Nasdaq celebrates CoinShares expansion of its Swedish XBT Provider Platform and the launch of seven new physically-backed crypto Exchange Traded Products (ETPs).

“We are happy to welcome CoinShares as ETP provider through the reinvigoration and expansion of their XBT Platform. With an expanded range of locally listed ETPs our market has continued to grow throughout the year. This growth highlights our commitment to develop and modernize our markets for both our issuers and our investors,” says Helena Wedin, Head of ETF and ETP, Nasdaq European Markets.

CoinShares XBT Provider platform became the world’s first open-ended crypto ETP when created in 2015 and was subsequently acquired by CoinShares in 2016. Each product employs physical replication, meaning the underlying cryptocurrencies purchased are directly held in a regulated custodian.

“We are glad to reinvigorate the CoinShares XBT Provider platform. With this product extension, we’re enabling Swedish investors to access an expanded range of tokens through a pioneering and time-tested crypto ETP platform. This expansion represents our commitment to developing the Swedish market and by offering these innovative products on a trusted platform, we aim to accelerate digital asset integration within Sweden’s sophisticated financial ecosystem,” says Jean-Marie Mognetti, CEO, Coinshares.

The seven new products, all denominated and traded in SEK and listed on Nasdaq Stockholm, include:

• CoinShares XBT Physical Chainlink – SEK
• CoinShares XBT Physical Litecoin – SEK
• CoinShares XBT Physical XRP – SEK
• CoinShares XBT Physical Uniswap – SEK
• CoinShares XBT Phys Staked Polkadot -SEK
• CoinShares XBT Phys Staked Cardano – SEK
• CoinShares XBT Phys Staked Solana – SEK

Source: Nasdaq