Switzerland’s principal stock exchange to list an XRP Exchange-Traded Product soon

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  • SIX, Switzerland’s primary stock exchange, has given Amun AG approval to issue XRP-linked Exchange-Traded Product.
  • Apart from XRP, Amun has gained the clearance to issue ETPs linked to bitcoin cash, litecoin, stellar lumens, and EOS.

SIX, Switzerland’s primary stock exchange, is looking to list an XRP exchange-traded product (ETP) soon. Hany Rashwan, the co-founder and CEO of the Swiss company Amun AG said that his firm has received SIX’s approval to issue an XRP-linked ETP titled “AXRP.” Rashwan said, “We can comfortably say that we expect to release the world’s first XRP ETP within the next two months.”

Apart from XRP, Rashwan said that Amun had gained the clearance to issue ETPs linked to bitcoin cash (BCH), litecoin (LTC), stellar lumens (XLM), and EOS. He also said that the firm is planning to list all the eligible and approved crypto ETPs on SIX by the end of this year.
 

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