September 21, 2021 – 21Shares AG (“21Shares”), the world’s largest issuer of cryptocurrency ETPs, today announced the listing of its Solana ETP (Ticker ASOL FP in Euro and ASOL NA in USD) and Polkadot ETP (Ticker ADOT FP in EURO and ADOT NA in USD) on Euronext Paris and Amsterdam as of September 23.
Hany Rashwan, Co-Founder and CEO of 21Shares said, “We are thrilled with the listing of Solana and Polkadot in both EURO and USD on Euronext Paris and Amsterdam, respectively. It is an important milestone in our mission to build simple bridges into the world of crypto and provide investors with access to the leading French and Dutch exchange. We expect to launch more exciting new products and continue with listings later this year.”
Solana (SOL) is a highly functional open-source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi). Key advantages include proof-of-history consensus, incredibly short processing times, and low gas fees. According to Coinmarketcap.com Solana has a current market capitalization of $42.3 billion and is the seventh largest crypto asset as of September 20, 2021. ASOL ETP provides additional yield through staking rewards by validating transactions on the Solana blockchain.
Polkadot (DOT) serves as a connector of blockchains, allowing otherwise independent blockchains to communicate with each other, share security features, and transfer assets freely amongst themselves. The DOT token is the native token of the Polkadot network. It is designed to participate in governance decisions and act as an electronic payment system. With its market capitalization currently above $31 billion, it is the eighth largest cryptocurrency according to Coinmarketcap.com. ADOT ETP removes barriers to entry for newcomers to the cryptocurrency industry.
As of September 2021, 21Shares manages more than $1.8 billion in 15 cryptocurrency ETPs, including the world’s only ETPs tracking Binance, Tezos, various crypto baskets, and most recently Cardano.
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, visit www.21shares.com.
Media Contact
Paulo Germann, press@21shares.com
Disclaimer
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 for sale in or into the United States, Canada, Australia or Japan.This document does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities in the United States. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act yof 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. 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Eligible potential investors should read the 2019 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. You are about to purchase a product that is not simple and may be difficult to understand. 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 (the "FinSA") and not a prospectus. In accordance with article 109 of the Swiss Financial Services Ordinance, the Base Prospectus dated 13 November 2019, as supplemented from time to time (the "Base Prospectus") and the final terms for SBTC dated 22 January 2020 (the "Final Terms", and together with the Base Prospectus, the "Prospectus") have been prepared in compliance with articles 652a and 1156 of the Swiss Code of Obligations, as such articles were in effect immediately prior to the entry into effect of the FinSA, and the Listing Rules of the SIX Swiss Exchange in their version in force as of January 1, 2020. Consequently, the Prospectus has not been and will not be reviewed or approved by a Swiss review body pursuant to article 51 of the FinSA, and does not comply with the disclosure requirements applicable to a prospectus approved by such a review body under the FinSA. Copies of the Prospectus are available free of charge from the website of the Issuer. Subject to applicable securities laws, the Base Prospectus and the final terms of any product mentioned herein can be obtained from 21Shares AG on the website. Copies of this document may not be sent to jurisdictions, or distributed in or sent from jurisdictions, in which this is barred or prohibited by law. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, in any jurisdiction in which such offer or solicitation would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction.
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