TON Offers UAE Golden Visa for $100K Staked, Promises 3–4% Yields
The Open Network (TON) has introduced a pathway to UAE residency through a 10-year Golden Visa for applicants who stake $100,000 in Toncoin (TON) for three years and pay a $35,000 processing fee. The visa processing will be managed by UAE-based partners, allowing applicants to retain control of their assets via a decentralized smart contract on the TON blockchain. The program offers estimated annual yields of 3% to 4% on staked assets and extends coverage to immediate family members without additional costs. This initiative significantly lowers the entry cost compared to traditional UAE Golden Visa routes, which typically require a minimum investment of $540,000. Following the announcement, Toncoin's price increased over 10%. The program aligns with the UAE's strategy to become a leading blockchain hub, supported by recent regulatory approvals for crypto innovations and an influx of crypto companies in Dubai.
