TRON DAO Celebrates Canary Staked TRX ETF (Ticker: TRXS) Debut With Cboe Closing Bell in Chicago
TRON DAO will ring Cboe Global Markets’ closing bell in Chicago to celebrate TRXS, a listed exchange-traded product that provides staked exposure to TRX, TRON’s native token. Listed on Cboe on September 9, TRXS seeks to track TRX’s spot price and generate additional TRX through TRON’s delegated proof-of-stake system, with staking rewards reflected in the fund’s NAV. The listing expands institutional access to TRON through brokerages and signals growing acceptance of TRON in traditional finance. TRON is a major stablecoin network, supporting more than $94 billion in circulating USDT and processing about $6.1 trillion in USDT transfers year-to-date. The network is positioned as infrastructure for DeFi, payments, and blockchain applications, with over 405 million accounts, 15 billion transactions, and more than $28 billion in TVL.
