Investing in the DeFi revolution: 21Shares launches Layer 1 and DeFi ETPs
May 12 2022 - 2:15AM
Investing in the DeFi revolution: 21Shares launches Layer 1 and
DeFi ETPs
Investing in the DeFi revolution:
21Shares launches Layer 1 and DeFi ETPs
21Shares Launches First DeFi ETP in
Europe and Layer 1 Index ETP
- With the 21Shares DeFi 10
Infrastructure ETP, 21Shares is the first provider in Europe to
launch an ETP based on a DeFi index.
- The 21Shares Layer 1 ETP invests
exclusively in Layer 1 blockchains, which represent the technical
basis of the DeFi universe and the entire crypto industry.
May 12, 2022- 21Shares AG ("21Shares"), a Swiss-based issuer of
crypto Exchange Traded Products (ETPs), today announces the launch
of the new 21Shares Layer 1 and 21Shares DeFi 10 Infrastructure
ETPs on SIX Swiss and BX Swiss Exchange respectively. Both of these
new products allow investors to invest in the services and
technical fundamentals of the DeFi industry.
21Shares Layer 1 ETP offers thematic exposure to
blockchain foundations
The 21Shares Layer 1 ETP (symbol: LAY1) is listed on SIX Swiss
Exchange as of today, May 12, 2022, and offers investors targeted
exposure to the blockchains that form the technical foundation of
the DeFi universe. To this end, LAY1 tracks an index which was
custom-tailored by index provider Vinter and invests in an index
that includes the five largest Layer 1 blockchains - with a maximum
weighting of 30 percent per blockchain. Rebalancing is conducted on
a quarterly basis.
21Shares DeFi 10 Infrastructure ETP: dApps for the
future of finance
The 21Shares DeFi 10 Infrastructure ETP (symbol: DEFII) is
planned to be listed on BX Swiss Exchange on May 18, 2022. It is
designed to provide investors targeted exposure to the emerging
decentralized financial services (DeFi) industry rooted in
blockchain technology, and tracks the results of a customized index
also created by Vinter. This index tracks a combination of the
price performance of decentralized DeFi applications ("dApps") and
Layer 1 blockchains, which form the technological basis of DeFi.
Each comprises 50 percent of the overall index. The assets in both
categories are ranked by market capitalization and reweighted
quarterly.
Ophelia Snyder, Co-founder and
President of 21Shares,
comments:
"Our financial system is at the beginning of a paradigm shift. A
plethora of new blockchain-based applications around DeFi and Web3
are already under development and making enormous progress. They
are the components of a completely new, democratic and inclusive
financial system. With our new thematic crypto ETPs, we’re
providing investors with two broadly diversified investment
vehicles at the ideal time to participate in this revolution."
# # #
About 21Shares:21Shares takes
innovation to the next level with the largest suite of
cryptocurrency exchange-traded products (ETPs) in the world. In
2018 it pioneered the world’s first cryptocurrency index listing on
the SIX Swiss Exchange, and it continues powering its
cryptocurrency franchise with cutting-edge research and
groundbreaking approaches to product strategy. 21Shares aims to
provide all investors with an easy, secure and regulated way to
buy, sell and short cryptocurrency through existing bank and
brokerage accounts. 21Shares is a Swiss company registered in Zug,
Switzerland with offices in Zurich and New York City. For more
information, please visit www.21shares.com.
Press Contact
Arielle Sobel, Head of Global Communications
arielle@amun.com
Disclaimer:This document is not
an offer to sell or a solicitation of an offer to buy or subscribe
for securities of 21Shares AG. Neither this document nor anything
contained herein shall form the basis of, or be relied upon in
connection with, any offer or commitment whatsoever in any
jurisdiction. This document constitutes advertisement within the
meaning of the Swiss Financial Services Act and not a prospectus.
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 to sell or a solicitation of an
offer to purchase 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. 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. In any EEA Member
State (other than the France, Germany, Italy, Austria, Belgium,
Croatia, Czech Republic, Denmark, Finland, Hungary, Ireland,
Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland,
Romania, Slovakia, Spain ) that has implemented the Prospectus
Regulation (EU) 2017/1129, together with any applicable
implementing measures in any Member State, the "Prospectus
Regulation") this communication is only addressed to and is only
directed at qualified investors in that Member State within the
meaning of the Prospectus Regulation. Exclusively for potential
investors in France, Germany, Italy, Austria, Belgium, Croatia,
Czech Republic, Denmark, Finland, Hungary, Ireland, Liechtenstein,
Luxembourg, Malta, Netherlands, Norway, Poland, Romania, Slovakia,
Spain the 2021 Base Prospectus (EU) is made available on the
Issuer's website under www.21Shares.com. The approval of the 2021
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 2021
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.
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