Euronext has listed SEBA Bank’s digital asset-based exchange-traded products (ETPs) on its European exchange, connecting European economies to global capital markets.
SEBA Bank’s current ETP offering consists of single-coin tracker certificates with Bitcoin, Ether and Polkadot as underlying instruments as well as the SEBAX Crypto Asset Select Index.
As part of the mandate, these products will be listed in USD at Euronext Amsterdam and in EUR at Euronext Paris.
Euronext operates other regulated exchanges in Belgium, Ireland, Italy, Norway and Portugal.
Listed at the SIX Swiss Exchange since April 2021, SEBA Bank’s ETPs are designed to provide investors with secure and cost-effective means to access digital assets without the associated custody and security challenges.
Commenting on the listing, Gregory Mall, senior portfolio manager at SEBA Bank, says: “Collateralised ETPs are a key development for investing in crypto assets. As an emerging asset class which constantly matures, we see more demand for reliable, easily-accessible and liquid investment vehicles.”
He adds: “Listing our products at Euronext will significantly increase our distribution capabilities and marks another step in our mission to provide a secure and cost-effective alternative to dealing with private keys and cryptocurrency exchanges.”
