CoinShares, a European digital asset manager listed on the Nasdaq First North Growth Market, today announced a partnership with German financial news portal Finanzen.net to bring crypto exchange-traded products to investors with no trading fees.
Fast facts:
- CoinShares will provide its physically-backed Bitcoin, Ethereum and Litecoin ETPs to investors on the Finanzen.net Zero platform, which launched earlier this month.
- According to a statement, Finanzen.net has almost 65 million visits monthly through its website and iOS/Android applications, and more than 180,000 securities are available to customers, including stocks, ETFs, funds and crypto ETPs, on the new zero platform.
- “After cross-listing CoinShares Physical ETPs on the Boerse Xetra earlier this month, this exclusive partnership is the next step in our continued mission of bridging the gap between institutional and digital asset investors,” said Frank Spiteri, CoinShares’ chief revenue officer.
- In May, CoinShares reported that it had £3.4 billion (US$4.7 billion) in group assets under management as of 31 March 2020, a year-on-year increase of 784%.