Swiss Stock Exchange Just Launched Ripple XRP-Based Product Along With EOS, Stellar, and Litecoin
Switzerland's leading stock exchange SIX has launched the first-ever exchange-traded product (ETP) to track Ripple's XRP cryptocurrency.
According to the announcement by SIX, the XRP ETP started trading under the ticker symbol Amun Ripple XRP (AXRP) on April 2.
The co-founder and CEO of Amun AG, Hany Rashwan, said they plan to create an easy, safe, and regulated way for investors to access the crypto asset class, adding:
“We plan on launching other strategies, more single asset ETPs, and more indices! We are planning on having 6–8 additional launches this year.”