Swiss fintech firm Leonteq has introduced its digital asset products in two neighboring jurisdictions, Germany and Austria. The company is launching its crypto offering with the help of a Frankfurt-based bank and in response to interest from institutional and private investors.
Leonteq Provides German and Austrian Investors With Exposure to Major Cryptocurrencies
Leonteq is presenting an extensive range of products to investors in Germany and Austria after a successful expansion in its home market, Switzerland. It offers exposure to a total of 18 crypto assets, including bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), and litecoin (LTC), which can be traded in securitized format in the three countries, the fintech announced Thursday.
Tracker certificates on these crypto assets are now available for investors as listed products on Börse Frankfurt Zertifikate AG (Open Market), Leonteq detailed in a press release. The company also revealed it’s collaborating with ICF Bank AG, Frankfurt, a leading securities trading bank in Germany, for the structuring and distribution of structured products on crypto assets.
Sasch Rinno, a member of the bank’s Management Board, pointed out that Leonteq is an established issuer of structured certificates and crypto assets. “We are pleased to be working with them,” he stated and emphasized:
Through this cooperation with Leonteq, we are meeting the interest of both institutional investors as well as private investors in crypto assets.
Tino Wendisch, head of crypto offering at Leonteq, noted that the fintech firm is now covering around 76% of the total market capitalization of the emerging asset class in the German and Austrian markets. Björn Geidel, who heads sales in the two countries, added that Leonteq and ICF Bank have been working together for many years in the area of market making of structured products.
The Swiss fintech has been a pioneer in offering structured products on crypto assets. The company has been issuing tracker certificates and actively managed certificates on the leading cryptocurrencies in Switzerland since 2017. In the same year, Leonteq also offered its clients a short tracker certificate and in 2019, a reverse convertible on BTC.
ICF Bank provides institutional clients with professional services related to securities trading and capital markets. Its business is also focused on market making, execution sales, and sales trading for both domestic and international clients as well as the development and calculation of customized indices.
What do you think about Leonteq’s expansion in Germany and Austria? Let us know in the comments section below.
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Swiss fintech agency Leonteq has launched its digital asset merchandise in two neighboring jurisdictions, Germany and Austria. The corporate is launching its crypto providing with the assistance of a Frankfurt-based financial institution and in response to curiosity from institutional and personal buyers.
Leonteq Gives German and Austrian Traders With Publicity to Main Cryptocurrencies
Leonteq is presenting an in depth vary of merchandise to buyers in Germany and Austria after a profitable enlargement in its dwelling market, Switzerland. It affords publicity to a complete of 18 crypto property, together with bitcoin (BTC), ethereum (ETH), bitcoin money (BCH), and litecoin (LTC), which will be traded in securitized format within the three international locations, the fintech introduced Thursday.
Tracker certificates on these crypto property are actually accessible for buyers as listed merchandise on Börse Frankfurt Zertifikate AG (Open Market), Leonteq detailed in a press launch. The corporate additionally revealed it’s collaborating with ICF Financial institution AG, Frankfurt, a number one securities buying and selling financial institution in Germany, for the structuring and distribution of structured merchandise on crypto property.
Sasch Rinno, a member of the financial institution’s Administration Board, identified that Leonteq is a longtime issuer of structured certificates and crypto property. “We’re happy to be working with them,” he acknowledged and emphasised:
By way of this cooperation with Leonteq, we’re assembly the curiosity of each institutional buyers in addition to non-public buyers in crypto property.
Tino Wendisch, head of crypto providing at Leonteq, famous that the fintech agency is now protecting round 76% of the whole market capitalization of the rising asset class within the German and Austrian markets. Björn Geidel, who heads gross sales within the two international locations, added that Leonteq and ICF Financial institution have been working collectively for a few years within the space of market making of structured merchandise.
The Swiss fintech has been a pioneer in providing structured merchandise on crypto property. The corporate has been issuing tracker certificates and actively managed certificates on the main cryptocurrencies in Switzerland since 2017. In the identical 12 months, Leonteq additionally supplied its purchasers a brief tracker certificates and in 2019, a reverse convertible on BTC.
ICF Financial institution supplies institutional purchasers with skilled companies associated to securities buying and selling and capital markets. Its enterprise can be centered on market making, execution gross sales, and gross sales buying and selling for each home and worldwide purchasers in addition to the event and calculation of personalized indices.
What do you concentrate on Leonteq’s enlargement in Germany and Austria? Tell us within the feedback part beneath.
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