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Home Crypto News Market World’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.

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News Source: Global News Wire: Read More On: https://www.globenewswire.com/news-release/2021/06/28/2254123/0/en/21Shares-Continues-Its-Listing-Strategy-With-The-Launch-of-Solana-SOL-ETP.html

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Mark Brennanhttps://thecryptobasic.com/
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.

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