European Union open to Hashdex’s Crypto ETPs following Swedish approval
“We are focused on building on the recent successful launch of the Hashdex Nasdaq Crypto Index Europe ETP in Switzerland.”
The Swedish Financial Supervisory Authority (SFSA) has allowed Hashdex AG to list exchange-traded products (ETPs) in the European Union, following approval of its European Base Prospectus.
As always, the approval of the Base Prospectus filed in May should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Investors are advised to read the prospectus before making an investment decision.
The approval of Hashdex’s ETPs is milestone in the firm’s ongoing expansion in Europe, which already includes the launch of its first European product, the Hashdex Nasdaq Crypto Index Europe ETP (SIX: HASH SW) on the Six Swiss Exchange in May.
Hashdex now secured passporting rights to all EU countries and intends to further expand its product suite of digital-asset strategies in the region.
Hashdex working with exchanges to list ETPs in EU
Bruno Sousa, Head of New Markets at Hashdex, commented: “Receiving approval to list in the European Union in only three months is a testament to the tireless efforts of our talented team as we expand our suite of products that serve 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 is working closely with the relevant services providers, including exchanges, to list its family of ETPs in the European Union so these can be made available for traders through local platforms.
Hashdex is specialized in crypto asset management and has introduced the world’s first crypto ETFs in 2021, enabling over 260,000 investors to add crypto to their portfolios.
Nasdaq developed, in partnership with Hashdex, the Nasdaq Crypto Index to provide global investors with a reliable benchmark for the crypto asset class.
In another partnership with Nasdaq, Hashdax contributed to the Advisor Academy Digital Assets curriculum, a course that is open to all financial professionals free of charge and designed to provide informative and educational resources for financial advisors on the evolution of the digital asset ecosystem, investing considerations, regulation, taxes, and more.
The crypto asset manager has over 90 team members from both the tech and financial worlds across Rio de Janeiro, New York, and Zurich.