Thus, in Euronext Paris, the instrument will trade in EUR under the ticker MATIC FP. In Amsterdam – in USD (MATIC NA).
Furthermore, 21Shares maintains around $2.9 billion in 20 cryptocurrency ETPs and 81 listings as of November 2021; including the world’s only ETPs tracking Binance, the Crypto Index Basket; and two ETPs featuring staking rewards for investors (Tezos and Solana). It has eight regulated European and Swiss trading exchanges where its products are listed.
The company’s cryptocurrency ETPs
In November, a similar ETP was listed on Switzerland’s largest stock exchange, SIX Swiss Exchange. The listing of 21Shares Polygon ETP took place on November 18, and 21Shares Avalanche ETP – the next day. The auction of 21Shares ETP Algorand started on November 23.
“Adding Polygon, Avalanche and Algorand to our already extensive set of ETP provides another easy and affordable option for investors to enter the crypto asset class”. Said Hany Rashwan, co-founder and CEO of 21Shares.
In addition, the number of the company’s cryptocurrency ETP has reached 20. In total, they passed 81 listings and listed on eight regulated European sites.
200-fold growth rate of assets under management
As of November, the volume of assets under management of 21Shares amounted to $2.9 billion. Earlier in February, the firm reported overcoming the $1 billion mark. In two years, the company has demonstrated a 200-fold growth rate of assets under management (AUM).
Rashwan noted that the presence of ISIN, a global identification standard for securities such as stocks and bonds attracted investors.
Recall that previously in September, The SIX Swiss Exchange’s Crypto Market Index 10 has acquired approval. Moreover, the Crypto Market Index Fund has been certified by the Swiss Financial Market Supervisory Body (FINMA) as the “first crypto fund according to Swiss law,” the authority stated.