issuance.swiss offers new crypto ETN Figment products on Ethereum and Solana with staking rewards
Lorien Gabel, CEO of Figment
Since Wednesday, two new crypto ETNs issued by issuance.swiss in partnership with Figment have been tradable via Xetra and Börse Frankfurt.
The two crypto ETNs offer investors access to the performance of the cryptocurrencies Ethereum and Solana in combination with a staking premium. Staking allows cryptocurrency users to earn rewards by locking their coins in wallets that are used to validate network transactions on the blockchain. Through this method, investors can not only participate in the performance of the cryptocurrency, but also benefit from the respective staking income.
The products are physically collateralised via the cryptocurrency. Both ETNs can be traded in euros or US dollars using the respective Xetra ticker.
Name | ISIN | Cryptocurrency | Xetra ticker of trading currency | |
EUR | USD | |||
| Figment Ethereum Plus Staking Rewards ETN | CH1327686031 | Ethereum | FFTH | FFTI |
| Figment Solana Plus Staking Rewards ETN | CH1327686049 | Solana | FSOL | FSOM |
Source: ETFWorld.co.uk
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