🪙Zodia Custody Adds Support for Jetton Tokens for Institutional Investors

Zodia Custody, a joint venture of Standard Chartered, has integrated the Jetton token standard from the TON ecosystem.

Now institutional investors are able to securely store and manage native TON assets such as STON - the governance token of the decentralized automated market maker StonFi.

The integration was carried out in collaboration with StonFi and its investor CoinFund, who were seeking a reliable custodial solution for storing STON. CoinFund had successfully raised funding for StonFi in May 2024.

As Zodia Custody's Chief Risk Officer, Anosh Arevshatian has said, Jetton token support expands institutional investors' opportunities and enhances accessibility to the TON ecosystem.

StonFi representative Martin Masser noted that institutional clients had long been requesting custodial services for Jetton tokens. Now, investors who previously lacked access to TON DeFi can get that chance.

Integrating Jettons into Zodia Custody is another step towards welcoming institutional investors in TON, paving the way for major market players to enter the Telegram ecosystem.

Your Jetton @TonPost