Telegram-Linked Cryptocurrency TON Gains Ground With Coinbase Debut

Coinbase is expanding its digital asset offerings with the launch of Telegram-linked cryptocurrency Toncoin (TON), signaling a growing focus on emerging blockchain ecosystems. TON-USD trading opened on November 18, 2025, at 9:00 a.m. Pacific Time.

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Toncoin Arrives on Coinbase Platform

According to the exchange, Toncoin is now accessible on coinbase․com and the Coinbase app, allowing users to buy, sell, convert, send, receive, or store the asset. Initially, TON-USD trading will enter limit-only mode on Coinbase Exchange and Coinbase Advanced. During this stage, users can place and cancel limit orders, but market orders will not be accepted.

Toncoin (TON) is now live on coinbase․com and in the Coinbase app. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets. https://t.co/EjfgHgH18O

— Coinbase Markets 🛡️ (@CoinbaseMarkets) November 18, 2025

Following the limit-only phase, TON-USD will transition into an auction mode. During the auction, customers can post limit orders and view an indicative opening price. No trades will occur during this phase, which will last at least 10 minutes. Once the auction concludes, crossed orders will match at the determined opening price, establishing the first official market price.

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Coinbase Ventures has made a strategic move by investing directly in Toncoin, joining an expanding roster of prominent holders. The TON Foundation confirmed the investment, emphasizing the alignment with TON’s goal to integrate cryptocurrency into Telegram’s billion-user ecosystem.

Coinbase Ventures Supports Toncoin’s Telegram

This direct acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term approach mirrors similar strategies by venture firms like Sequoia, Benchmark, and Ribbit, which also opted to hold Toncoin rather than company shares.

The investment is seen as a major step toward broadening Toncoin adoption and furthering Telegram-driven blockchain growth, positioning TON as a key player in connecting mainstream messaging platforms with cryptocurrency.

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Last month, Telegram announced that its users will be able to trade tokenized U.S. stocks directly through its built-in crypto wallet, Wallet in Telegram, following a partnership with Kraken and Backed.

The new feature will reportedly offer access to more than 60 tokenized stocks and exchange-traded funds. Through the integration with Kraken and Backed, users will be able to trade tokenized equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term without leaving Telegram, expanding the platform’s financial capabilities beyond cryptocurrency transfers.

Telegram also reportedly plans to extend the service to its self-custodial TON wallet, which operates on the Telegram Open Network blockchain. If completed, this expansion would allow users to manage and trade tokenized equities in a decentralized environment, broadening access to digital asset markets within the Telegram ecosystem.