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21Shares expands portfolio with MANA, AAVE and FTX ETPs

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21Shares
21Shares

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21Shares has expanded its crypto portfolio by listing three new exchange-traded products (ETPs) on Euronext Paris and Amsterdam. The firm has listed Decentraland (MANA), Aave (AAVE) and FTX (FTX) ETPs.

21Shares is the largest issuer of cryptocurrency ETPs globally. The firm manages over $2 billion worth of cryptocurrency ETPs and 87 listings. It also hosts the only ETPs that track Binance. Its crypto products are listed on 10 licensed exchanges in Europe and Switzerland.

21Shares lists MANA, AAVE and FTX ETPs

In a press release, 21Shares stated that the Decentraland ETP would trade under the ticker Mana FP and Mana NA I and denominated in USD and Euro. According to the firm, Decentraland was the first decentralized and community-owned virtual platform that “allows users to create, experience, and monetize content and applications including the purchase of virtual land.”

Over $180M worth of land has been sold on Decentraland. The blockchain is ranked as one of the top metaverse platforms, and it was recently endorsed by JPMorgan to build its virtual office dubbed the Onyx Lounge.

The other ETP is Aave that will trade under the ticker AAVE FP and AAVE NA I and denominated in USD and Euro currencies. Aave is one of the leading decentralized finance (DeFi) protocols. The network boosts transparency and efficiency by enabling users to interact directly with smart contracts on the Ethereum network.

The FTX ETP will trade under the ticker AFTT FP and AFTT NA I and denominated in Euro and USD currencies. FTX is one of the largest cryptocurrency exchange platforms with over $2.5 billion daily trading volumes. Users can stake, receive trading fee discounts, and participate in community governance through the FTT token.

21Shares expanding its crypto services

21Shares has been actively expanding its crypto portfolio. Last week, the company listed MANA and FTT ETPs on the BX Swiss exchange. Since launching in 2018, this firm has actively expanded its crypto portfolio with new product offerings.

The CEO and co-founder of 21Shares, Hany Rashwan, stated that the listing of MANA ETPs was a major milestone for the firm, as it was the world’s first non-fungible token (NFT) and single Metaverse ETP.

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