Swiss ETP issuer 21Shares AG announces the launch of three new crypto-ETPs based on Aave, Chainlink and Uniswap on the BX Swiss exchange. The Swiss ETP provider thus continues to expand its extensive product portfolio.
Aave (ISIN: CH1135202120, ticker: AAVE BW) is a pioneer in the DeFi (decentralized finance) space with its open-source, non-custodial (use of private keys that remain with the user) liquidity market protocol. Aave’s open-source network allows users to interact seamlessly through an API or with smart contracts on the Ethereum network, providing greater transparency and efficiency.
Uniswap (ISIN: CH1135202096, ticker: AUNI BW) is one of the largest decentralized exchanges in the world based on the Uniswap protocol, which provides liquidity and trading for tokens on the Ethereum blockchain. Uniswap’s spectacular growth has enabled its ecosystem to integrate more than 300 tools and applications with a total trading volume of more than $785 billion. The Uniswap ecosystem is among the largest in the entire industry.
Chainlink (ISIN: CH1100083471, ticker: LINK BW) is among the most advanced Oracle networks in the world (Oracles serve as bridges between the blockchain and the real world). It enables, through smart contracts, to create efficient real-time data and computation for blockchains. Chainlink’s network now spans a variety of use cases, from decentralized finance, enterprise infrastructure, insurance products, NFTs, and gaming applications.
Large product portfolio
“Our product launch today further contributes to providing investors accessibility and participation in the unique, innovative and rapidly growing crypto ecosystem. It represents another exciting addition to our large product portfolio.” – Hany Rashwan, CEO and Co-Founder of 21Shares
As of February 2022, 21Shares manages more than $2 billion in 26 cryptocurrencies ETPs and 87 listings. This includes the world’s only ETP product on Binance Coin (BNB), four crypto baskets, and Tezos and Solana, two ETPs where investors can enjoy staking returns. 21Shares’ products are listed on ten regulated European and Swiss trading venues.