The Open Network (TON) Foundation has significantly bolstered the security and institutional capabilities of its blockchain by becoming a client of Crypto.com Custody.
They plan on becoming a premier provider of institutional-grade digital asset custody services.
The move marks an important milestone in the ongoing collaboration between the TON Foundation and Crypto.com.
The new partnership highlights a shared vision to improve the security, usability, and accessibility of blockchain-based services.
As part of this partnership, TON gains access to robust custodial infrastructure that allows for the secure management and staking of digital assets across its network.
Enhanced Custodial Features Support Staking and Stablecoins on TON
By utilizing Crypto.com Custody, TON Foundation can now securely stake TON tokens and earn rewards while keeping its assets safely stored.
In addition, the custody integration offers access to Jettons, custom tokens on the TON Blockchain, including support for USDT and other stablecoins that may launch on TON in the future.
The development is a key part of TON’s broader strategy to expand institutional use of its blockchain.
They aim to offer both security and financial incentive mechanisms that appeal to professional investors and large-scale asset managers.
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Crypto.com Affirms Commitment to Institutional Clients
Eric Anziani, President and COO of Crypto.com, emphasized the company’s focus on advancing institutional custody services.
“We continuously invest in our institutional custody offering to provide the best-in-class platform that consistently exceeds the needs of institutional clients globally,” Anziani stated.
He added that Crypto.com is proud to support TON Foundation’s custody requirements, offering its clients seamless access to the TON ecosystem through this partnership.Â
The alignment underscores Crypto.com’s broader goal of building a trusted infrastructure layer for blockchain adoption among institutions.
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TON Blockchain Built for Speed, Scale, and Security
TON continues to position itself as a high-performance, scalable multi-blockchain platform engineered for mass adoption.
The network employs sharding technology, which enables millions of transactions per second by distributing processing loads across multiple parallel chains.
The architectural advantage makes TON uniquely suited for large-scale applications and financial transactions.
The integration with Crypto.com Custody complements this technological foundation by ensuring secure asset management, a critical component for institutional engagement and enterprise use cases.
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Strategic Move to Expand Institutional Adoption of TON
Glenn Brown, VP of Business Development at TON Foundation, expressed enthusiasm for the partnership, calling it a strategic step toward enhancing asset management on the blockchain.
“We are excited to become a client of Crypto.com Custody,” Brown stated, adding that the partnership provides institutional-grade tools for managing TON-based assets with security and confidence.Â
As both organizations continue to push the envelope on infrastructure and adoption, interested institutional clients are encouraged to contact Crypto.com Custody.
The plan is to get it done through its official channels to explore partnership opportunities and custody solutions tailored for the TON Blockchain.
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