Issuer of cryptocurrency exchange traded products (ETPs) 21Shares AG today unveiled the 21Shares Stacks Staking ETP (ASTX) – the world’s first ETP offering exposure to Stacks.
Stacks is a crypto asset protocol that unlocks the full potential of Bitcoin as an infrastructure for smart contracts and decentralized applications. Stacks’ core vision is to expand beyond Bitcoin’s principal use case as an emerging store-of-value asset and settlement infrastructure.
“ASTX provides a unique opportunity for investors, as there are currently no other investment products providing exposure to Stacks on the market,” said Arthur Krause, Director of ETP Product at 21.co, parent company of 21Shares. “At 21Shares, we pride ourselves on continually bringing first-to-market products to investors in a safe and regulated manner. Our ETPs allow investors to access innovative and promising crypto assets through trusted investment vehicles.”
The 21Shares Stacks Staking ETP (ASTX) is available today for trading on BX Swiss exchange.
