German financial institution Comdirect, with concerning 3 million consumers, is currently using 11 cryptocurrency exchange-traded items (ETPs). “Comdirect has actually prospered in substantially linking crypto financial investments to retirement, something that our customers have actually wished for a while,” the financial institution claimed.
German Financial Institution Offering Crypto ETPs to Customers
German straight financial institution Comdirect AG is currently using 11 cryptocurrency exchange-traded items (ETPs) from 21shares AG. The financial institution gives on-line brokerage firm, financial, and also consultatory solutions in Germany.
Introducing that its unique collaboration with Comdirect worked Tuesday, 21shares comprehensive:
In this ingenious collaboration, 21shares was kept as the single supplier of physically-backed crypto ETPs to the online broker’s cost savings intend program (Spar strategy).
The 11 ETPs are presently noted in Germany and also are currently offered on the Comdirect system at absolutely no compensations, the news includes. The ETPs use financial investments in bitcoin, ethereum, XRP, bitcoin cash money, polkadot, outstanding, cardano, solana, and also much more.
Hany Rashwan, Chief Executive Officer of 21shares, discussed that his firm was “the initial crypto company to note a totally collateralized, 100% physically-backed bitcoin ETP on a lot of German exchanges back in 2019.” Additionally, it is presently “the only company to confess 4 crypto ETPs on Xetra alone.” The firm has actually additionally noted “the globe’s initial physically-backed crypto ETP on the 6 Swiss Exchange in 2018,” he claimed, specifying:
We are really delighted to use German customers that want to include bitcoin and also various other crypto possessions to their cost savings intend an engaging alternative to do so many thanks to Comdirect, an alternative that was not offered for any kind of crypto items previously.
Comdirect’s item supervisor and also crypto conserving strategy initiator, Rene Louis Delrieux, kept in mind that via Comdirect, “financiers are currently able to utilize crypto ETPs by 21shares which fits the demands of our requiring customers and also makes certain market engagement. This extra solution includes adaptability for instant usage.” She said:
Along with our companion 21shares, Comdirect has actually prospered in substantially linking crypto financial investments to retirement, something that our customers have actually wished for a while.
What do you think of Comdirect using cryptocurrency ETPs in its cost savings strategy? Allow us understand in the remarks area listed below.
Photo Credit Scores: Shutterstock, Pixabay, Wiki Commons
Please note: This short article is for educational functions just. It is not a straight deal or solicitation of a deal to get or offer, or a referral or recommendation of any kind of items, solutions, or business. Bitcoin.com does not give financial investment, tax obligation, lawful, or audit recommendations. Neither the firm neither the writer is liable, straight or indirectly, for any kind of damages or loss created or declared to be triggered by or about using or dependence on any kind of material, products or solutions discussed in this short article.