nxtAssets issues ETPs on Bitcoin and Ethereum and sets new custody standards

The new products, nxtAssets Bitcoin direct (ISIN: DE000NXTA018) and nxtAssets Ethereum direct (ISIN: DE000NXTA026), will allow German investors to safely and easily invest in the leading cryptocurrencies Bitcoin and Ethereum on a regulated basis – using their existing brokerage accounts.

Custody is provided by Crypto Finance (Deutschland) GmbH, a member of the Deutsche Börse Group, which will allow nxtAssets to guarantee the highest levels of security and transparency – signaling a more trustworthy future for crypto investments.

nxtAssets’ ETPs are fully backed by physically deposited Bitcoin and Ethereum holdings. Custody is handled in Germany by Crypto Finance Deutschland GmbH, a member of the Deutsche Börse Group. The products have been traded since February 26 on Deutsche Börse’s Xetra, on major regional exchanges, and on other platforms. Starting today, March 24, the listing of the new products on the Swiss Stock Exchange SIX begins.

“Bitcoin and Ethereum are more than just speculative investments – they are valuable digital assets. However, many investors are still hesitant due to technical hurdles and security concerns. This is exactly where nxtAssets steps in”, says Dirk Hess, Managing Director of nxtAssets. “Our crypto ETPs allow for easy and secure investments – without the need for a separate custody account or complex wallets.”

A strong partner supported by a strong structure

nxtAssets GmbH is a new issuer of collateralized crypto ETPs and is managed by Vera Claas and Dirk Hess. It is a joint venture comprising several renowned financial institutions: Bergos, a Swiss private bank, Bank Vontobel, the global brokerage company Interactive Brokers through its subsidiary IBKR Financial Services AG, the Deutsche Börse Group through its subsidiary 360T AG, and Börsenmedien AG, a leading German business publisher. This strong ownership structure underscores nxtAssets’ position as a trustworthy issuer on the crypto ETP market. In addition, Crypto Finance (Deutschland) GmbH, another Deutsche Börse Group company, provides custody within a security infrastructure that meets the highest regulatory requirements.

Vera Claas, Managing Director of nxtAssets, said: „With the approval by the German Federal Financial Supervisory Authority and our strong partners, we can build the trust that investors are looking for. We offer a regulated, transparent solution that makes digital assets just as accessible as traditional financial products”.