Home Crypto Digital ETP issuer 21Shares Cooperates with German Bank Comdirect to Provide Crypto...

Digital ETP issuer 21Shares Cooperates with German Bank Comdirect to Provide Crypto ETPs to Savings Accounts

21Shares, a well known cryptocurrency ETP issuer, introduced a partnership with the German on-line monetary providers financial institution Comdirect to diversify the choice of cryptocurrency ETPs to buyer financial savings accounts.

According to the official report on July 13 by 21Shares, this plan will instantly take impact, and 21Shares has grow to be the unique supplier of encrypted ETPs reserved as a web based dealer financial savings plan (Spar plan).

Currently, 11 ETP merchandise of 21Shares can be found on the Comdirect platform with zero fee. The CEO of 21Shares, Hany Rashwan, welcomed the most recent announcement and mentioned that:

“We are very excited to supply German purchasers who want to add Bitcoin and different crypto belongings to their financial savings plan a compelling possibility to accomplish that thanks to Comdirect.”

21Shares said that this collaboration with Comdirect is “one other milestone in democratisation crypto investments”. This is the primary instance the place buyers can acquire cryptocurrency publicity of their financial savings accounts.

Comdirect Produkt Manager and Crypto saving plan Initiator, Rene Louis Delrieux added that:

“For an excellent buyer expertise, buyers at the moment are ready to use crypto ETPs by 21Shares which inserts the wants of our demanding purchasers and ensures market participation. This extra service provides flexibility for speedy use. Together with our companion 21Shares, comdirect has succeeded in considerably bridging crypto investments to retirement plans, one thing that our purchasers have longed for some time.”

21Shares has been dedicated to integrating digital belongings into the standard monetary sector. As reported by Blockchain News final Monday, 21Shares introduced that the corporate has cooperated with GHCO, an issuer-centric liquidity supplier dedicated to constructing clear and accessible monetary markets to checklist Its Bitcoin ETP (ABTC ) on the Aquis alternate.

And on the finish of final month, Cathie Wood, a prime wall avenue investor and founder and CEO of ARK Investment administration agency, has cooperated with 21Shares, an issuer of European exchange-traded merchandise, to apply for the Bitcoin ETF-Ark21Shares ETF.

Image supply: Shutterstock

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