ETP Cardano, Polkadot so dosegli Frankfurtsko borzo

DeFi Technologies subsidiary Valour has introduced two more exchange-traded products (ETPs) on Frankfurt’s stock exchange, this time launching offerings focused on Cardano and Polkadot. 

The latest launches follow the exchange, the Boerse Frankfurt Zertifikate AG, dajanje Valour approval to list an ETP tracking the price of Solana (SOL) earlier this month.

Cardano’s native token, ADA, has a market capitalization of about $ 33 milijarde. ADA is the seventh-largest crypto coin by market cap — behind XRP and ahead of SOL.

Meanwhile, Polkadot’s (DOT) market cap sits at about $20 billion, which is 10th highest — ahead of Avalanche (AVAX) and trailing Terra (LUNA).

In addition to the Cardano, Polkadot and Solana ETPs, Valour offers a Uniswap (UNI) fund, as well as its fee-free Bitcoin Zero and Ethereum Zero products.

Valour CEO Tommy Fransson told Blockworks in an email that the firm decided to list the new products in Frankfurt following the demand it saw for its Cardano and Polkadot ETPs in the Swedish market.

The executive did not comment on what metrics it evaluates when choosing to launch a single-asset product.

Valour intends to bring these products to other regions, Fransson said, though he did not specify which countries.

"Prizadevamo si uvesti več izdelkov z enim sredstvom, pa tudi košarice, teme in indekse," je pojasnil izvršni direktor. "Mislimo, da smo šele na začetku količine kripto ponudb na reguliranih borzah."

The ETP launches are the latest in a series of ETP launches outside the US focused on assets beyond bitcoin and ether.

21 Delnice, the world’s largest issuer of crypto ETPs, has launched products in recent weeks focused on Aave (AAVE), Chainlink (LINK), UNI, Decentraland (MANA) and FTX Token (FTT).

The company’s CEO, Hany Rashwan, previously je povedal Blockworks that the firm is looking to have ETPs supporting what it considers to be the top 50 cryptocurrencies by the end of 2022.

CoinShares last month začela Polkadot and Tezos ETPs in Germany that are designed to share staking rewards with investors. 

Digital asset investment products saw inflows of $75 million last week, according to a CoinShares report published Monday. Recently created altcoin offerings tracking Terra, Tezos and Cosmos had inflows of $2.2 million, $900,000 and $600,000, respectively.

New York-based Grayscale objavljeno a list of 25 new digital assets it is considering investing in, including Algorand (ALGO), Axie Infinity (AXIE), Cosmos (ATOM), Fantom (FTM) and Helium (HNT). The firm had most recently added payment network Amp (AMP) to its investment mix.

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Pošta ETP Cardano, Polkadot so dosegli Frankfurtsko borzo pojavil prvi na Blockworks.

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• Source: https://blockworks.co/cardano-polkadot-etps-hit-frankfurt-stock-exchange/