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HomeCrypto NewsMarketWorld’s First Solana (SOL) ETP Coming On Swiss Stock Exchange By 21Shares

World’s First Solana (SOL) ETP Coming On Swiss Stock Exchange By 21Shares

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21Shares AG, is launching the world’s first Solana (SOL) ETP (ticker: ASOL) on the regulated market of the Swiss stock exchange (SIX Exchange) on Wednesday, June 30th 2021 further boosting 21Shares as the leading issuer of crypto ETPs.

The ETP will offer additional yield through staking rewards by validating transactions on the Solana blockchain which is dedicated to fostering active network participation (such as staking) in a secure, regulated and insured environment. The SOL ETP structure is 100% physically collateralized, segregated and replicates 1:1 the tracking of the crypto asset.


News Source: Global News Wire: Read More On:

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Mark Brennan
Mark Brennan
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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