https://ift.tt/huaoAB4 Lists Decentraland, AAVE, FTX ETPs on Euronext Paris and Amsterdam

21Shares Lists Decentraland, AAVE, FTX ETPs on Euronext Paris and Amsterdam

https://ift.tt/5GMKsx2


The Swiss-based issuer of crypto exchange-traded products (ETPs), 21Shares, announced the listing of three new digital asset-oriented ETPs on Euronext exchanges in Paris and Amsterdam – Decentraland, AAVE, and FTX Token.

  • The exchange-traded products will enable market players to get exposure to the three assets without the need to own the underlying assets.
  • According to the official press release, 21Shares Decentraland ETP, Aave, and 21Shares FTX Token ETP will be listed on Euronext Paris and Amsterdam.
  • Decentraland (MANA) has emerged as one of the most established tokens in the metaverse ecosystem, with a market cap of almost $6 billion. It is the native coin of Ethereum-powered virtual reality platform Decentraland.
  • AAVE, on the other hand, is an Ethereum token that drives decentralized non-custodial money market protocol, Aave.
  • FTT is the native token of FTX exchange. 21Shares representative earlier commented that FTX Token is an attractive investment case providing exposure to the third-largest cryptocurrency exchange in the world.
  • The performance of each ETPs is directly linked to the tokens without leverage, and 21Shares holds the underlying assets in its cold storage.
  • Last week, 21Shares announced listing MANA and FTT on the Swiss-based BX exchange. Commenting on the development, CEO and co-founder Hany Rashwan said that adding the world’s first NFT and single Metaverse ETP was one of the company’s key milestones.
  • Since its inception in 2018, 21Shares has significantly expanded its product offerings. The latest stats shared by the firm suggested that it manages well over $2 billion in 26 cryptocurrency exchange-traded products and 87 listings as of February this year.
  • The figures include the world’s only ETPs tracking Binance, four Crypto Index Baskets, as well as two ETPs with investor staking rewards (Tezos and Solana), according to the announcement.
SPECIAL OFFER (Sponsored)

Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.

Source link

Cryptocurrency

Get In Touch