21Shares Expands Offerings with New Crypto ETPs in Europe
21Shares Launches New Crypto ETPs
21Shares AG, a prominent player in the cryptocurrency exchange-traded products (ETPs) sector, has made significant strides by launching two new ETPs in Europe. With these additions, the total count of listed crypto ETPs has now reached 50, solidifying 21Shares' reputation as a leading issuer in the European market.
Introducing the New Physically Backed ETPs
The newly introduced products are the 21Shares Artificial Superintelligence Alliance ETP (AFET) and the 21Shares Raydium ETP (ARAY). These ETPs have been meticulously designed to provide investors with efficient exposure to some of the most promising areas of the digital asset landscape.
Significance of the New Launches
These launches reflect 21Shares’ ongoing commitment to delivering innovative investment options to European investors. By now managing more than $11 billion in assets globally, the company emphasizes its mission to enhance accessibility to transformative digital investment opportunities via traditional banks and brokers.
Details on 21Shares Artificial Superintelligence Alliance ETP (AFET)
The AFET ETP, which is listed on both Euronext Amsterdam and Paris, provides liquid exposure to a powerful decentralized AI ecosystem. This initiative represents a merger of leading AI organizations, including Fetch.ai, SingularityNET, Ocean Protocol, and CUDOS. Together, these entities are pioneering advancements aimed at democratizing AI technology and breaking the stronghold of centralized giants in the tech industry.
Focus on the 21Shares Raydium ETP (ARAY)
Meanwhile, the ARAY ETP, which has been listed on the SIX Swiss Exchange, connects investors to Raydium, a groundbreaking decentralized exchange protocol operating within the Solana ecosystem. With its unique tokenomics and multiple revenue streams, Raydium is at the forefront of effectively tokenizing real-world assets.
A Message from the President
Duncan Moir, President of 21Shares, expressed excitement over reaching this milestone: "With these new launches, 21Shares now offers investors access to 50 physically backed crypto ETPs across Europe – the broadest product lineup in the industry. It showcases our dedication to making investment simple and accessible for clients, while steering clear of the complexities that often accompany digital assets."
21Shares: A Leader in the Crypto ETP Market
Founded with the vision of bridging the gap between traditional finance and the rapidly evolving world of decentralized finance, 21Shares has established itself as a pioneer in the cryptocurrency space. Its inception marked the launch of the world’s first physically backed crypto ETP back in 2018, and since then, the company has demonstrated a consistent ability to innovate and offer transparent investment solutions.
Track Record and Expertise
21Shares has built a formidable track record over the past seven years, showcasing its ability to create ETPs that are listed on major global securities exchanges. The company's specialized research team, cutting-edge technology, and deep expertise in capital markets have undeniably contributed to its rapid growth and success.
About 21Shares
As a significant provider of cryptocurrency ETPs, 21Shares aims to make investing in digital currencies accessible and straightforward. Backed by a wealth of experience in the finance sector, the company is well-equipped to offer innovative, efficient, and transparent investment solutions to its customers.
Frequently Asked Questions
What are the newly launched ETPs by 21Shares?
The newly launched ETPs are the 21Shares Artificial Superintelligence Alliance ETP (AFET) and the 21Shares Raydium ETP (ARAY).
How many crypto ETPs does 21Shares currently offer?
21Shares now offers a total of 50 listed crypto ETPs in Europe, the most extensive product lineup in the industry.
What is the significance of these new ETPs?
The new ETPs provide investors with transparent and efficient access to emerging digital asset trends and technologies.
Who is the President of 21Shares?
Duncan Moir serves as the President of 21Shares and has highlighted the company's commitment to simplifying investment in the crypto space.
What is 21Shares' vision in offering crypto ETPs?
21Shares aims to bridge traditional finance and decentralized finance, making cryptocurrency investment more accessible for everyone.
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