Cardano And Stellar Exchange-traded Products Is Coming to Switzerland

Cardano and Stellar Exchange-traded products coming to Swiss Exchange. 

Leading crypto ETP issuer 21Shares announced it will launched the very first ADA ETP(AADA) and XLM ETP(AXLM). 

The new exchange-traded products will be available for trading on April 26 in the Swiss stock exchange SIX. 

Coinbase will assume custody for XLM and Kingdom Trust for ADA. 

Each unit of the ETP is backed by approx. 40 XLM and 16 ADA respectively at launch with a base fee of 2.5% p.a.

Innovation are essential and 21Shares makes sure they are keeping up with the demand of the growing blockchain technology.

#SmartCrypto