21Shares lists Chainlink, Terra and Uniswap ETPs on Euronext exchanges

21Shares, the issuer of cryptocurrency exchange-traded products, is expanding choices for investors who want exposure to digital assets other than Bitcoin and Ethereum.

Today, the Swiss Fintech company announced the listing of three ETPs tracking the performance of Chainlink, Terra and Uniswap on the Euronext exchanges in Paris and Amsterdam.

21Shares, which launched the world’s first crypto ETP in 2018, says its Chainlink ETP allows investors to bet on one of the most sophisticated oracle networks in the world. The token enables smart contracts to create blockchains for real-time data and computation. Chainlink’s use cases cover Defi infrastructure, insurance products, NFTs, and gaming applications.

The company added that its Terra ETP was produced in response to strong investor demand to gain exposure to the performance of the world’s second-largest ecosystem after Ethereum. With $18.8 billion in total value locked (TVL), Terra offers decentralized financial infrastructure, financial tools and NFT solutions.

21Shares constantly evaluates potential offers

Finally, 21Shares touts its Uniswap ETP as a proxy for the decentralized exchange that hosted $785 billion in trading volume, which is one of the largest in the industry.

Commenting on the new listings, Hany Rashwan, CEO and co-founder of 21Shares, said: “Today’s launch increases accessibility for investors and allows them to easily become part of the unique, innovative and secure crypto ecosystem. fast growing. This is another exciting addition for us as we continue to expand our extensive product line. »

21Shares, which has more than $2 billion in assets under management (AUM), attempted to structure a product that looked, from an institutional perspective, as close to a traditional ETF as possible. As of February 2022, the company’s offering had 26 cryptocurrency ETPs, including the world’s only ETPs that track Binance, 4 baskets of crypto indices. Two of them are designed for investors who want to earn staking rewards (Tezos and Solana).

The crypto ETP issuer, which previously deposited a spot bitcoin ETF in the US, is bringing in UK infrastructure provider Copper for its custody and staking requirements. Its products are listed on 10 regulated European and Swiss exchanges.