21Shares launches Layer 1 and DeFi ETPs

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21Shares Launch­es First DeFi ETP in Europe and Lay­er 1 Index ETP

  • With the 21Shares DeFi 10 Infra­struc­ture ETP, 21Shares is the first provider in Europe to launch an ETP based on a DeFi index.
  • The 21Shares Lay­er 1 ETP invests exclu­sive­ly in Lay­er 1 blockchains, which rep­re­sent the tech­ni­cal basis of the DeFi uni­verse and the entire cryp­to industry.

ZURICH, Switzer­land, May 12, 2022 /PRNewswire/ — 21Shares AG (“21Shares”), a Swiss-based issuer of cryp­to Exchange Trad­ed Prod­ucts (ETPs), today announces the launch of the new 21Shares Lay­er 1 and 21Shares DeFi 10 Infra­struc­ture ETPs on SIX Swiss and BX Swiss Exchange respec­tive­ly. Both of these new prod­ucts allow investors to invest in the ser­vices and tech­ni­cal fun­da­men­tals of the DeFi industry.

21Shares Lay­er 1 ETP offers the­mat­ic expo­sure to blockchain foundations 

The 21Shares Lay­er 1 ETP (sym­bol: LAY1) is list­ed on SIX Swiss Exchange as of today, May 12, 2022, and offers investors tar­get­ed expo­sure to the blockchains that form the tech­ni­cal foun­da­tion of the DeFi uni­verse. To this end, LAY1 tracks an index which was cus­tom-tai­lored by index provider Vin­ter and invests in an index that includes the fiv largest Lay­er 1 blockchains — with a max­i­mum weight­ing of 30 per­cent per blockchain. Rebal­anc­ing is con­duct­ed on a quar­ter­ly basis.

21Shares DeFi 10 Infra­struc­ture ETP: dApps for the future of finance

The 21Shares DeFi 10 Infra­struc­ture ETP (sym­bol: DEFII) is planned to be list­ed on BX Swiss Exchange on May 18, 2022. It is designed to pro­vide investors tar­get­ed expo­sure to the emerg­ing decen­tral­ized finan­cial ser­vices (DeFi) indus­try root­ed in blockchain tech­nol­o­gy, and tracks the results of a cus­tomized index also cre­at­ed by Vin­ter. This index tracks a com­bi­na­tion of the price per­for­mance of decen­tral­ized DeFi appli­ca­tions (“dApps”) and Lay­er 1 blockchains, which form the tech­no­log­i­cal basis of DeFi. Each com­pris­es 50 per­cent of the over­all index. The assets in both cat­e­gories are ranked by mar­ket cap­i­tal­iza­tion and reweight­ed quarterly.

Ophe­lia Sny­der, Co-founder and Pres­i­dent of 21Shares, comments: 

“Our finan­cial sys­tem is at the begin­ning of a par­a­digm shift. A pletho­ra of new blockchain-based appli­ca­tions around DeFi and Web3 are already under devel­op­ment and mak­ing enor­mous progress. They are the com­po­nents of a com­plete­ly new, demo­c­ra­t­ic and inclu­sive finan­cial sys­tem. With our new the­mat­ic cryp­to ETPs, we’re pro­vid­ing investors with two broad­ly diver­si­fied invest­ment vehi­cles at the ide­al time to par­tic­i­pate in this revolution.”

About 21Shares:

21Shares takes inno­va­tion to the next lev­el with the largest suite of cryp­tocur­ren­cy exchange-trad­ed prod­ucts (ETPs) in the world. In 2018 it pio­neered the world’s first cryp­tocur­ren­cy index list­ing on the SIX Swiss Exchange, and it con­tin­ues pow­er­ing its cryp­tocur­ren­cy fran­chise with cut­ting-edge research and ground­break­ing approach­es to prod­uct strat­e­gy. 21Shares aims to pro­vide all investors with an easy, secure and reg­u­lat­ed way to buy, sell and short cryp­tocur­ren­cy through exist­ing bank and bro­ker­age accounts. 21Shares is a Swiss com­pa­ny reg­is­tered in Zug, Switzer­land with offices in Zurich and New York City. For more infor­ma­tion, please vis­it www.21shares.com.

Press Con­tact

Arielle Sobel, Head of Glob­al Communications


This doc­u­ment is not an offer to sell or a solic­i­ta­tion of an offer to buy or sub­scribe for secu­ri­ties of 21Shares AG. Nei­ther this doc­u­ment nor any­thing con­tained here­in shall form the basis of, or be relied upon in con­nec­tion with, any offer or com­mit­ment what­so­ev­er in any juris­dic­tion. This doc­u­ment con­sti­tutes adver­tise­ment with­in the mean­ing of the Swiss Finan­cial Ser­vices Act and not a prospec­tus. This doc­u­ment and the infor­ma­tion con­tained here­in are not for dis­tri­b­u­tion in or into (direct­ly or indi­rect­ly) the Unit­ed States, Cana­da, Aus­tralia or Japan or any oth­er juris­dic­tion in which the dis­tri­b­u­tion or release would be unlaw­ful. This doc­u­ment does not con­sti­tute an offer of secu­ri­ties to sell or a solic­i­ta­tion of an offer to pur­chase in or into the Unit­ed States, Cana­da, Aus­tralia, or Japan. The secu­ri­ties of 21Shares AG to which these mate­ri­als relate have not been and will not be reg­is­tered under the Unit­ed States Secu­ri­ties Act of 1933, as amend­ed (the “Secu­ri­ties Act”), and may not be offered or sold in the Unit­ed States absent reg­is­tra­tion or an applic­a­ble exemp­tion from, or in a trans­ac­tion not sub­ject to, the reg­is­tra­tion require­ments of the Secu­ri­ties Act. There will not be a pub­lic offer­ing of secu­ri­ties in the Unit­ed States. This doc­u­ment is only being dis­trib­uted to and is only direct­ed at: (i) to invest­ment pro­fes­sion­als falling with­in Arti­cle 19(5) of the Finan­cial Ser­vices and Mar­kets Act 2000 (Finan­cial Pro­mo­tion) Order 2005 (the “Order”); or (ii) high net worth enti­ties, and oth­er per­sons to whom it may law­ful­ly be com­mu­ni­cat­ed, falling with­in Arti­cle 49(2)(a) to (d) of the Order (all such per­sons togeth­er being referred to as “rel­e­vant per­sons”); or (iii) per­sons who fall with­in Arti­cle 43(2) of the Order, includ­ing exist­ing mem­bers and cred­i­tors of the Com­pa­ny or (iv) any oth­er per­sons to whom this doc­u­ment can be law­ful­ly dis­trib­uted in cir­cum­stances where sec­tion 21(1) of the FSMA does not apply. The Secu­ri­ties are only avail­able to, and any invi­ta­tion, offer or agree­ment to sub­scribe, pur­chase or oth­er­wise acquire such secu­ri­ties will be engaged in only with, rel­e­vant per­sons. Any per­son who is not a rel­e­vant per­son should not act or rely on this doc­u­ment or any of its con­tents. In any EEA Mem­ber State (oth­er than the France, Ger­many, Italy, Aus­tria, Bel­gium, Croa­t­ia, Czech Repub­lic, Den­mark, Fin­land, Hun­gary, Ire­land, Liecht­en­stein, Lux­em­bourg, Mal­ta, Nether­lands, Nor­way, Poland, Roma­nia, Slo­va­kia, Spain ) that has imple­ment­ed the Prospec­tus Reg­u­la­tion (EU) 2017/1129, togeth­er with any applic­a­ble imple­ment­ing mea­sures in any Mem­ber State, the “Prospec­tus Reg­u­la­tion”) this com­mu­ni­ca­tion is only addressed to and is only direct­ed at qual­i­fied investors in that Mem­ber State with­in the mean­ing of the Prospec­tus Reg­u­la­tion. Exclu­sive­ly for poten­tial investors in France, Ger­many, Italy, Aus­tria, Bel­gium, Croa­t­ia, Czech Repub­lic, Den­mark, Fin­land, Hun­gary, Ire­land, Liecht­en­stein, Lux­em­bourg, Mal­ta, Nether­lands, Nor­way, Poland, Roma­nia, Slo­va­kia, Spain the 2021 Base Prospec­tus (EU) is made avail­able on the Issuer’s web­site under www.21Shares.com. The approval of the 2021 Base Prospec­tus (EU) should not be under­stood as an endorse­ment by the SFSA of the secu­ri­ties offered or admit­ted to trad­ing on a reg­u­lat­ed mar­ket. Eli­gi­ble poten­tial investors should read the 2021 Base Prospec­tus (EU) and the rel­e­vant Final Terms before mak­ing an invest­ment deci­sion in order to under­stand the poten­tial risks asso­ci­at­ed with the deci­sion to invest in the securities.

Cision View orig­i­nal con­tent to down­load mul­ti­me­dia:https://www.prnewswire.com/news-releases/investing-in-the-defi-revolution-21shares-launches-layer-1-and-defi-etps-301545686.html

SOURCE 21Shares

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