21Shares announces listing of crypto ETP Polygon, Avalanche and Algorand on SIX Swiss Exchange

[ad_1]

21Shares AG (21Shares), the world’s largest issuer of physically backed crypto ETPs, today announces the listing of 3 additional crypto ETPs on the SIX Swiss Exchange. The launch of the new product brings the total number of crypto ETP products issued to 20 in the Swiss market and a total of 80 listings in the Swiss and European markets.

The 21Shares Polygon ETP, Ticker: POLY (ISIN CH1129538448) tracks the investment results of Polygon, an Ethereum scaling platform integrating millions with Web3. Hosting over 3,000 applications, Polygon has become the most popular full-stack Ethereum scaling solution due to its high speed, low transaction cost, and network composability. Registration date: November 18.

The 21Shares Avalanche ETP, Ticker: AVAX (ISIN: CH1135202088) tracks the investment results of Avalanche, an Ethereum rival, which aims to overthrow the most popular blockchain for smart contracts. Its strong point is the higher transaction throughput of up to 6500 transactions per second, without compromising scalability. Registration date: November 19.

The 21Shares ETP Algorand, ticker: ALGO (ISIN: CH1146882316) tracks the investment results of Algorand, a layer 1 blockchain solution that supports the creation of decentralized applications. Algorand was founded by Silvio Micali, professor at MIT and recipient of the Turing Prize in Computer Science, often referred to as the Nobel Prize in Computer Science. Registration date: November 23.

Hany Rashwan, Co-Founder and CEO of 21Shares, Says: Adding Polygon, Avalanche and Algorand to our already extensive range of single-asset ETPs provides another simple and easy option for investors to enter the crypto asset class, and allows us to continue fulfilling our mission of building the easiest and most transparent way to access this asset class.

Michael Lie, Head of Digital Asset Trading at Flow Traders, continues: We are delighted to support the launch of the new ETP and to deepen our successful partnership with 21Shares. As the premier crypto ETP liquidity provider, Flow Traders is at the forefront of activating this fast growing crypto asset class. This listing is another clear indication of the growing expectations of investors and issuers looking for more innovative products.

The story continues

All 21Shares ETPs are available to investors using a bank or broker with access to the SIX Swiss Exchange without any additional special configuration required. ETPs are fully backed by the underlying crypto asset and are held in an institutional level security and custody solution, using state of the art cold storage and security measures, including multiple private keys, a list blank and audit trails.

As of November 2021, 21Shares managed nearly $ 3 billion in 20 cryptocurrency ETPs and 80 listings, including two new basket ETPs, featuring the top five and ten eligible crypto assets. 21Shares crypto ETP products are listed on eight regulated European and Swiss trading exchanges.

More information on the 21Shares ETP suite of crypto products can be found on our web page: www.21shares.com/product

For more information please contact:

Paulo Germann21Shares [email protected]

About 21Shares21Shares takes innovation to the next level with the world’s largest suite of cryptocurrency exchange traded products (ETPs). In 2018, he pioneered the world’s first listing of a cryptocurrency index on the SIX Swiss Exchange, and he continues to fuel his cryptocurrency franchise with cutting-edge research and groundbreaking approaches to product strategy. 21Shares aims to provide all investors with a simple, secure and regulated way to buy, sell and short sell cryptocurrencies through existing bank and brokerage accounts. 21Shares’ issuance platform, Onyx, is used by both 21Shares and third parties to issue and mine cryptocurrency ETPs around the world. For more information, visit www.21shares.com

Legal disclaimer

This document does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG. Neither this document nor anything contained therein should form the basis of, or be relied upon in connection with, any offer or undertaking in any jurisdiction. This document constitutes an advertisement within the meaning of the Federal Financial Services Act and not a prospectus. This document and the information it contains are not intended for distribution in or to (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or broadcast would be. illegal. This document does not constitute an offer to sell any securities or the solicitation of an offer to buy in the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these documents relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States. -United in the absence of registration. or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will be no public offering of securities in the United States. This document is distributed only and is intended only for: (i) investment professionals falling under Article 19 (5) of the 2005 Ordinance of the Financial Services and Markets Act 2000 (Financial Promotion) (the “Order”); or (ii) wealthy entities and other persons to whom they may legally be communicated, falling under Article 49 (2) (a) to (d) of the Ordinance (all these persons being together referred to as “data subjects “); or (iv) persons falling under Article 43 (2) of the Order, including existing members and creditors of the Company or (v) any other person to whom this material may be lawfully distributed in circumstances where Article 21 (1) of the FSMA does not apply. The Securities are only available and any invitation, offer or agreement to subscribe, purchase or acquire these securities will only be concluded with the persons concerned. Anyone who is not a Data Subject should not act or trust this document or any of its contents. In any EEA Member State (other than Austria, Belgium, Denmark, Finland, France, Germany, Great Britain, Ireland, Italy, Luxembourg, Malta, The Netherlands, Norway, Slovakia, Spain and Sweden) which has implemented the Prospectus Regulation (EU) 2017/1129, as well as all the implementing measures applicable in any Member State, the “Prospectus Regulation »), This communication is addressed only to investors qualified in that Member State within the meaning of the Prospectus Regulation. Exclusively for potential investors in Austria, Belgium, Denmark, Finland, France, Germany, Great Britain, Ireland, Italy, Luxembourg, Malta, Netherlands, Norway, Slovakia, Spain and Sweden, the Base Prospectus 2020 (EU) is available on the issuers’ website at www.21Shares.com. The approval of the 2020 Base Prospectus (EU) should not be understood as an approval by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the 2020 Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities.

Sources

1/ https://Google.com/

2/ https://finance.yahoo.com/news/21shares-announces-listing-polygon-avalanche-060000987.html

The mention sources can contact us to remove/changing this article

[ad_2]

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts