21Shares AG, the largest issuer of cryptocurrency exchange-traded products (ETPs) globally, has announced the listing of three ETPs on Euronext Paris and Amsterdam. The underlying assets for these ETPs were for Chainlink (LINK/USD), Terra (LUNA/USD) and Uniswap (UNI/USD).
Chainlink, Terra & Uniswap ETPs
The press release describes each of the three ETPs and their value in the blockchain ecosystem. 21Shares notes that Chainlink is “among the most sophisticated oracle networks in the world.” It added that the network supports smart contracts to support the development of blockchains with real-time data.
The Chainlink ETP will trade on Euronext Amsterdam under the ticker ALINK NA and trade on Euronext Paris under the ticker ALINK FP. The announcement said that Chainlink has use cases in decentralized finance, insurance, non-fungible tokens and blockchain gaming.
The Terra ETP will trade under the ticker LUNA FP on Euronext Amsterdam, and under the same ticker in Euronext Paris. 21Shares notes that Terra has strong use cases in the blockchain sector, including DeFi, NFTs and financial tools. It further notes that the most innovative development on the Terra blockchain is the Anchor protocol that allows investors to generate attractive yields through lending and borrowing.
Lastly, the Uniswap ETP will trade under the ticker AUNI NA on Euronext Amsterdam and AUNI FP on Euronext Paris. According to 21Shares, the Uniswap ecosystem has adopted more than 300 tools and applications. It also mentions the strength of Uniswap’s trading volume, surpassing $785 billion. This is one of the largest trading volumes in the crypto sector.
21Shares is growing its crypto portfolio
The CEO and co-founder of 21Shares, Hany Rashwan said,
Today’s launch increases accessibility for investors and allows them to easily be part of the unique, innovative, and fast-growing crypto ecosystem. This is another exciting addition for us as we continue to expand our massive product suite.
As of February 2022, the firm has more than $2 billion worth of 26 cryptocurrency ETPs under management. 21Shares also hosts the only ETP in the world tracking Binance. It also has 4 Crypto Index Baskets and two ETPs with investor staking rewards. The crypto products offered by 21Shares are listed on 10 trading exchanges regulated in Europe and Switzerland.
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