Coinbase Prime offers institutional-grade staking for TON
Summary
Coinbase Prime has announced the launch of TON staking, allowing institutions to engage in secure, institutional-grade staking for $TON, which was rebranded to Gram with the ticker GRAM in June 2026 following community governance approval. This service is integrated into the custody, trading, and reporting platform that institutions already trust, leveraging Coinbase Prime's secure, validator-managed processes to support the growing demand for staking in cryptocurrencies, aided by recent upgrades to The Open Network that enhance performance and capacity.
Tokens
$TON
Analysis
TON: The Open Network (TON) is a blockchain platform originally developed in connection with Telegram, focused on high-throughput applications and consumer-facing use cases. It recently completed network upgrades under the MTONGA roadmap to enhance speed, scalability, and efficiency. Institutions can now stake its native token through Coinbase Prime's institutional services. GRAM: GRAM is the native token of The Open Network blockchain, rebranded from Toncoin in June 2026 after a community vote. The change updated only the name and ticker while preserving all balances, addresses, and on-chain functionality. It is now available for institutional-grade staking on Coinbase Prime. Coinbase Prime: Coinbase Prime is Coinbase's institutional platform offering integrated custody, trading, financing, and staking services for digital assets. It provides secure, regulated access tailored for institutions managing large-scale crypto operations. The addition of TON staking expands its supported assets on this established infrastructure. Token Rebrand: The native token of The Open Network was officially renamed Gram with ticker GRAM in June 2026 following community governance approval. Network Upgrades: The Open Network has implemented upgrades including faster block times, reduced transaction fees, and expanded validation capacity to improve performance and support larger-scale applications. Institutional Staking: Coinbase Prime enables institutions to stake supported assets directly within its custody and trading platform using secure, validator-managed processes.
Categories
cryptobasedefihyperliquid
Related sources
- https://help.coinbase.com/en/prime/staking/introduction
- https://cryptonews.net/news/altcoins/33474646/
- https://crypto.com/en/product-news/ton-gram-token-rebranding
- https://bigone.zendesk.com/hc/en-us/articles/58905997846681-BigONE-Will-Support-Toncoin-TON-Token-Swap-and-Rebranding-to-Gram-GRAM
- https://crypto.news/the-make-ton-great-again-roadmap-3-steps-left-explained/
- https://docs.cdp.coinbase.com/prime/concepts/staking/staking
- https://support.bitrue.com/hc/en-001/articles/58878591714841-Bitrue-Will-Rebrand-Toncoin-TON-to-Gram-GRAM
- https://shuffle.com/blog/what-is-gram-crypto
- https://www.coinbase.com/en-ca/prime
- https://www.coinbase.com/en-ca/institutional/research-insights/resources/overviews/how-coinbase-protects-staked-assets
- https://help.coinbase.com/en/prime/staking/stake
- https://www.coinbase.com/en-ca/institutional/research-insights/resources/education/staking-essentials-institutions
- https://www.theblock.co/news/business/2026-06-08-ton-strategy-may-staking-3-3-million-network-upgrades-effect-403992
- https://pro.edgex.exchange/en-US/news/article/ston-fi-cross-chain-swaps-ton-tron
- https://messari.io/report/state-of-the-open-network-q1-2026
- https://help.coinbase.com/en/prime/staking/entities
- https://en.cryptonomist.ch/2026/06/17/make-ton-great-again-roadmap/
- https://crypto.news/what-is-gram-the-complete-guide-to-the-toncoin-rebrand/