Virtune Introduces First Crypto Exchange Traded Index

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Stockholm, May 11, 2023 Virtune, the first regulated digital asset manager in Sweden to launch crypto ETPs on Nasdaq Stockholm, the largest stock exchange in the Nordic region, has announced the introduction of the innovative ETP on the crypto basket index. The ETP will be listed on Monday, May 15 and offers exposure to up to 10 major cryptocurrencies in a single product, pioneering crypto offering in the Nordic market. Virtune is a financial institution registered with the Swedish FSA and holds an EU-approved base prospectus for issuing crypto ETPs in Europe.

The ETP, which is 100% physically backed by cryptocurrencies and fully collateralised, will be available in SEK for Swedish investors and in EUR for the rest of Nordic investors. The single product contains 2 ISINs to cater for each currency, SEK (SE0020052207) for Swedish investors and EUR (SE0020052215) corresponding to Euro investors. The ETP has a cryptocurrency allocation with a maximum weight of 40% per cryptocurrency to promote diversification, providing a balanced and diversified investment alternative. Additionally, only Nasdaq-approved cryptocurrencies are eligible in the ETP, which adds an additional layer of qualification for each cryptocurrency.

This product is aimed at institutional investors and experienced crypto enthusiasts while also serving as an excellent entry-level product for new crypto investments. The product will be available on https://www.avanza.se/ and https://www.nordnet.se/, the largest savings platforms in the Nordic countries.

This revolutionary product fills a void in the Nordic market, allowing investors to consolidate their crypto investments into a single product traded on the regulated Nasdaq Stockholm exchange. The ETP can be held in an ISK (Investeringssparkonto) account, capital insurance and deposit.

Additionally, the ETP offers monthly rebalancing, ensuring that it remains up-to-date and aligned with current market conditions. With a diversified portfolio, investors can mitigate the risks associated with investing in just one cryptocurrency. As the crypto market continues to grow beyond Bitcoin, a top 10 portfolio provides exposure to 85% of the market, capturing its full potential.

Key Product Information:

Exposure to 85% of the crypto market in a single product Allocation based on market capitalization with a cap of 40% 100% physically backed Monthly rebalancing 1.95% fee

Virtune Crypto Top 10 SEK ETP Index:

Trading currency: SEK First day of trading: Monday May 15 Ticker: VIR10SEK ISIN: SE0020052207

Virtune Crypto Top 10 EUR ETP Index:

Listing currency: EUR First day of listing: Monday, May 15 Ticker: VIR10EUR ISIN: SE0020052215

Christopher Kock, CEO of Virtune We are excited to introduce the first-ever crypto index ETP in the Nordic market, specifically on Nasdaq Stockholm, one of the most renowned exchanges. Virtune has recognized a strong demand for diversified crypto investment products in the Nordic region and is proud to launch this product in collaboration with leading service providers such as Vinter (Index Provider), Nordic Issuing (Issuing Agent) , Flow Traders (market maker) and Coinbase (custodian) among many others.

Helena Wedin, Head of ETP Services, Global Trading and Market Services, Nasdaq Stockholm: Exchange-traded products provide access to alternative investments while maintaining the transparency of a regulated market, and we’re very excited to welcome Virtune as a new crypto ETP issuer at Nasdaq Stockholm.

The above is product launch information only and does not constitute financial advice or a recommendation to invest in Virtune Crypto Top 10 Index ETP.

If you are an institutional investor interested in exploring the potential of our current and upcoming ETPs for your discretionary asset management or would like to learn more about Virtune and our product offerings, please contact us. Visit www.virtune.com for more information and register your email address on our website to receive updates on upcoming ETP launches and other digital asset related news.

Stockholm on May 11, 2023,

For any questions contact:

Christopher Kock, CEO and Member of the Board of DirectorsMobile: +46 70 073 45 64 E-mail: [email protected]

About Virtune AB (Publ)Virtune, headquartered in Stockholm, is a fully regulated Swedish digital asset manager and issuer of crypto exchange-traded products on regulated European exchanges.

Through regulatory compliance, strategic collaborations with industry leaders and our skilled team, we provide investors globally access to innovative and sophisticated investment products that are aligned with the evolution of the global crypto market landscape.

Sources

1/ https://Google.com/

2/ https://www.globenewswire.com/news-release/2023/05/11/2667106/0/en/Virtune-introduces-the-first-crypto-index-Exchange-Traded-Product-ETP-on-Nasdaq-Stockholm-on-Monday-15th-of-May-Virtune-Crypto-Top-10-Index-ETP-VIR10.html

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