Bitcoin Suisse Expands Crypto Portfolio with TON, OP, ENA, and ONDO

Bitcoin Suisse, an institutional-grade crypto services provider based in Zug, Switzerland, has expanded its digital asset offerings by introducing four new tokens for trading and custody: Toncoin (TON), Optimism (OP), Ethena (ENA), and Ondo Finance (ONDO). These tokens, which are among the top 100 cryptocurrencies by market cap, represent distinct ecosystems within the crypto space.

Toncoin is the native token of The Open Network (TON), supporting a wide range of functions such as staking, governance, and transaction fees. It also powers a decentralized ecosystem with services like the TON Name Service and decentralized storage. Telegram’s recent integration of TON blockchain mini-apps has also bolstered its presence in the crypto space.

Optimism, a layer-2 scaling solution for Ethereum, uses its OP token for governance and utility within its network, aiming to address Ethereum’s scalability issues by making transactions more efficient and cost-effective.

Ethena offers a decentralized protocol with its ENA token, which underpins synthetic stablecoins and yield-bearing dollar assets like USDe and sUSDe. The protocol relies on delta hedging strategies across multiple blockchains, including Bitcoin, Ethereum, and Solana, to manage its stablecoins and generate yields.

Ondo Finance uses its ONDO token to back products like U.S. treasury-backed tokens, which are among the leading offerings in the tokenized treasury product market. These products are backed by U.S. Treasuries and are comparable to those offered by traditional financial institutions like BlackRock and Franklin Templeton.

By integrating these tokens into its platform, Bitcoin Suisse aims to provide its clients with a gateway to some of the most innovative developments in the crypto space. This expansion is part of the firm’s ongoing efforts to enhance its service offerings, which include prior integrations like EigenLayer and Babylon Bitcoin staking. The inclusion of these new assets reflects Bitcoin Suisse’s commitment to staying at the forefront of institutional-grade crypto services.