21Shares, a Swiss-based issuer for crypto-exchange-traded products (ETPs), announced the listing three new ETPs focusing on digital assets on Euronext’s Paris and Amsterdam exchanges – Decentraland and AAVE and FTX Token.
The exchange-traded products will enable market players to get exposure to the three assets without the need to own the underlying assets.According to the official press release, 21Shares Decentraland ETP, Aave, and 21Shares FTX Token ETP will be listed on Euronext Paris and Amsterdam.Decentraland (MANA) has emerged as one of the most established tokens in the metaverse ecosystem, with a market cap of almost $6 billion. It is the native currency of Ethereum-powered virtual reality platform Decentraland. AAVE is an Ethereum token that drives the decentralized non-custodial cash market protocol, Aave.FTT, however, is the native token for FTX exchange. A representative from 21Shares stated that FTX Token was an attractive investment case, providing exposure to the third largest cryptocurrency exchange in the globe. 21Shares also announced the listing of MANA and FTT on BX Exchange in Switzerland last week. Hany Rashwan, the CEO and cofounder of 21Shares, commented on the news. He said that the company had achieved many key milestones since its inception. According to the announcement, the company’s latest statistics showed that it has a total of $2 billion in cryptocurrency-traded products. It also lists 87 listings.
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