EU Approves Brazilian Crypto Asset Management Firm Hashdex to List ETP Products

Hashdex, a global digital asset management firm based in Brazil, announced on September 1, that it had been approved to list the ETP (exchange-traded product) in Europe.

Hashdex’s Hashdex Nasdaq Crypto Index Europe ETP was launched on the Swiss SIX securities exchange platform in May.

This milestone is significant after approval was given for six major Swiss exchanges. It lays the foundation for European expansion.

The company has previously launched a crypto ETF called “Web3 ETF”, which will be listed at the Brazilian stock exchange, B3, starting March 30 under ticker symbol WEB311.

Hashdex’s Hashdex Nasdaq Crypto Index Europe ETP was launched on the Swiss SIX securities exchange platform in May.

Bruno Sousa from Hashdex’s Head of New Markets commented on the developments, saying that “Getting approval to list in Europe in three months is testament to our talented team as they expand our range of products to meet the needs of European investors.” We are focused on building on the recent successful launch of the Hashdex Nasdaq Crypto Index Europe ETP in Switzerland, and we look forward to continuing to make strong strides in positioning Hashdex as the leading European crypto issuer with the ability to deploy innovative, diversified strategies using our proven ETP structure.”

Hashdex, in partnership with Nasdaq has launched a 12-part course to provide information for financial asset managers on the evolution and investment considerations of the digital asset ecosystem. RegulatingTaxation, and other Educational Resources. Hashdex launched this course to meet the growing interest in digital assets by financial advisors. It is a resource for investment managers who are considering using cryptocurrencies in their investment strategies.

In February last year, Hashdex launched the world’s first crypto exchange-traded fund (ETF), the Hashdex Nasdaq Crypto Index ETF. The fund is available for accredited non-US investors to trade on the Bermuda Stock Exchange. Investors offer institutional investors an easy way to access the cryptocurrency market.

Hashdex boasts more than 125,000 global investors and approximately $467million in assets under management.

Image source: Shutterstock

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