Nasdaq Welcomes 21Shares as First Issuer on its New Segment for Exchange Traded Notes
Zurich/Stockholm, December 7, 2021 – Nasdaq (Nasdaq: NDAQ) today announced that 21Shares has listed its first two physically backed exchange traded notes (ETNs) on Nasdaq Stockholm. The two instruments listed have Bitcoin (ISIN: CH0454664001) and Ethereum (ISIN: CH0454664027) respectively as underlying assets. In conjunction with the listing, Nasdaq launches a new segment for ETNs, securities listed on a regulated exchange tracking an underlying asset with liquidity supported by a market maker.
21Shares, one of the world’s largest issuers of cryptocurrency exchange traded products (ETPs) are listing the first two physically backed products on Nasdaq Stockholm with Bitcoin (Ticker: ABTC) and Ethereum (Ticker: AETH) as underlying assets. As of November, 21Shares managed USD 2.9 billion in 20 European crypto exchange traded products and 82 listings.
“We are excited to become the first issuer of physically-backed crypto ETNs for Nasdaq Stockholm, one of the most tech-forward global exchanges,” said Hany Rashwan, CEO of 21Shares. “Our partnership is a strong endorsement of 21Shares’ mission to make cryptos more accessible in a simple and regulated manner.”
In 2015, Nasdaq Stockholm was among the first exchanges in the world to trade exchange listed products with Bitcoin as an underlying asset.
“Exchange Traded Notes provide access to alternative investments while maintaining the transparency of a regulated marketplace, and we are happy to launch this new segment at Nasdaq Stockholm with 21Shares as the first issuer,” said Helena Wedin, European Head of Exchange Traded Products at Nasdaq.
All ETNs listed at Nasdaq Stockholm are available to trade through most regular banks and brokers.
About 21shares
21Shares takes innovation to the next level with the largest suite of cryptocurrency exchange-traded products (ETPs) in the world. In 2018 it pioneered the world’s first cryptocurrency index listing on the SIX Swiss Exchange, and it continues powering its cryptocurrency franchise with cutting-edge research and groundbreaking approaches to product strategy. 21Shares aims to provide all investors with an easy, secure, and regulated way to buy, sell, and short cryptocurrency through existing bank and brokerage accounts. The 21Shares issuance platform, Onyx, is used by both 21Shares and third parties to issue and operate cryptocurrency ETPs around the world. For more information, please visit www.21shares.com
21Shares Media Contact
Paulo Germann
press@21shares.com
+41 41 562 04 09
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.
Nasdaq Media Contact:
David Augustsson
David.augustsson@nasdaq.com
+46 734496135
Disclaimer
This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. This document constitutes advertisement within the meaning of the Swiss Financial Services Act and not a prospectus. This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful. This document does not constitute an offer of securities to sell or a solicitation of an offer to purchase in or into the United States, Canada, Australia, or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. This document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iv) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (v) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The Securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. In any EEA Member State (other than the France, Germany, Italy, Austria, Belgium, Croatia, Czech Republic, Denmark, Finland, Hungary, Ireland, Luxembourg, Malta, Netherlands, Norway, Poland, Romania, Slovakia, Spain, Lichtenstein) that has implemented the Prospectus Regulation (EU) 2017/1129, together with any applicable implementing measures in any Member State, the “Prospectus Regulation”) this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Regulation. Exclusively for potential investors in France, Germany, Italy, Austria, Belgium, Croatia, Czech Republic, Denmark, Finland, Hungary, Ireland, Luxembourg, Malta, Netherlands, Norway, Poland, Romania, Slovakia, Spain, Lichtenstein the 2021 Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com. The approval of the 2021 Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the 2021 Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities.