Cryptocurrency ETP issuer 21Shares has launched three new crypto ETPs on the BX Swiss with Aave, Chainlink, and Uniswap respectively as the underlying assets.
The firm writes that Aave (ISIN: CH1135202120, Ticker: AAVE BW) is at the forefront of decentralised finance through its open-source, non-custodial liquidity market protocol. Aave’s open-source network allows users to seamlessly interact with an API or directly with smart contracts on the Ethereum network, ensuring greater transparency and efficiency.
21Shares writes that Chainlink (ISIN: CH1100083471, Ticker: LINK BW) is among the most sophisticated oracle networks in the world and enables smart contracts to create efficient blockchains for real-time data and computation. Chainlink’s network has grown to encompass a vast number of use cases from decentralised finance, enterprise infrastructure, insurance products, NFTs, and gaming applications.
Finally, 21Shares writes that Uniswap (ISIN: CH1135202096, Ticker: AUNI BW) is one of the largest decentralised exchanges in the world operating on the Uniswap protocol, which delivers liquidity and trading for tokens on the Ethereum blockchain. Uniswap’s spectacular growth has allowed its ecosystem to integrate 300+ tools and applications, with a trading volume of USD785 billion plus, which is among the largest in the industry.
Hany Rashwan, CEO and Co-Founder 21Shares says: “Today’s launch increases accessibility for investors and allows them to easily be part of the unique, innovative, and fast-growing crypto ecosystem. This is another exciting addition for us as we continue to expand our massive product suite.”