Search ForexCrunch
  • The Swiss Six Exchange has listed a Tezos exchange-traded product (ETP).
  • Amun AG launched the Amun Tezos exchange-traded product (ETP), tracking the Tezos cryptocurrency

 

Amun AG, crypto startup, has launched the Amun Tezos exchange-traded product (ETP), tracking the tezos cryptocurrency under the XTYZ ticker on the SIX Swiss Stock Exchange, according to a company statement.

The Tezos ETP by Amun is the company’s ninth crypto-based ETP issued to date on SIX. The product’s underlying asset will be held by Coinbase Custody, according to Amun.

As a PoS chain product, Amun’s newest ETP is also going to be issuing staking rewards, dubbed”baking” in the Tezos system by Coinbase. It will be automatically reinvested into the holder’s ETP shares.