TRON DAO Celebrates TRXS ETF Launch at Cboe
- TRON DAO marked the listing of TRXS, an exchange-traded product offering staked exposure to TRX, by ringing the closing bell at Cboe Global Markets in Chicago.
- The TRXS fund was listed on Cboe on September 9 and aims to provide exposure to the spot price of TRX, while also earning additional TRX through staking.
- TRON supports over $94 billion in circulating Tether (USDT), processing approximately $6.1 trillion in USDT transfer volume year-to-date.
- As of September, the TRON blockchain has recorded over $28 billion in total value locked (TVL) and more than $15 billion in total transactions.
The launch of the ETF demonstrates growing recognition of the TRON DAO network as a key infrastructure for digital finance, providing institutions with new ways to engage with blockchain technology. The significant figures reflect its role in stablecoin transactions and decentralized finance applications.
The listing of TRXS on Cboe highlights TRON’s expanding presence in traditional financial markets, with its substantial USDT activity underscoring its importance in global payments and blockchain-based applications. (Source)
