21Shares Launches New Product For Altcoin In DeFi Space

Crypto investment product issuer 21Shares has launched its ETP (exchange investment product), which enables investment in the Lido DAO (LIDO) ecosystem with a single product.

In a statement released on June 12, 21Shares stated that the Lido DAO liquid staking to the ecosystem only One product through to invest in 21Shares Lido DAO ETP that provides (stock market investment product) introduced.

21Shares Lido DAO ETP, currently Swiss exchange at BX Swiss is listed and 14 June on the French stock market Euronext in Paris will be listed. Lido DAO ETP based on 21Shares data From $ 8.17 level is being traded.

Declaration of the product interest free, open ended is a security and of the series One to index or to existence Reportedly linked to Lido DAO. the product in question France, Germany, Italy, Ireland, Sweden And Norway including In 22 European Union (EU) countries reported to have been exported.

In the present case 81,689 a dollar to AUM (asset under management) product with, 7/7 risk with the score highest risk assets is in the category.

21Shares ETP risk score about the current in the cryptocurrency market volatility in view when kept this product to 7 points to have natural stated that.

Company Communications Manager Megan Enrightan asset in traditional finance 6-7 points have a risk score usual described it as a situation.

On the other hand, in the statement, the cryptocurrency market will happen in case developments affect the asset’s payments to its investors. warning phrase exists.

21Shares Product Director Arthur Krause of the product to investors of the crypto money industry fastest one of the growing areas to liquid staking by being exposed passive income stated that it was started to offer the opportunity. Krause used the following statements on the subject:

Lido DAO’s pioneering and market-leading position makes it an ideal entry point for investors looking to participate in the growth of this important industry.

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