TRON DAO Rings Closing Bell on Cboe Following Listing of Staked TRX ETF
TRON DAO celebrated the listing of its staked TRX ETF (Ticker: TRXS) on Cboe Global Markets' trading floor in Chicago with a closing bell ceremony. This milestone marks the growing adoption of the TRON network across traditional financial markets, allowing institutions to access TRX through participating brokerages.
The Fund, listed on September 9, seeks to provide exposure to the spot price of TRX and earn additional TRX through participation in the delegated proof-of-stake validation process. The net staking rewards are reflected in the Fund's net asset value.
Cboe Global Markets' CBOE closing bell ceremony was attended by Justin Sun, founder of TRON, who praised Canary Capital's leadership in bringing TRX to the ETF market. He noted that this demonstrates growing recognition of the TRON network as critical infrastructure for the global digital economy.