MSX Sets Nov. 2 UTC+8 Spot Launch for TOST Token Tied to Toast Stock

MSX plans to open spot trading in TOST, a token tied to Toast's U.S. stock, on Nov. 2 under the UTC+8 calendar, ahead of Toast's scheduled third-quarter earnings release.

Toast's second-quarter revenue was $1.908 billion, up 23% from a year earlier. Its annual recurring revenue run rate was $2.4 billion, an increase of 25% year over year.

Toast is scheduled to release its third-quarter results after the U.S. market closes Nov. 3. MSX previously opened spot markets for Expedia Group and Shopify stock tokens.