subsidiary of Normal Chartered, has rolled out support for Jetton tokens, which are commonly utilized for issuing digital assets on TON.
Similar to Ethereum’s ERC-20, Jetton facilitates smart contracts and allows users to create their own tokens, referred to as Jettons, within The Open Network. Further information regarding the Jetton standard can be found on the TON Foundation blog.
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The first asset introduced to the platform is STON, a governance token for the DEX STON.fi. This token was integrated for a specific client, the investment firm CoinFund, which is actively backing the initiative.
According to the press release, Zodia Custody’s support for Jettons will empower institutional investors to engage more actively within the TON ecosystem, providing access to both banking and blockchain infrastructure while ensuring enterprise-level security, operational effectiveness, and 24/7 asset availability.
Currently, there are approximately 40 Jettons within The Open Network ecosystem, as per Tonscan data.
Recently, Telegram and the TON Foundation entered into an exclusive agreement, establishing The Open Network’s blockchain infrastructure as the official foundation for all Web3 solutions within the Telegram ecosystem.
Сообщение Institutional Traders Gained Access to TON-Primarily based Tokens появились сначала на CoinsPaid Media.
