TRON DAO Rings Cboe Closing Bell for TRXS ETF Launch
TRON DAO celebrated the listing of TRXS, an ETF providing staked exposure to TRX, by ringing the closing bell at Cboe Global Markets in Chicago on September 29, 2026. The TRXS ETF, listed on September 9, offers institutions access to TRX through participating brokerages and aims to reflect the spot price of TRX while earning additional TRX through the TRON network's delegated proof-of-stake validation process. Justin Sun, founder of TRON, highlighted the significance of this launch for institutional participation in the TRON network, which supports substantial real-world financial activity. TRON has become a leading blockchain for stablecoin transactions, with over 94 billion USDT in circulation and approximately 6.1 trillion USDT transferred year-to-date. The TRON network is recognized for its speed, scalability, and low transaction costs, serving as vital infrastructure for decentralized finance and blockchain applications.
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