FTX and CoinShares launched Solana ETP physical staking

24.03.2022 11:22
by Artem Ustinov
1 min read

FTX and CoinShares launched Solana ETP physical staking

The investment company CoinShares with the FTX crypto exchange is releasing its fourth exchange product based on Solana. The new product is physical staking with 100% physical security.

Solana ETP staking will be called CoinShares FTX Physical Staked Solana. It will have an initial capital of 1 million SOL. Thanks to this, investors will be able to receive 3% of staking.

The product was listed on Germany’s largest digital marketplace Xetra. This is the fourth ETP launched by CoinShares in 2022. Pinned coins do not move out of secure storage and always remain 100% physically secured.

Author

  • Crypto analyst and practitioner trader with the law and managerial education. Active investor and crypto enthusiast. Worked as an analyst and copywriter in a brokerage company. Accompanied by DAO and NFT projects of different levels of complexity.

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