On August 28, 2025, Robinhood announced the listing of Toncoin, opening access to the cryptocurrency for over 26.7 million users in the U.S.
Robinhood's Newest Addition of Toncoin
Robinhood has officially added Toncoin (TON) for trading, significantly expanding the token's accessibility. This decision was announced through Robinhood's social media. Leadership from the TON Foundation, associated with the Telegram ecosystem, has not yet commented on the event.
Market Reactions and Investor Interest
Following the announcement of the listing, the price of Toncoin surged approximately 5%, and trading volume increased by 60%, reaching $280 million daily. This move signals heightened institutional interest in the asset, with $400 million backing at the infrastructure level. Vlad Tenev, CEO of Robinhood, stated: 'This is a significant step for us as we expand our offerings and help our users access new opportunities in the crypto space.'
Regulatory Aspects and Market Trends
Compliance with U.S. regulatory standards facilitated a smooth listing process. There has been no immediate government reaction, indicating regulatory adherence. The listing of Toncoin resembles past instances on Robinhood, which often lead to short-term spikes followed by stabilization.
The addition of Toncoin to Robinhood's platform marks a shift in the dynamics of the cryptocurrency market and a growing interest from institutional investors. This event could significantly impact the overall cryptocurrency investment landscape.
