Hashdex, a global crypto-focused asset manager that currently has over 250,000 clients and nearly $1 billion in assets under management (AUM), has confirmed approval from SIX Swiss Exchange to list ETPs or exchange-traded products that will be targeted at cryptocurrencies.
Hashdex becomes an ETF issuer in Switzerland
According to the official announcement, Hashdex is now allowed to issue ETPs to clients in Switzerland after approval. After maintaining a strong presence in Brazil, the expansion into Switzerland “will accelerate the company’s international reach through innovative, regulated, institutional-grade products and services that are paving the way to connect Swiss and European investors to crypto.” -economy”.
Hashdex was founded in 2018 with a vision to provide simple, secure and diversified exposure through baskets of crypto assets that address various sectors in this exciting space,” said Hashdex Co-Founder and CEO Marcelo Sampaio. . “Our approach to crypto asset management has allowed us to become the largest global crypto asset manager in Latin America in just a few years.”
Bruno Sousa, head of global expansion for Hashdex, commented on the development and said that soon the company plans to expand deeper into the heart of Europe. “Switzerland provides a conducive legal framework for crypto assets and is a crucial step in our global development,” Sousa added.
Laurent Kssis, a leader in crypto ETPs and ETFs, recently joined the company as Managing Director and Head of Europe at Hashdex. He will be responsible for the investment management firm’s expansion in Europe as the firm continues to hire talent from London, Zurich, Paris and Lisbon as part of its expansion policy.
In this context, it is also important to note that at the beginning of 2021, the company developed its flagship product with the Nasdaq and introduced the Hashdex Nasdaq Crypto Index ETF (HASH11). It is also launching the world’s first ETF focused on decentralized finance (DEFI11) and also a smart contracts ETF (WEB311).