Crypto.com, the leading global exchange trusted by over 100 million users, has announced the native integration of Tonstakers, the largest liquid staking protocol on the TON Blockchain, as its exclusive provider for TON staking.
Tonstakers, responsible for over 75% of the total liquid staked Toncoin, is the preferred solution for those seeking access to TON-based liquid staking. This collaboration offers Crypto.com’s vast user base an easy and secure method to stake Toncoin directly on-chain. The partnership makes Tonstakers accessible to Crypto.com users worldwide.
This integration follows the recent launch of Tonstakers Earn, a cross-ecosystem liquidity pool offering users diversified earning options by providing tsTON to external DeFi protocols where users are able to earn additional rewards, leverage their staking position, or mint overcollateralized stablecoins.
The project’s TVL, which currently exceeds 60mn TON ($235mn at the time of writing), is set to grow significantly with this partnership as the integration into one of the world’s largest exchanges makes TON’s DeFi ecosystem readily accessible to millions of new users. Already accessible directly in the Telegram messenger application via TON Space, this latest integration will greatly expand the reach of the liquid staking protocol and introduce new users to the growing Web3 ecosystem in Telegram.
TON’s ecosystem has been attracting significant interest from major players recently, with Toncoin and other TON-based jettons like Notcoin and DOGS listed on Kraken earlier this month. The native integration of Tonstakers into Crypto.com comes as TON’s ecosystem undergoes a new wave of expansion, with TON-based DeFi set to return to the fore following a period of consolidation following the explosive growth the sector saw in summer 2024. With its recently expanded partnership with Telegram making it the exclusive blockchain for Telegram’s Web3 ecosystem, TON Blockchain could be the platform to finally bring DeFi into the mainstream.
Roman D, Tonstakers CEO, mentioned “This partnership simplifies access to TON staking for millions of users worldwide, enabling them to receive competitive rewards and boosting DeFi adoption within the ecosystem. Each partnership we form with world-leading platforms like Crypto.com increases accessibility and boosts liquidity within TON ecosystem.”
This partnership follows Tonstakers’ recent flurry of integrations with other major platforms, such as Bybit, OKX, Bitget, and Gate.