Two new Virtune crypto ETPs achieve Nasdaq listings

Virtune introduced two other Crypto ETPs to the Nasdaq Helsinki Stock Exchange after its mass list of five FTEs last January.

In a press releaseThe Virtune asset management company has announced the launch of two new negotiated products in exchange for crypto: Virtun Avalanche (Avax) FTE and Virtunus marked Cardano (ADA) Nasdaq Helsinki. This is the first time that ETP supported by Cardano and an ETP supported by avalanches have been introduced on the Finland stock market.

By exchanging ETPs supported by Crypto, investors are exposed to digital assets such as avalanche and cardano via Virtune ETPs. According to the press release, the two FTEs are physically supported and fully guaranteed. In addition, Virtun Avalanche ETP and Cardano ETP dotted with Virtune are both labeled in Euro, which facilitates investment for Finnish merchants in the product.

In the case of Cardano ETPs marked Virtun, the asset management company offers investors an annual yield of 2% through its standby award programs.

The two FTEs will be listed on Nasdaq Helsinki and Nasdaq Stockholm with the Viravox and Viradae tickers. The two products are accessible via brokers and banks such as Nordnet.

Virtune presents the first crypto ETPs in Finland

Virtun’s CEO Christopher Kock said the company was trying to extend its local offers to Finland by introducing the first Avalanche ETP and marked Cardano Etp on the Stock Exchange. He added that the two products are 100% physically and “stored in cold storage” with Jamming As an official guardian.

“They are accessible to institutional investors and at retail through various brokers and banks,” said Kock.

Last January, Virtune spear Five ETPs supported by Crypto, making it the first batch of Final products, in exchange for crypto, introduced on Nasdaq Helsinki. It was also the largest simultaneous launch of the Crypto ETP in Nordic history when they open the ETP market of 20.5 billion euros in Finland to cryptographic products.

The Five ETP Crypto includes products supported by major cryptocurrencies, including Bitcoin (BTC), XRP (Xrp), and an altcoin index which can follow up to 10 major altcoins. Virtune also offered cleansing awards for ETPs supported by Ethereum (Ethn) and Solana (GROUND).