🪙 How to “stay connected” the right way?

⚫️ To “stay connected,” there’s no need to download shady Telegram clients — just use the official Telegram app along with tools to bypass restrictions.

If you’re reading this, you’ve probably already found a way — but here’s another option worth trying.

⚫️ VPN Duck Bot — available прямо as a Telegram bot. You can pay for the subscription with crypto, a bank card, or Telegram Stars. A monthly plan costs 199 rubles.

⚫️ If you purchase a monthly subscription before the end of March, you’ll be entered into a giveaway for a free month — details are in the channel.

🖊 Want to test the connection quality? Use the promo code “telegram” and get two free days with any payment.

👁 TON has reached sub-second finality

⚫️ The vote on changing the 30th configuration parameter has already closed. The proposal was accepted, and the upgrade from Catchain 2.0 has already been activated on the mainnet.

⚫️️ This is an important milestone for the network: with the new consensus, TON achieves sub-second finality, and QUIC replaces RLDP in internal validator communications.

⚫️️️You can review the adopted configuration changes on the website, as well as follow other active votes in the future: vote.lagus.cooking

⚫️️️ Now it remains to be seen how the upgrade performs on the mainnet under real load.

@thedailyton

📈 Missing the bull run?

Looks like TON keeps giving people fresh reasons to start talking about it again.

⚫️ Pavel Durov recently unveiled the MTONGA plan to “Make TON Great Again,” and the first two steps have already been completed: the network is now faster, and fees are lower. Now there is another factor that could help fuel interest in the ecosystem: a new farming season from $JETTON.

🖊 The JetTon team has launched new incentives for liquidity providers. In Season 1, the team plans to distribute 10,000,000 $JETTON, or roughly $350,000 at the current price. Farming will be available on two DEXs at once: DeDust.io and StonFi.

⚫️ The project itself has been operating for 3 years and has grown into a real business that has expanded far beyond the Telegram ecosystem. At the same time, $JETTON remains deflationary, with tokens regularly burned through Buyback & Burn mechanisms. Now the team has decided to return up to 100% of previously burned tokens to the community in the form of rewards distributed via liquidity pools.

⚫️ Based on current metrics, $JETTON is trading at around $0.035, its ATH stands at $3.44, and its FDV is $3.28M. Season 1 is already live, and from here a lot will depend on activity across the ecosystem: the stronger it is, the larger the potential rewards for participants.

⚫️ To take part, users simply need to provide liquidity to one of the $JETTON pairs, such as JETTON/USDT or JETTON/TON. Farming rewards are already live on DeDust.io, so anyone interested can join right away.

JETTON/USDT — APR 312%
JETTON/TON — APR 302%

@thedailyton

✈️ Pavel Durov has raised the MTONGA flag on ton.org

Currently, the official ecosystem website does not work.

💡 Where will TON meme season begin?

⚫️After more than a year of stagnation, it finally feels like things are starting to move again in the TON ecosystem. We’re feeling it too, so in the coming posts we’ll talk about useful tools and platforms that are actually worth watching right now. One of them is GroypFi.

⚫️The project aims to become a single entry point into the ecosystem — a kind of Swiss Army knife for TON DeFi. The Groypad team has brought several key products “under one roof”: token swaps via DeDust, perpetuals via Storm Trade, and token launches via Groypad — a launchpad built on Uranus.

⚫️Let’s take a closer look at the last point. We’ve written before that the old model for meme coin creators in TON was довольно primitive: if you wanted to profit as a founder, you sold your own tokens. The problem is that this approach almost always hurts the chart and destroys trust in the project faster than it can be monetized.

🖊Groypad offers a healthier mechanism. The token creator receives more than a third of the protocol’s fees from buy and sell transactions. In other words, the founder can earn not by dumping their tokens on the market, but through the trading volume within the project itself.

⚫️There’s also an additional competitive layer built around the launchpad — the NGL Contest. Here’s how it works: part of the protocol fees goes into a prize pool, and tokens launched through the platform enter a leaderboard, compete with each other, and the top performers receive rewards. The idea is to incentivize creators not to just launch a token and disappear, but to keep attention and activity around it.

⚫️And yes, this is essentially the “Memelandia” we never got from the TON Foundation reboot. So if meme season in TON is действительно coming, it will likely emerge not where it’s been promised for years, but where the actual mechanics to support it are already in place.

@thedailyton

📈 Record Trading Volumes on TON

⚫️ It has only been two days since the announcement of the third step of the MTONGA plan, and the ecosystem has become almost unrecognizable: trading volumes have surged past $39M in 24 hours, many tokens have posted gains of hundreds and even thousands of percent, and crowds of traders have moved from Meteora and Axiom to DeDust and x1000. Today, we are publishing a subjective #opinion on what is currently happening with trading activity on TON.

⚫️ Longtime participants may compare this period to the spring–summer of 2024, when TON Foundation (remember that one?) was actively pouring money into ecosystem growth through pool boosts and rewards for token teams.

⚫️ At the same time, the current situation differs from that one in several important ways. On the positive side, TON’s trading infrastructure has improved significantly, and DeFi itself has matured a lot. We now have pools with customizable fees, a trading terminal, advanced trading bots, and other tools that the ecosystem was clearly missing back then. And of course, transactions themselves are now nearly instant, which matters a lot for trading.

⚫️ But there is another side to it. The current momentum of the ecosystem is still driven largely by a straightforward asset pump. That is pleasant and effective in the short term, of course, but by itself it does not translate well into long-term DeFi adoption or into onboarding users into different products. So far, the main beneficiaries of this wave are exchanges, trading bots, and a handful of memepads.

⚫️ For the ecosystem to achieve real growth, it is not enough to simply inject the market with liquidity – that liquidity then has to be anchored somewhere: brought into products and made to work over the long term. And that is a much harder task than simply triggering another pump.

🖊 So the main question now is no longer just whether volumes have gone up. The real question is whether Pavel Durov, having taken responsibility for the fate of TON, can turn this pump into sustainable ecosystem growth. And whether he even wants to. We will find out soon enough.

@thedailyton

🍌 200%+ APR: Don’t Forget About $JETTON Farming

⚫️ When we last wrote about $JETTON farming, the TON market was only just beginning to wake up. Only a few days have passed since then, but the ecosystem already looks very different. So it seems the JetTon team picked almost the perfect moment to launch the season.

⚫️ Especially since the logic behind it is pretty straightforward: instead of simply burning tokens, the team decided to return part of that supply to users through farming.

⚫️ So here is a quick reminder: $JETTON farming in the pools is still active and will continue to be renewed all the way through the end of 2026. You can join through the JETTON/USDT and JETTON/TON pairs on DeDust.io.

⚫️ By the way, this Friday the JetTon founder will host an AMA session in his personal Telegram channel. So if you want to learn more about the project or ask Marat a question directly, make sure to subscribe to his channel.

JETTON/USDT — APR 204%
JETTON/TON — APR 208%

@thedailyton

⌨️ Easier to tear down than to build up

⚫️ In just a few days, the deadline expires for the third step of MTONGA, announced by Pavel Durov in early May. Since then, the ecosystem has managed both to showcase new tools and to continue dismantling the old structure. So today, let’s briefly take stock of what has changed since Durov took responsibility for TON’s further development.

⚫️ One noticeable update is the new ton.org. The website has indeed been revamped, but its quality remains mixed. It feels like the new version was put together in a hurry, with broken text still being fixed in public for quite some time after launch. At the same time, it is still not entirely clear what problem of the old website it was supposed to solve, or what value it brings to the ecosystem.

💡 Another rather strange coincidence is worth mentioning separately: almost immediately after MTONGA began, one of the old tokens was asked not to use the GRAM ticker. Formally, this may not mean anything. But symbolically, the story is too noticeable to ignore: GRAM is TON’s former name. So the question naturally arises: could one of the next steps involve bringing the old name back?

⚫️ Around the same time, Acton was introduced — a new toolkit for building on TON. Based on early feedback, the tool appears to be convenient and should make developers’ lives noticeably easier. Still, this remains a local improvement: for the broader user base, the Acton release has not changed anything.

⚫️ Indicative changes are also taking place on the organizational side of the ecosystem. This week, two TON Foundation employees — Dima and Viktor, both responsible for regional community development — announced their departures. At the same time, the official TON chats were closed.

🖊 So the overall balance of these weeks looks strange. More has been removed from the ecosystem, and continues to be removed, than has so far been added to it. Perhaps the next MTONGA steps are meant to fix that. But right now, it remains unclear what exactly Telegram is offering the ecosystem in return. Because it is easier to tear down than to build up. And there are only a few days left until we get a proper answer to that question.

@thedailyton

🐤 Why was Acton created?

⚫️ Developing smart contracts on TON has never been easy. For a long time, developers effectively had to choose between three languages, but last year TON Foundation finally narrowed that choice and recommended Tolk.

⚫️ Back then, we wrote that once one language officially becomes the “primary option,” it is only logical to expect more documentation, tooling, and attention from TON Core to start forming around it.

⚫️ Now, this seems to be exactly what is happening. In early May, Acton was released — a unified toolkit for developing smart contracts on TON, built around Tolk.

🖊 By the way, against the backdrop of MTONGA, the release may have looked like part of a broader plan to rebuild TON development. But the reality appears to be more straightforward: the first commit to the Acton repository was made more than six months ago. So the release simply happened to coincide with the implementation of MTONGA.

⚫️ We cannot honestly say how much easier Acton has made smart contract development. There are no developers on The Daily TON editorial team, but at a basic level, the entry barrier does seem lower.

💡 For example, we tried using an AI agent to build a very simple smart contract. It accepts TON, splits the amount in half, sends one half back to the user, and sends the other half to The Daily TON’s wallet.

⚫️ Of course, this is not serious development, nor does it prove that the toolkit is ready for complex protocols. But the fact itself is interesting: someone with no experience writing smart contracts on TON can now open an AI agent, ask it to study the Acton documentation, and fairly quickly get a working example. Not long ago, that scenario would have sounded impossible.

⚫️ In an earlier post, we wrote that development on TON was gradually becoming easier. Acton fits neatly into that same trajectory: it does not change the nature of the blockchain itself or remove its specific quirks — such as its asynchronous architecture — but it does take away some of the everyday friction. And that, it seems, is its main purpose.

⚫️ If there are any developers among our readers, we invite you to share your experience in the comments: has writing smart contracts on TON actually become easier?

We’ll leave an example prompt for an AI agent in the comments.

@thedailyton

❤️ What could Telegram give TON as a birthday gift?

⚫️ Tomorrow, TON Blockchain turns five. On May 26, 2021, the “community” voted to rename testnet2 into mainnet, and shortly afterward, NewTON became TON Foundation.

⚫️ Birthdays are usually about gifts, so we decided to think on Telegram’s behalf: what could it give to its own blockchain?

⚫️ Obviously, there are many ways TON could be integrated deeper into Telegram. But there is also a limitation: things like this always come with legal risks. Otherwise, it is hard to explain why Telegram is still mostly built around Stars internally, rather than Toncoin.

⚫️ The first possible gift is TON payments through the Bot API. Right now, bot developers can accept payments in Telegram Stars through the standard Telegram Payments mechanism. A logical next step would be the ability to issue invoices directly in Toncoin: the user pays for a purchase from their internal TON balance, while the bot receives payment confirmation without unnecessary intermediaries.

⚫️ Especially since the first step in this direction has already been made. Telegram already has an internal TON balance. Of course, it is not a full-fledged wallet, but rather just an option for paying for Telegram Gifts. Still, the foundation for future integration is already there.

⚫️ The second option is paid MTProto proxies. Telegram has long had its own protocol for bypassing blocks, but proxy monetization has never been particularly elegant: once a user has a link, they can share it with anyone. In theory, TON could help turn this into a proper marketplace where users pay for traffic and proxy owners receive rewards.

⚫️ TON Payments could be especially relevant here. If the technology really enables very fast and low-cost transfers, it would be a good fit for small recurring payments — for example, proxy traffic. A user tops up a deposit, connects to a node, and then micropayments are charged invisibly in the background, with billing possible even per byte.

⚫️ Of course, all of this is still speculation. We do not know what Telegram can afford to do legally, and what will remain a beautiful idea on paper. But if we are talking specifically about a gift for TON, what it needs most right now is not congratulations, but a new pump new usage scenarios inside Telegram.

🔥 Although, to be honest, attention would also be enough. So, Pavel Durov, even a simple announcement of the next MTONGA step on TON’s birthday would work for us.

🖊 Do you have any ideas on how Telegram could integrate TON even deeper?

@thedailyton

🍌 JUST IN: TON gets an updated developer portal

A separate dashboard for TON builders has launched on builders.ton.org. It brings together tools for development and analytics in one place.

📡 Key dates in TON’s history

⚫️ Today, many channels are congratulating TON on its fifth anniversary. Formally, the reason is clear: on May 26, 2021, the community voted to rename testnet2 into mainnet, and this date is often referred to as the birthday of today’s TON.

⚫️ But there is a nuance here. This date is more symbolic than technical. The network itself appeared much earlier, and TON’s history actually began even before the blockchain had its first block.

⚫️ For example, Nikolai Durov’s first document describing Telegram Open Network is dated December 3, 2017. That could be seen as the moment TON first appeared as an idea and architecture on paper. Still, a whitepaper is not yet a network.

⚫️ If we look specifically at the blockchain, it makes more sense to start with testnet2. According to the explorer, the first block of that network was generated on November 15, 2019, at 12:53 UTC. Later, testnet2 — the network that survived Telegram’s exit from the project and was relaunched by the community — became what we now know as The Open Network.

⚫️ So May 26 is a good date for a celebration: on that day, TON received mainnet status and finally came to be seen as an independent blockchain. But if we are talking about the “birth” of the network itself, November 15, 2019 feels closer to the truth.

⚫️ So today, we can congratulate TON on an important milestone. But the real big birthday, it seems, will come in fall: on November 15, the blockchain will already turn seven.

⚫️ Perhaps Pavel Durov also sees this date as somewhat conditional — otherwise, we probably would have seen a birthday message by now.

@thedailyton

💀 How does the TON Bridge era come to an end?

⚫️ A few days ago, TON Core announced the final stage of the token bridge shutdown. Users were asked to withdraw their wrapped assets by September 1, 2026: after that date, the bridge will stop processing transfers.

⚫️ At one point, this bridge was one of the first attempts to connect TON with the broader crypto market. Back in 2021, the NewTON team — which later became TON Foundation — introduced the TON-ETH Bridge. At the time, it served a very practical purpose: it helped move Toncoin to other networks to access more mature DeFi markets.

⚫️ The bridge continued to evolve. In April 2023, TON added support for transferring tokens from Ethereum into TON, including USDT, USDC, DAI, and WBTC. That is how jUSDT and other wrapped assets appeared on the network. For early DeFi on TON, this was a noticeable step: native USDT was still almost a year away, while the ecosystem already needed stablecoins.

⭐️ By the way, we covered the bridge back in its testnet days — in 2022, we tried bringing wrapped USDT into TON together with you and even published a short guide for our readers.

⚫️ Then the context changed. In April 2024, native USDT on TON was announced at TOKEN2049. After that, the rationale for wrapped stablecoins gradually started to fade: once the network had real USDT issued by Tether, holding jUSDT through an old bridge became less convenient and less necessary.

⚫️ That is why the bridge shutdown looks like a natural end to an older phase. It was useful while TON lacked direct integrations. Now, its main job has largely been done.

⚫️ So if you still have Wrapped Toncoin, jUSDT, jUSDC, jDAI, jWBTC, or any other j-tokens sitting somewhere, it is better not to postpone: they need to be withdrawn through bridge-v3.ton.org before September 1, 2026.

The time of TON’s old bridges is coming to an end.

@thedailyton

👁 How is Telegram losing in the attention economy?

⚫️ Telegram has a recurring pattern: once the team picks up a new narrative, it spends some time shaping development around it. That was the case with Fragment, Mini Apps, Telegram Gifts, and now AI agents and TON.

⚫️ Telegram rarely creates a new narrative from scratch. More often, the market brings it one that is already almost fully formed. Gifts unexpectedly took off, clicker apps powered the Mini Apps wave, and AI agents simply fit well into the existing bot platform. Telegram is usually quick to catch these waves, but once the interest fades, previous directions start living on residual attention.

⚫️ The most recent example is Telegram Gifts. While the market was actively reacting to new collections, Telegram kept giving it reasons to talk. But once the interest cooled down, new collectible gifts stopped coming out, and some older collections have still not received upgrades for 15 months.

⚫️ The situation with Mini Apps is similar, although slightly more predictable. As long as the market was driven by clickers and expectations of major airdrops, Telegram was actively improving the platform. Once the hype ended, attention shifted elsewhere. For Telegram, this is a normal response to demand. But for developers, that logic is painful: they build projects for longer than a narrative stays alive.

⚫️ The story with AI agents follows the same pattern. Telegram happened to be in the right place at the right time: it already had a bot platform, while AI services needed a convenient interface for interacting with their products. No wonder the latest messenger updates increasingly look like improvements tailored to this scenario. The same Markdown formatting support expected in the next update fits neatly into that logic.

⚫️ But this, in our view, is where the risk for TON begins. Telegram now has two major narratives competing for attention. AI agents are moving fast: new features are being rolled out for them, while Telegram is actively shitposting on X to attract a Western audience. Meanwhile, the next MTONGA step has already missed the initially announced timeline.

⚫️ Telegram is good at catching new waves. But TON is not Gifts and not clickers. It cannot be developed through short bursts of attention: it requires long-term focus. Otherwise, MTONGA risks becoming yet another narrative that started brightly, but quickly moved into the background.

@thedailyton

🏆 Mischief managed!

⚫️ Much of TON’s modern success story was built around selling one idea: that one day, the blockchain would find its way back to Telegram and become a core part of the messenger. Yesterday, that story seemed to reach the conclusion: Pavel Durov announced that TON’s native coin is returning to its roots and will soon become Gram.

⚫️ If someone had told us in 2020 that Toncoin would eventually become Gram after all, we would have been genuinely surprised. Back then, the U.S. Securities and Exchange Commission effectively blocked the launch of Telegram’s cryptocurrency, while Durov publicly announced that Telegram’s active involvement in TON was over. After several years of development, the second-largest ICO in history, and big promises about a blockchain inside the messenger, Telegram had to act as if the story was finished. But as we can now see, this idea was simply too big to fail — and too big to disappear.

⚫️ Even within the community, not everyone believed that “the original TON” had a major future ahead of it. Fedor Skuratov — formerly Community Manager at TON Labs, and someone we once interviewed in Russian, so definitely check it out — put it rather bluntly back in 2021 (in Russian):

“Support for ‘that same TON’ is being carried out by a handful of enthusiasts. If there is any support from the Telegram team, it is either moral support, or they stopped working at Telegram yesterday (sarcasm). […] So there is no point in ‘working on’ this old TON, because there is almost nothing to do there except code. And even if there is, you will never get anything for it.” Translated

⚫️ Then the story began to change. At first, the network really was kept alive by enthusiasts who were simply working with Durov’s technology. But by the end of 2021, the first familiar names from the old VK space started entering the empty ecosystem. Oleg Andreev and Oleg Illarionov — two of VK’s earliest employees — launched Tonkeeper and ton.app. Looking back now, it is hard not to notice which way the wind was blowing.

⚫️ Then came the story we already know: the transfer of the original domain, TON Foundation, NFT marketplaces, DeFi, hackathons, Fragment, anonymous numbers, Telegram Gifts, and the blockchain’s return into the messenger. And now Toncoin is getting the name Gram. In the end, TON spent several years taking the long way around — only to return almost exactly to the point where everything once broke off.

⚫️ There are still plenty of blind spots in this story. It is unclear why Telegram decided to take TON under its wing now, of all times. The old restrictions following the SEC case expired back in June 2023. The political climate in the United States, which has always had a strong influence on crypto adoption, did not change overnight either. Perhaps we will learn the details behind this decision later. Or perhaps, as often happens with TON, much of it will remain between the lines.

⚫️ English has a useful word: hindsight. It describes the way events can look obvious after the fact, even though they felt chaotic and unclear in the moment. It fits TON’s story almost perfectly. What once looked like a string of coincidences has now come together into one clear line.

@thedailyton

🐤 How TON is getting ready for heavier loads

⚫️ In just an hour, the network will begin voting on a new set of validator upgrades. Ahead of the vote, Dr. Awesome Doge published a detailed breakdown of what is changing — so we’ll recap the key points.

⚫️ If April’s upgrade was about making transactions faster, June’s is about something less exciting but no less important: keeping the network stable under heavy load.

⚫️ TON plans to create a dedicated lane for validators to exchange block drafts. Right now, that traffic shares the same route as regular transactions. During sharp spikes in activity, this can hurt network performance — as already happened during the Hamster Kombat and DOGS listings.

⚫️ The same vote also includes other items: staking changes for validators and the gradual shutdown of TON Bridge, which we recently covered separately. Voting progress can be tracked here, and the original code for the changes is available on GitHub.

@thedailyton

🪙 Why does TON need AI agents?

⚫️ At the end of last year, we wrote about TON’s updated documentation. An AI chat assistant was added to docs.ton.org, allowing users to ask questions about the documentation directly. It was a relatively minor change, but a useful one for developers: if you cannot find the page you need, just ask the bot. It was especially helpful for newcomers just getting started with the ecosystem.

⚫️ Now AI in TON is gradually moving beyond documentation. This spring, the ecosystem got its own MCP — a toolkit that allows AI agents to interact with the blockchain: making transactions and swaps, managing .ton domains, and working with NFTs.

⚫️ The first products have already started to appear. One of the early movers was Teleton, which lets users turn a Telegram account or bot into an autonomous agent — essentially something like OpenClaw, but with access to Telegram and the TON ecosystem. MyTonWallet took a more user-facing approach and embedded an agent directly into the wallet. There, it helps users send coins, swap tokens, stake assets, and make sense of their portfolios.

🖊 Which naturally raises the question: why do we need this if most of these features already exist in the interface? You can check your balance, tap Swap, or open a token page without AI.

⚫️ In our view, the more interesting use cases begin where a traditional interface starts to fall short. For example, an agent could explain to a newcomer why a swap went through at a different price than expected, what slippage is, or how staking differs from lending. For more advanced users, it could become a powerful trading tool: gathering information from multiple sources — Telegram channels, group chats, analytics platforms, and more — before deciding whether to swap one token for another.

⚫️ And since we’re talking about TON, the blockchain could probably use tools capable of surviving an encounter with Telegram’s billion users. After all, explaining the network’s quirks to all of them manually sounds like quite the staffing problem, doesn’t it?

Have you already tried Teleton or the AI agent in MyTonWallet?

@thedailyton

💡 Who is still at TON Foundation?

⚫️ Since the launch of MTONGA, the TON ecosystem has been undergoing a fairly noticeable restructuring. It began with the closure of international TON Hubs, with the first cuts affecting regional teams responsible for local communities. At the end of May, we wrote about the departures of Dima and Viktor, who were involved in the CIS and Global teams. Now the changes appear to have reached the U.S. Hub as well — its lead, Angela, has removed TON Foundation from her current position on X.

⚫️ At the same time, the restructuring has started affecting not only people, but products as well. Yesterday, for example, TON ID was discontinued. It served as a digital identity layer for the TON ecosystem, allowing users to collect SBTs and verify participation in various activities. But while TON Foundation's public-facing and community operations seem to be gradually winding down, its management layer appears to remain intact.

⚫️ Publicly available information suggests that part of the team is still connected to TON Foundation. For example, Inal Kardanov, the Foundation's former GameFi Lead, appears in one of the sections of the updated ton.org website: the link to the Dev Channels folder was created from his account.

⚫️ The same list likely includes Anthony Tsivarev and Martin Masser — VP of Ecosystem Growth and Head of Growth, respectively. Their public activity has noticeably slowed over the past month, but both still list TON Foundation in their profiles.

⚫️ Then there is Andrey Rogozov — CEO of TOP.co and a member of TON Foundation. He continues to write about TOP's portfolio companies and may well play a prominent role in TON's post-MTONGA structure.

⚫️ For now, it appears that the restructuring has had the greatest impact on those who worked directly with the community — regional hubs and local leads in particular. The leadership layer of the ecosystem, however, does not seem to have disappeared. Instead, it appears to be reorganizing into a new form. The only question is what that form will ultimately look like. Hopefully, the next three MTONGA steps will provide a clearer answer.

That said, the biggest mystery is still unsolved: who’s actually running Telegram’s X account these days?

@thedailyton

🍌 JUST IN: Signs of a new TON treasury project have surfaced

Rivol Research has spotted signs of a potential TON Treasury on NASDAQ — Tonmate.

TON already has a public treasury vehicle: TON Strategy, traded under the TONX ticker. Judging by its description, the new project appears to be targeting a similar role, but with a different angle: it presents itself as TON Foundation-aligned and highlights backing from the UAE.

However, as the author of the research notes, it is still too early to call this a launch: there is no trading, no ticker, and no SEC filings yet.

@thedailyton