ZURICH, 27 January 2020 – SIX-listed Amun Sygnum Platform Winners Index ETP[1] is now available through Sygnum Bank AG, alongside other banks and brokerages. This ETP is a useful vehicle to gain exposure to foundational blockchain protocols, as well as a convenient, safe entry point for investors new to digital assets.
Sygnum, the world’s first digital asset bank, in collaboration with Amun AG, the largest provider of Exchange Traded Products for the digital asset industry, launched a digital asset index and corresponding ETP, called the Amun Sygnum Platform Winners Index ETP (ticker: MOON), in December 2019. This ETP enables qualified and institutional investors to gain exposure to digital assets in a convenient, safe and responsible way. Since its launch the ETP has already demonstrated strong performance, reflected in a 17% price increase.
This is the first index to track only native blockchain protocol tokens using a fully rules-based approach. The index identifies on a dynamic basis the tokens of the most established, foundational protocols upon which applications and ecosystems are being built, including Bitcoin, Ethereum and a number of others, for example EOS, Binance Chain, Cardano, NEO and Tezos.
Sygnum’s index construction methodology was developed to track the real-world adoption of protocols. It uses objective metrics to measure important network effects from three groups – the investors, developers and users that drive the value of blockchain protocols. The network effect of these three groups mutually reinforce the growth and scale of a protocol.
“The opportunity to invest in these protocols is akin to the opportunity to invest in the beginnings of the Internet of Information, which became the foundation of the sharing economy, e-commerce and all kinds of other business models. The ETP provides exposure to the view that blockchain protocols will become the foundation of tomorrow’s digital asset economy as part of this next generation Internet of Value.”
Stefan Mueller, Head of Asset Management for Sygnum
“We aim to develop compelling yet simple investment products for digital assets. With the receipt of our Capital Markets Services (CMS) licence in Singapore, asset management activities are a key focus area for Sygnum.”
Manuel Krieger, Sygnum Co-Founder and CEO Switzerland
This physically backed ETP is fully collateralised, with the corresponding coins/tokens stored in secure and institutional grade custody. The MOON ETP is issued by Amun and administered via the Amun Onyx Platform, the premier issuance and administration platform for digital asset Exchange Traded Products.
About Sygnum
Sygnum is the world’s first digital asset bank. With its Swiss banking and securities dealer licence, as well as its capital markets services licence in Singapore, Sygnum empowers institutional and private qualified investors, corporates, banks and other financial institutions to invest in the digital asset economy with complete trust. The company is the first digital asset bank with an independently controlled, scalable and future-proof regulated banking solution. Sygnum’s interdisciplinary team of banking, investment and Distributed Ledger Technology (DLT) experts is shaping the development of a trusted digital asset ecosystem. The company is founded on Swiss and Singapore banking heritage and operates globally. To learn more about Sygnum, please visit www.sygnum.com
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[1] Exchange Traded Product
Disclaimer
This document was prepared by Sygnum Bank AG. This document may contain forward looking statements and may be subject to change. The opinions expressed herein are those of Sygnum Bank AG, its affiliates and partners at the time of writing. The document is for informational purposes only and contains general material. It is for use by the recipient only. It does not constitute any advice or recommendation, an offer or invitation by or on behalf of Sygnum Bank AG to purchase or sell assets or securities. It is not intended to be used as a general guide to investing, and should be used for informational purposes only. When making an investment decision, you should either conduct your own research and analysis or seek advice from an expert to make a calculated decision. The information and analyses contained in this document have been compiled from sources believed to be reliable. However, Sygnum Bank AG makes no representation as to its reliability or completeness and disclaims all liability for losses arising from the use of this information.
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