Zug, Switzerland, 3 March 2025 – Bitcoin Suisse is pleased to announce the addition of TON (The Open Network), OP (Optimism), ENA (Ethena) and ONDO (Ondo Finance) to its comprehensive trading and custody offering. Effective immediately, Bitcoin Suisse clients can trade and securely store TON, OP, ENA and ONDO, further expanding their access to a growing range of digital assets. By integrating these new tokens, Bitcoin Suisse continues to provide its clients with a gateway to innovative developments in the digital asset space.

The recently added tokens TON, OP, ENA and ONDO pursue different approaches and offer their users a variety of products and services. This article briefly summarizes the different protocols and provides insights into their key aspects.

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Toncoin (TON)

The Open Network (TON), originally developed by Telegram, is a decentralized internet platform, which includes the TON Blockchain, TON DNS, TON Storage, and TON Sites. At its heart lies the TON Blockchain, the core protocol that integrates TON’s underlying infrastructure together to create the TON Ecosystem. TON is developed to process millions of transactions per second (TPS), aiming to eventually reach hundreds of millions of users in the future.

Toncoin (TON) is the native cryptocurrency of The Open Network, serving multiple purposes such as being used for transaction fees, securing the network through staking. In addition, Toncoin is an integral part of the on-chain governance program.

Learn more about The Open Network and Toncoin here. We have recently published a blog post about Toncoin, you can read it here.

Optimism (OP)

Optimism is a Layer 2 scaling solution built on Ethereum, designed to improve the scalability and efficiency of the network. Its main goal is to reduce Ethereum’s transaction fees and decrease its processing times while preserving security and decentralization.

Optimism employs optimistic rollups, a method in which transactions are executed off-chain and then batched together before being submitted to the Ethereum blockchain. The key innovation lies in the "optimistic" approach, where state changes are assumed to be valid unless proven otherwise.

OP is the Optimism network's native token, which serves different functions within the ecosystem. For example, OP tokens are used to reward network participants and to participate in governance.

Learn more about Optimism here.

Ethena (ENA)

Ethena is a decentralized protocol on Ethereum that aims to provide a synthetic stablecoin (USDe) alongside a yield-bearing dollar savings asset (sUSDe).

Ethena offers a synthetic dollar, USDe, achieved through delta-hedging Bitcoin, Ethereum and Solana spot assets using perpetual and deliverable futures contracts, as well as holding liquid stablecoins such as USDC and USDT. Its synthetic dollar USDe is positioned to serve as an innovative and scalable alternative to the existing centralized and decentralized stablecoins.

Additionally, Ethena presents a dollar savings asset, sUSDe, their yield-bearing version of USDe. Users can stake USDe to receive sUSDe as rewards, with the main source of rewards originating from their short perpetual futures positions that collect funding rates.

ENA is Ethena’s native token and primarily serves as a governance token for the protocol.

Learn more about Ethena here.

Ondo Finance (ONDO)

Ondo Finance is a decentralized platform designed to offer on-chain financial products and services by tokenizing real-world assets (RWAs), such as tokenized versions of real-world securities. Ondo Finance aims to bridge DeFi and traditional financial markets through their platform and their RWA tokenization approach. Ondo Finance is currently offering the permissionless Ondo U.S. Dollar Yield Token, USDY, which is secured by U.S. treasuries. In addition to the USDY, Ondo Finance currently enables users to trade their Ondo Short-Term U.S. Treasuries Fund, OUSG, which provides exposure to short term U.S. treasuries.

In February 2025, Ondo Finance announced the upcoming launch of the Ondo Chain, a public proof-of-stake Layer 1 blockchain designed for institutional-grade real-world assets and the Ondo Global Market, a platform aimed at bringing a variety of real-world securities on-chain. Both products are expected to launch in 2025.

The ONDO token serves as the governance token of the Ondo DAO and thus enables holders to participate in the governance of the Ondo ecosystem.

Learn more about Ondo Finance here.

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The addition of TON, OP, ENA and ONDO reflects Bitcoin Suisse’s ongoing commitment to expanding its digital asset offering with carefully selected projects that align with the future of blockchain technology.

As with all assets available on the platform, clients will benefit from 24/7 trading on Bitcoin Suisse Online and Bitcoin Suisse’s industry-leading custody services. TON, OP, ENA and ONDO can be securely stored in the Bitcoin Suisse Online Account in case clients look for fast transactions and more flexible connections to third parties, such as exchanges and OTC partners. For an additional layer of security, clients can store their ENA and ONDO tokens in the institutional-grade, high-security Bitcoin Suisse Vault.