Bullish

Cboe lists TRXS ETP offering staked exposure to TRON’s TRX

2 min

Geneva, Switzerland, September 29, 2026 — TRON DAO marked the Cboe Global Markets closing bell in Chicago to commemorate the listing of TRXS, an exchange-traded product that provides staked exposure to TRX, the native token of the TRON network. TRXS listed on Cboe on September 9 and offers institutions access to TRX via participating brokerages.

Key details on TRXS

  • Objective: Track the spot price of TRX and earn additional TRX through participation in TRON’s delegated proof-of-stake validation.
  • Mechanism: Net staking rewards are reflected in the fund’s net asset value.
  • Sponsor: Brought to market with Canary Capital; listing venue: Cboe.

Statements

Justin Sun, TRON founder, credited Canary Capital and Cboe, stating that the product broadens institutional participation in the TRON network and recognizes TRON’s role in digital economy infrastructure.

TRON network metrics

  • Stablecoin activity: Supports more than $94 billion of Tether (USDT) in circulation on TRON.
  • Throughput: Highest USDT transfer volume across blockchains, approximately $6.1 trillion year-to-date.
  • Network attributes: Speed, scalability, and low transaction costs for DeFi, global payments, and blockchain applications.

About TRON DAO

  • Launch timeline: TRON founded in September 2017; MainNet launched May 2018.
  • Ecosystem scale as of September 2026: Over 405 million user accounts, more than 15 billion total transactions, and over $28 billion total value locked according to TRONSCAN.
  • Positioning: Acts as a global settlement layer for stablecoin transactions and everyday purchases.

More information on TRXS: canaryetfs.com/trxs/

Contacts

Media Contact
Yeweon Park
press@tron.network