ZURICH, 25 July 2024 – 21Shares AG (“21Shares”), one of the world’s largest issuers of crypto exchange traded products (ETPs), today announced that the firm has added staking to the 21Shares Cosmos ETP (ATOM) and the 21Shares Avalanche ETP (AVAX) and will be renaming them as follows, effective today:
| Ticker | ISIN | Current Product Name | New Product Name |
| ATOM | CH1145930991 | 21Shares Cosmos ETP | 21Shares Cosmos Staking ETP |
| AVAX | CH1135202088 | 21Shares Avalanche ETP | 21Shares Avalanche Staking ETP |
Staking involves locking specific crypto-assets to support the operation and security of a blockchain network, earning rewards in the process. By integrating staking rewards into 21Shares ETPs, investors enjoy a potential additional income stream without having to keep their assets locked, enhancing overall returns while maintaining exposure to the respective underlying assets.
According to Coinbase (as of 16 July 2024), the average staking yield for Cosmos is around 12.74% and the average staking yield for Avalanche is 4.47%,
“Since 2018, 21Shares has pioneered the innovation of crypto asset exchange traded products (ETPs) globally,” said Hany Rashwan, Co-Founder and CEO of 21Shares. “Providing investors the opportunity to generate potential additional income through staking underscores the firm’s commitment to staying at the forefront of product innovation.”
In January 2022, 21Shares listed the world’s first crypto ETP for the Cosmos blockchain with the launch of ATOM. ATOM, which is 100% physically backed, delivers a regulated way to tap into Comsos’ network growth, which fosters cross-chain interoperability and allows siloed blockchains to communicate with each other—an essential component to the growth of decentralized finance (DeFi). Launched in November 2021, AVAX, also 100% physically-backed, tracks the performance of Avax tokens. Designed to increase transaction speeds and enable real-world asset tokenization, Avalanche is well-suited to support and scale the traditional financial industry. AVAX offers a simple and regulated way for investors to gain exposure to the network’s growth.
Since its inception, 21Shares has a track record of advancing innovative crypto asset pro
ducts, creating a bridge for investors between traditional finance and decentralized finance, and has demonstrated operational and client service excellence with a focus on transparency, risk management, and sustainability.
Press Contact:
21Shares: Audrey Belloff, audrey.belloff@21.co
About 21.co / 21Shares:
21.co is the world’s leader in providing access to crypto through simple and easy to use products. 21.co is the parent company of 21Shares, the world’s largest issuer of cryptocurrency exchange traded products (ETPs) – which is powered by Onyx, a proprietary technology platform used to issue and operate cryptocurrency ETPs for 21Shares and third parties. The company was founded in 2018 by Hany Rashwan and Ophelia Snyder. 21Sharesis registered in Zurich, Switzerland with offices in Zurich, London and New York. For more information, please visit 21Shares.
DISCLAIMER
This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.
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. 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. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.
Within the United Kingdom, 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 (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) 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.
Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com.
The approval of the Issuer’s 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 Issuer’s 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 constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2023 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with SIX Exchange Regulation AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2023 Base Prospectus and the key information document for any products may be obtained at 21Shares AG's website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).
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