ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

SEC pushes deadlines for ARK 21Shares, VanEck spot Ether ETF applications

September 27, 2023

SEC’s Gensler Throws More Crypto Punches in Congressional Hearing

September 27, 2023

Bitcoin Price Prediction: BTC Dips 0.5% – What’s the Next Move for BTC?

September 27, 2023
Twitter Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
Twitter Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    SEC pushes deadlines for ARK 21Shares, VanEck spot Ether ETF applications

    September 27, 2023

    SEC’s Gensler Throws More Crypto Punches in Congressional Hearing

    September 27, 2023

    Bitcoin Price Prediction: BTC Dips 0.5% – What’s the Next Move for BTC?

    September 27, 2023

    SEC Begins Consideration of Franklin, Hashdex Crypto ETFs, Delays Decision on VanEck, ARK Ether ETFs

    September 27, 2023

    Bitcoin price holds steady as S&P 500 plunges to 110-day low

    September 27, 2023

    Texas is home to nearly 30% of all Bitcoin hash rate — Foundry

    September 27, 2023

    Everything you need to know about CommEx, so far

    September 27, 2023

    Coinbase CEO slams Chase UK for ‘totally inappropriate’ crypto move

    September 27, 2023

    Ethereum OFAC compliance dips to 45% post-Merge upgrade

    September 27, 2023

    Circle launches native euro stablecoin on Stellar

    September 26, 2023

    Tim Draper, Hall of Flame

    September 26, 2023

    MetaMask ‘glitch’ caused opBNB recommended fees to be too high: Report

    September 25, 2023

    Six Ethereum-Based Altcoins and Two Low-Cap Crypto Assets Flashing Bullish On-Chain Signal: Santiment

    September 27, 2023

    Ethereum-Based Altcoin Quietly Pulls Off 242% Rally This Month Amid Support from Crypto Exchange Gate.io

    September 27, 2023

    North Korean Hackers Lazarus Group Holds Over $46,000,000 in Bitcoin, Ethereum and Other Crypto: On-Chain Data

    September 27, 2023

    No One’s Prepared for Massive Cardano, XRP and Binance Coin Correction, Says Crypto Analyst Nicholas Merten

    September 27, 2023

    SEC pushes deadlines for ARK 21Shares, VanEck spot Ether ETF applications

    September 27, 2023

    SEC’s Gensler Throws More Crypto Punches in Congressional Hearing

    September 27, 2023

    Bitcoin Price Prediction: BTC Dips 0.5% – What’s the Next Move for BTC?

    September 27, 2023

    SEC Begins Consideration of Franklin, Hashdex Crypto ETFs, Delays Decision on VanEck, ARK Ether ETFs

    September 27, 2023
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos

    Bitcoin Might Be About To Drop! #bitcoin #crypto #shorts

    September 27, 2023

    What Is The FED Planning? Jerome Powell Tells It ALL!!

    September 26, 2023

    BitBoy Crypto: Confronting The Man Accused of Stealing EVERYTHING | TJ Shedd

    September 25, 2023

    Bitcoin Has A New Super Whale! (2024 Bringing Explosive Gains)

    September 25, 2023

    Crypto News: Ethereum, Tether FUD, Coinbase, BASE & MORE!!

    September 25, 2023
  • bitcoinBitcoin(BTC)
    $0.000.400% 24H
    BITCOIN
    24H : 0.400%
    Volume : $0.00
    Marketcap : $0.00
  • ethereumEthereum(ETH)
    $0.000.420% 24H
    ETHEREUM
    24H : 0.420%
    Volume : $0.00
    Marketcap : $0.00
  • tetherTether(USDT)
    $0.00-0.02% 24H
    TETHER
    24H : -0.02%
    Volume : $0.00
    Marketcap : $0.00
  • binancecoinBNB(BNB)
    $0.00-0.09% 24H
    BNB
    24H : -0.09%
    Volume : $0.00
    Marketcap : $0.00
  • rippleXRP(XRP)
    $0.00-0.36% 24H
    XRP
    24H : -0.36%
    Volume : $0.00
    Marketcap : $0.00
  • usd-coinUSDC(USDC)
    $0.000.050% 24H
    USDC
    24H : 0.050%
    Volume : $0.00
    Marketcap : $0.00
  • staked-etherLido Staked Ether(STETH)
    $0.000.470% 24H
    LIDO STAKED ETHER
    24H : 0.470%
    Volume : $0.00
    Marketcap : $0.00
  • cardanoCardano(ADA)
    $0.000.040% 24H
    CARDANO
    24H : 0.040%
    Volume : $0.00
    Marketcap : $0.00
  • dogecoinDogecoin(DOGE)
    $0.00-0.27% 24H
    DOGECOIN
    24H : -0.27%
    Volume : $0.00
    Marketcap : $0.00
  • solanaSolana(SOL)
    $0.00-0.27% 24H
    SOLANA
    24H : -0.27%
    Volume : $0.00
    Marketcap : $0.00
  • bitcoinBitcoin(BTC)
    $0.000.400% 24H
    BITCOIN
    24H : 0.400%
    Volume : $0.00
    Marketcap : $0.00
  • ethereumEthereum(ETH)
    $0.000.420% 24H
    ETHEREUM
    24H : 0.420%
    Volume : $0.00
    Marketcap : $0.00
  • tetherTether(USDT)
    $0.00-0.02% 24H
    TETHER
    24H : -0.02%
    Volume : $0.00
    Marketcap : $0.00
  • binancecoinBNB(BNB)
    $0.00-0.09% 24H
    BNB
    24H : -0.09%
    Volume : $0.00
    Marketcap : $0.00
  • rippleXRP(XRP)
    $0.00-0.36% 24H
    XRP
    24H : -0.36%
    Volume : $0.00
    Marketcap : $0.00
  • usd-coinUSDC(USDC)
    $0.000.050% 24H
    USDC
    24H : 0.050%
    Volume : $0.00
    Marketcap : $0.00
  • staked-etherLido Staked Ether(STETH)
    $0.000.470% 24H
    LIDO STAKED ETHER
    24H : 0.470%
    Volume : $0.00
    Marketcap : $0.00
  • cardanoCardano(ADA)
    $0.000.040% 24H
    CARDANO
    24H : 0.040%
    Volume : $0.00
    Marketcap : $0.00
  • dogecoinDogecoin(DOGE)
    $0.00-0.27% 24H
    DOGECOIN
    24H : -0.27%
    Volume : $0.00
    Marketcap : $0.00
  • solanaSolana(SOL)
    $0.00-0.27% 24H
    SOLANA
    24H : -0.27%
    Volume : $0.00
    Marketcap : $0.00
ApeWatcher News
Home » CoinShares launches staked Algorand ETP on Deutsche Boerse Xetra
Altcoin

CoinShares launches staked Algorand ETP on Deutsche Boerse Xetra

Coin TelegraphBy Coin TelegraphJuly 14, 20220 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

Major European cryptocurrency investment firm CoinShares is expanding its exchange-traded products (ETP) with a new physically-backed ETP based on Algorand (ALGO).

CoinShares on Thursday announced the listing of its physically-backed staked Algorand ETP on Xetra, the electronic trading platform run by Germany’s exchange operator Deutsche Boerse.

Named the CoinShares Physical Staked Algorand, the new crypto investment product will be trading on Xetra under the ticker RAND. The ETP is enabled through CoinShares’ proprietary technology platform Galata, allowing investors to benefit from the 2% staking rewards associated with participating in Algorand’s blockchain security.

The new Algorand ETP joins a family of CoinShares’s staked ETP offerings featuring blockchain networks and cryptocurrencies like Polkadot (DOT), Tezos (XTZ), Cardano (ADA), Solana (SOL), Cosmos (ATOM) and Polygon (MATIC).

Created in 2017, Algorand is a decentralized network and infrastructure aiming to enable an improved version of a Proof-of-Stake (PoS) blockchain, referred to as the pure PoS (PPoS). In contrast to many PoS networks, any network member can become a validator with the minimum stake required of 0.1 ALGO ($0.03).

The launch of the CoinShares Physical Staked Algorand comes amid the ongoing bear market and extreme volatility in recent months, with the total market capitalization standing below the $1 trillion mark.

“Despite the volatility seen across digital asset markets in recent weeks, we are encouraged by the demand we’re seeing for our products, especially our range of bankruptcy-remote, physically-backed staked ETPs,” CoinShares’ head of product Townsend Lansing said.

Related: Bitcoin to make new all-time-highs within 24 months: Coinshares CSO

The launch also comes against the backdrop of positive regulatory news following the finalization of the Markets in Crypto Assets (MiCA) regulations in Europe in late June, Lansing noted, adding:

“We see [MiCA] as a fantastic first step towards a comprehensive and transparent regulatory regime governing digital assets.”

The Algorand ETP launch comes shortly after CoinShares announced the acquisition of Napoleon Asset Management on July 4. The acquisition enabled CoinShares to offer products and services compliant with the Alternative Investment Fund Managers Directive, in addition to its major position as an issuer of crypto ETPs.

Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Six Ethereum-Based Altcoins and Two Low-Cap Crypto Assets Flashing Bullish On-Chain Signal: Santiment

September 27, 2023

Ethereum-Based Altcoin Quietly Pulls Off 242% Rally This Month Amid Support from Crypto Exchange Gate.io

September 27, 2023

North Korean Hackers Lazarus Group Holds Over $46,000,000 in Bitcoin, Ethereum and Other Crypto: On-Chain Data

September 27, 2023

No One’s Prepared for Massive Cardano, XRP and Binance Coin Correction, Says Crypto Analyst Nicholas Merten

September 27, 2023

Bitcoiner who tried to trade his way to Alaska has failed, 900 miles from finish

September 27, 2023

Pantera Capital Says One Ethereum Layer-2 ‘High on the List’ of New Crypto Opportunities

September 26, 2023
Add A Comment

Leave A Reply Cancel Reply

Top Articles

SEC pushes deadlines for ARK 21Shares, VanEck spot Ether ETF applications

September 27, 2023

SEC’s Gensler Throws More Crypto Punches in Congressional Hearing

September 27, 2023

Bitcoin Price Prediction: BTC Dips 0.5% – What’s the Next Move for BTC?

September 27, 2023
# Name Price Changes 24h Market CAPVolume Supply
ApeWatcher News
Twitter Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2023 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.