21Shares Selects Copper To Secure Cryptocurrency ETPs

21Shares AG (“21Shares”), the world’s largest cryptocurrency ETP issuer, today announced that Copper.co (“Copper”) will provide digital asset custody and staking services to secure the underlying assets of its cryptocurrency ETPs amid growing interest from institutional investors.

Hany Rashwan, Co-Founder and CEO of 21Shares, said, “Protecting our digital assets in Copper’s award-winning custody architecture gives us the best security available on the market. With this foundation in place, we can create more secure FTEs for our clients. “

Copper’s custody, which uses multi-party compute (MPC) technology, creates three separate key fragments rather than a private key to largely eliminate the risk of exposure when signing transactions. 21Shares will also use Copper’s staking capabilities to manage its digital assets.

As institutional money has poured into digital assets over the past year, the growth in demand for cryptocurrency ETP has exploded. These products are an ideal way to gain exposure to cryptocurrency without the complexity of direct investing. 21Shares ETPs meet this growing demand, while the custody solution provided by copper lowers the security risks institutional investors need to avoid with this new asset class.

Alex Ryvkin, Chief Product Officer of Copper, said: “We are delighted to support 21Shares. They are leading the way in the development of cryptocurrency ETPs, which are an important part of institutional engagement in this maturing asset class. It is a pleasure to work with them and we look forward to continuing to collaborate as they grow.

As of October 1, 2021, 21Shares manages over $ 2 billion in 17 cryptocurrency ETPs and 77 quotes, including the only ETPs in the world that follow Binance, Tree Crypto Index Basket and two ETPs with investor stake rewards ( Tezos and Solana). Its products are listed on eight regulated European and Swiss stock exchanges.

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About 21Shares
21Shares takes innovation to the next level with the world’s largest suite of cryptocurrency exchange traded products (ETPs). In 2018, he pioneered the world’s first cryptocurrency index listing on the SIX Swiss Exchange, and he continues to fuel his cryptocurrency franchise with cutting-edge research and groundbreaking approaches to product strategy. 21Shares aims to provide all investors with a simple, secure and regulated way to buy, sell and short sell cryptocurrencies through existing bank and brokerage accounts. 21Shares’ issuance platform, Onyx, is used by both 21Shares and third parties to issue and mine cryptocurrency ETPs around the world. For more information, please visit www.21shares.com.

About copper
Founded in 2018 by Dmitry Tokarev, Copper provides a gateway to the crypto-asset space for institutional investors by offering custody, principal brokerage, and settlements on 250 digital assets and over 40 exchanges. It is committed to providing flexible solutions to institutional investors that can adapt to the changing crypto-asset space, while allowing much greater transparency and control for asset managers. Copper’s fully integrated products are unique in the cryptoasset space. Backed by a multi-award winning custodian, Copper has built the complete and secure suite of tools and services necessary to acquire, trade and securely store cryptocurrencies, including access to loan trading facilities at margin and DeFi space. At the heart of Copper’s infrastructure is ClearLoop, a framework that connects the universe of exchanges in a secure trading loop – with real-time settlement over networks. Integrated with the market’s major spot and derivative crypto exchanges, ClearLoop has already transformed the way institutional investors can engage in the crypto-asset space since its launch in May 2020. For more information, please visit: www.cuivre.co

Disclaimer

This document and the information it contains are not intended for distribution in or to (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or broadcast would be. illegal. This document does not constitute an offer of securities for sale in the United States, Canada, Australia or Japan. This document does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States. The securities of 21Shares AG to which these documents relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States. -United in the absence of registration. or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will be no public offering of securities in the United States. This document is distributed only and is intended for: (i) investment professionals falling under section 19 (5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) wealthy entities and other persons to whom they may be legally communicated, falling under article 49 (2) (a) to (d) of the Ordinance (all these persons being together referred to as “data subjects “); or (iv) persons falling under Article 43 (2) of the Order, including existing members and creditors of the Company or (v) any other person to whom this material may be lawfully distributed in circumstances where Article 21 (1) of the FSMA does not apply. The Securities are only available and any invitation, offer or agreement to subscribe, purchase or acquire such securities will only be concluded with the persons concerned. Anyone who is not a Data Subject should not act or trust this document or any of its contents. In any EEA Member State (other than Austria, Belgium, Denmark, Finland, France, Germany, Great Britain, Ireland, Italy, Luxembourg, Malta, The Netherlands, Norway, Spain and Sweden) which has implemented the Prospectus Regulation (EU) 2017/1129, as well as all the implementing measures applicable in any Member State, the “Prospectus Regulation”), this communication is addressed only to investors qualified in that Member State within the meaning of the Prospectus Regulation. Exclusively for potential investors in Austria, Belgium, Denmark, Finland, France, Germany, Great Britain, Ireland, Italy, Luxembourg, Malta, Netherlands, Norway, Spain and Sweden, the Base Prospectus 2020 (EU) is issued available on the Issuer’s website. website under www.21Shares.com. The approval of the 2020 Base Prospectus (EU) should not be understood as an approval by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the 2020 Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to buy a product that is not straightforward and may be difficult to understand. This document does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG. Neither this document nor anything contained therein should form the basis of, or be relied upon in connection with, any offer or undertaking in any jurisdiction. This document constitutes an advertisement within the meaning of the Federal Financial Services Act (the “FinSA”) and not a prospectus. Copies of the Prospectus are available free of charge on the Issuer’s website. Subject to applicable securities laws, the Base Prospectus and the final terms of any product mentioned in this document can be obtained from 21Shares AG on the website. Copies of this material may not be sent to jurisdictions, or distributed or sent from jurisdictions, in which this is prohibited or prohibited by law. The information contained in this document does not constitute an offer to sell, or the solicitation of an offer to buy, in any jurisdiction in which such an offer or solicitation would be unlawful prior to registration, exemption from registration or qualification under securities laws of any jurisdiction.

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