Deutsche Börse expands crypto offering on Xetra with Valour's first internet computer ETN
Deutsche Börse expands crypto offering on Xetra with Valour's first internet computer ETN
Deutsche Börse is further expanding its range of cryptocurrency products: As of today, for the first time, an Exchange Traded Note (ETN) on Internet Computer (ICP) can be traded via Xetra and the trading venue Börse Frankfurt. The issuer of the ETN is Valour Digital Securities.
With 1Valour Internet Computer Physical Staking, investors on Xetra can participate in the performance of the Internet Computer cryptocurrency in combination with staking for the first time without having to set up crypto wallets. Staking is the process of depositing the respective crypto assets on the blockchain to validate transactions. In return, a premium is paid. In this way, investors can participate not only in the performance of the cryptocurrency, but also in the respective staking income.
The ICP-backed ETN has been admitted to the Regulated Market of the Frankfurt Stock Exchange and is centrally cleared via Eurex Clearing.
Name | Asset class | ISIN | Management fee | Crypto currency |
1Valour Internet Computer Physical Staking | Crypto ETN | 1.90 Prozent | Internet Computer (ICP) |
All crypto ETNs tradable on Xetra are physically collateralised and listed on the Regulated Market of the Frankfurt Stock Exchange. In addition, all crypto ETNs on Xetra are centrally cleared by Eurex Clearing AG as Deutsche Börse Group's central counterparty (CCP). Through central clearing, institutional investors in particular benefit from significantly reduced risks in the settlement of transactions.
The product offering in Deutsche Börse's ETF & ETP segment currently comprises a total of 2,130 ETFs, 191 ETCs and 234 ETNs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs and ETPs in Europe.