18 crypto assets with an inherent focus on institutional investors
throughout Germany and Austria.
Following the successful expansion of its cryptocurrency service
within its homeland of Switzerland, fintech firm Leonteq has now launched a collaborative effort with ICF Bank — one of Germany’s leading securities trading banks — to bring crypto to institutional investors throughout Germany and Austria.
Well
regarded for their accolades in the Swiss markets, including being the
“world’s first short tracker certificate on Bitcoin in 2017, as well as
the world’s first reverse convertible on Bitcoin in 2019,” the firm is
now set to make further strides in the emerging space.
Following
the evolution of a multi-year relationship, Leonteq and ICF Bank have
teamed up in an effort to branch the former's financial offerings beyond
traditional structured assets with the introduction of 18 crypto-based
assets including the impassable Bitcoin (BTC) and Ether (ETH), as well as Cardano (ADA), Aave (AAVE) and XRP, amongst others.
Tracking certificates for each of these assets can be viewed on the Börse Frankfurt Zertifikate AG.
Related: What the SEC can learn from the German regulator
Following
this, Leonteq reportedly boasts the biggest crypto offering for both
institutional and retail investors in the DACH region (Germany, Austria
and Switzerland).
Commenting on the benefits that their customers
will experience following this news, Tino Wendisch, head of crypto
offering at Leonteq stated:
“We are proud to offer our clients
such a broad underlying universe and unique investment opportunities in
various themes within the crypto space such as decentralized finance,
storage or blockchain technologies in a securitised format.”
source link : https://cointelegraph.com/news/fintech-company-leonteq-expands-crypto-offering-in-europe
