05/22/2024 | Press release | Distributed by Public on 05/22/2024 05:40
The crypto ETN offer investors access to the performance of the cryptocurrency Cardano in combination with a staking bonus. 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 product is physically collateralised via the cryptocurrency. The ETN can be traded in euros or US dollars using the respective Xetra ticker.
Name |
ISIN |
Cryptocurrency |
Xetra ticker of trading currency |
|
EUR |
USD |
|||
Cardano ADA Staking by Liqwid ETP |
Cardano |
CSLE |
CSLF |
All crypto ETNs tradable on Xetra are physically collateralised and listed on the Regulated Market of the Frankfurt Stock Exchange. In addition, all crypto ETNs on Xetra are centrally cleared by Eurex Clearing AG as Deutsche Börse Group's central counterparty (CCP). Through central clearing, institutional investors in particular benefit from reduced risks in the settlement of transactions.
The product offering in Deutsche Börse's ETF & ETP segment currently comprises a total of 2,162 ETFs, 191 ETCs and 246 ETNs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs and ETPs in Europe.