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This domain name could be well suited to an industrial or manufacturing company.
The name "Toxto" has only five letters and just two syllables. Two-syllable names are extremely rare and extremely sought after. Successful brands using two syllable names include Kleenex, FedEx and Buffer.
Toxto.com is a dot com domain. Dot com domains are synonymous with websites. When you own a dot com, it is much easier to rank for your own name in search engines.
One suggestion for how this name could sound when used.