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

Trader Who Nailed 2022 Bitcoin Bottom Says BTC Disbelief Rally Is Underway – Here Are His Targets

March 26, 2023

Billionaire Barry Sternlicht Warns of Hard Landing — Says ‘Economy Is Going to Implode’

March 26, 2023

Billionaire Bill Ackman on US Banking Crisis: ‘I Fear We Are Heading for a Train Wreck’

March 26, 2023
Twitter Telegram
  • Listing Platform
  • Home
  • BSC
  • CRO
  • ETH
  • BRC
Advertise
Twitter Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    Trader Who Nailed 2022 Bitcoin Bottom Says BTC Disbelief Rally Is Underway – Here Are His Targets

    March 26, 2023

    Billionaire Barry Sternlicht Warns of Hard Landing — Says ‘Economy Is Going to Implode’

    March 26, 2023

    Billionaire Bill Ackman on US Banking Crisis: ‘I Fear We Are Heading for a Train Wreck’

    March 26, 2023

    US explores additional bank support favoring First Republic’s benefit: Report

    March 26, 2023

    Trader Who Nailed 2022 Bitcoin Bottom Says BTC Disbelief Rally Is Underway – Here Are His Targets

    March 26, 2023

    Crypto Trader Maps Path Forward for Aptos and Chainlink, Predicts Altcoins Will Fly Once Bitcoin Cools Off

    March 25, 2023

    Bitcoin liquidations vanish as trader hopes $30K will hit before dip

    March 25, 2023

    Bitcoin Could Easily Rip by Over 140% Amid Banking Crisis, Says Tether CTO Paolo Ardoino – Here’s the Timeline

    March 25, 2023

    Euler Finance exploiter returns over 58,000 stolen Ether

    March 25, 2023

    Bitcoin likely to outperform all crypto assets following banking crisis, analyst explains

    March 24, 2023

    Heavyweight champ Oleksandr Usyk seeks to tokenize boxers’ careers

    March 24, 2023

    Arbitrum airdrop sells-off at listing, but traders remain bullish on ARB

    March 23, 2023

    Polkadot, Kusama and Cardano Leading Crypto Space in Terms of ‘Notable GitHub Activity’: Santiment

    March 25, 2023

    Cardano Creator Charles Hoskinson Says US Government Waging War on Crypto, Urges Industry Leaders To Step Up

    March 25, 2023

    Arbitrum Discord hacker shares phishing announcement amid airdrop hype

    March 25, 2023

    Analyst Predicts Ethereum Rival Will Explode by Over 90%, Updates Outlook on XRP, Cardano and Solana

    March 25, 2023

    Trader Who Nailed 2022 Bitcoin Bottom Says BTC Disbelief Rally Is Underway – Here Are His Targets

    March 26, 2023

    Billionaire Barry Sternlicht Warns of Hard Landing — Says ‘Economy Is Going to Implode’

    March 26, 2023

    Billionaire Bill Ackman on US Banking Crisis: ‘I Fear We Are Heading for a Train Wreck’

    March 26, 2023

    US explores additional bank support favoring First Republic’s benefit: Report

    March 26, 2023
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos

    🔴 US Economy is headed for a "DISASTER of EPIC Proportion"! 🔴

    March 24, 2023

    I Can't Believe They Did This?! Signature Shutdown!

    March 24, 2023

    NO ONE Will Admit THIS! #shorts #bitcoin #youtubeshorts

    March 24, 2023

    #1 Bitcoin Mistake! (DO NOT DO THIS)

    March 24, 2023

    The SEC Crackdown Against Crypto Just Got Worse..

    March 23, 2023
  • jeet-detector-botJDB(JDB)
    $0.00-0.61% 24H
    JDB
    24H : -0.61%
    Volume : $0.00
    Marketcap : $0.00
  • bitcoinBitcoin(BTC)
    $0.000.250% 24H
    BITCOIN
    24H : 0.250%
    Volume : $0.00
    Marketcap : $0.00
  • ethereumEthereum(ETH)
    $0.000.370% 24H
    ETHEREUM
    24H : 0.370%
    Volume : $0.00
    Marketcap : $0.00
  • usdex-stablecoinUSDEX(USDEX)
    $0.00-0.47% 24H
    USDEX
    24H : -0.47%
    Volume : $0.00
    Marketcap : $0.00
  • tetherTether(USDT)
    $0.00-0.13% 24H
    TETHER
    24H : -0.13%
    Volume : $0.00
    Marketcap : $0.00
  • binancecoinBNB(BNB)
    $0.000.190% 24H
    BNB
    24H : 0.190%
    Volume : $0.00
    Marketcap : $0.00
  • usd-coinUSD Coin(USDC)
    $0.000.080% 24H
    USD COIN
    24H : 0.080%
    Volume : $0.00
    Marketcap : $0.00
  • rippleXRP(XRP)
    $0.001.88% 24H
    XRP
    24H : 1.88%
    Volume : $0.00
    Marketcap : $0.00
  • cardanoCardano(ADA)
    $0.00-0.95% 24H
    CARDANO
    24H : -0.95%
    Volume : $0.00
    Marketcap : $0.00
  • dogecoinDogecoin(DOGE)
    $0.00-0.34% 24H
    DOGECOIN
    24H : -0.34%
    Volume : $0.00
    Marketcap : $0.00
  • jeet-detector-botJDB(JDB)
    $0.00-0.61% 24H
    JDB
    24H : -0.61%
    Volume : $0.00
    Marketcap : $0.00
  • bitcoinBitcoin(BTC)
    $0.000.250% 24H
    BITCOIN
    24H : 0.250%
    Volume : $0.00
    Marketcap : $0.00
  • ethereumEthereum(ETH)
    $0.000.370% 24H
    ETHEREUM
    24H : 0.370%
    Volume : $0.00
    Marketcap : $0.00
  • usdex-stablecoinUSDEX(USDEX)
    $0.00-0.47% 24H
    USDEX
    24H : -0.47%
    Volume : $0.00
    Marketcap : $0.00
  • tetherTether(USDT)
    $0.00-0.13% 24H
    TETHER
    24H : -0.13%
    Volume : $0.00
    Marketcap : $0.00
  • binancecoinBNB(BNB)
    $0.000.190% 24H
    BNB
    24H : 0.190%
    Volume : $0.00
    Marketcap : $0.00
  • usd-coinUSD Coin(USDC)
    $0.000.080% 24H
    USD COIN
    24H : 0.080%
    Volume : $0.00
    Marketcap : $0.00
  • rippleXRP(XRP)
    $0.001.88% 24H
    XRP
    24H : 1.88%
    Volume : $0.00
    Marketcap : $0.00
  • cardanoCardano(ADA)
    $0.00-0.95% 24H
    CARDANO
    24H : -0.95%
    Volume : $0.00
    Marketcap : $0.00
  • dogecoinDogecoin(DOGE)
    $0.00-0.34% 24H
    DOGECOIN
    24H : -0.34%
    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

Polkadot, Kusama and Cardano Leading Crypto Space in Terms of ‘Notable GitHub Activity’: Santiment

March 25, 2023

Cardano Creator Charles Hoskinson Says US Government Waging War on Crypto, Urges Industry Leaders To Step Up

March 25, 2023

Arbitrum Discord hacker shares phishing announcement amid airdrop hype

March 25, 2023

Analyst Predicts Ethereum Rival Will Explode by Over 90%, Updates Outlook on XRP, Cardano and Solana

March 25, 2023

MakerDAO votes to keep USDC as primary collateral, rejects ‘diversification’ plan

March 24, 2023

Ethereum (ETH) Competitor Avalanche (AVAX) Suffers Brief Network Outage Amid Upgrade

March 24, 2023
Add A Comment

Leave A Reply Cancel Reply

Top Articles

Trader Who Nailed 2022 Bitcoin Bottom Says BTC Disbelief Rally Is Underway – Here Are His Targets

March 26, 2023

Billionaire Barry Sternlicht Warns of Hard Landing — Says ‘Economy Is Going to Implode’

March 26, 2023

Billionaire Bill Ackman on US Banking Crisis: ‘I Fear We Are Heading for a Train Wreck’

March 26, 2023
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.