Future

Chainlink

Avalanche

Cosmos

<p><a href="https://www.21shares.com/en-row/product/avax" rel="nofollow noopener" target="_blank">21Shares AG Exchange</a>, one of the world’s largest issuers of crypto exchange-traded products (ETPs), announced that the firm has added staking to the 21Shares Cosmos ETP (ATOM) and the 21Shares Avalanche ETP (AVAX) and will be renaming them as follows, effective today:</p> 
<h2 id="strong-unlock-investment-opportunities-21shares-etps-now-offer-staking-rewards-strong"><strong>Unlock Investment Opportunities: 21Shares ETPs Now Offer Staking Rewards</strong></h2> 
<p>News outlets report that staking involves locking specific crypto-assets to support the operation and security of a blockchain network, earning rewards in the process. Investors can enjoy a potential additional income stream without having to keep their assets locked by integrating staking rewards into 21Shares ETPs, enhancing overall returns while maintaining exposure to the respective underlying assets.</p> 
<p>According to news sources, the average staking yield for Cosmos is around 12.74% and the average staking yield for Avalanche is 4.47%. These attractive yields offer investors a way to earn more from their investments without additional effort.</p> 
<figure id="attachment_32413" aria-describedby="caption-attachment-32413" style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-32413" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/07/BLOCKWORKS_174_21SHARES_300.webp" alt="21Shares AG Exchange" width="1600" height="900" title="21Shares AG Exchange Supercharges Staking Potential For Cosmos and Avalanche ETPs 6">
 <figcaption id="caption-attachment-32413" class="wp-caption-text">
  21Shares AG Exchange
 </figcaption>
</figure> 
<p>“Since 2018, 21Shares has pioneered the innovation of crypto asset exchange-traded products (ETPs) globally,” said Hany Rashwan, Co-Founder and CEO of 21Shares. “Providing investors the opportunity to generate potential additional income through staking underscores the firm’s commitment to staying at the forefront of product innovation.”</p> 
<h2 id="strong-21shares-ag-exchange-a-history-of-innovation-and-growth-strong"><strong>21Shares AG Exchange: A History of Innovation and Growth</strong></h2> 
<p>In January 2022, available data summarises that 21Shares listed the world’s first crypto ETP for the Cosmos blockchain with the launch of ATOM. ATOM, which is 100% physically backed, delivers a regulated way to tap into Cosmos’ network growth, which fosters cross-chain interoperability and allows siloed blockchains to communicate with each other—an essential component of the growth of decentralized finance (DeFi). Launched in November 2021, official reports claim that AVAX, also 100% physically-backed, tracks the performance of Avax tokens. Designed to increase transaction speeds and enable real-world asset tokenization, Avalanche is well-suited to support and scale the traditional financial industry. AVAX offers a simple and regulated way for investors to gain exposure to the network’s growth.</p> 
<p>Since its inception, 21Shares AG Exchange has reportedly had a track record of advancing innovative crypto asset products, creating a bridge for investors between traditional finance and decentralized finance. The firm has demonstrated operational and client service excellence, focusing on transparency, risk management, and sustainability.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-32410" style="font-weight: bold;" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/07/WhatsApp-Image-2024-07-25-at-2.27.10-AM.jpeg" alt="21Shares AG Exchange" width="1280" height="315" title="21Shares AG Exchange Supercharges Staking Potential For Cosmos and Avalanche ETPs 7"></p> 
<p>21Shares AG Exchange</p> 
<p>Zoniqx CEO Prasanth Kalangi commented, “By integrating Chainlink CCIP and Proof of Reserve, essential tokenization infrastructure, we are significantly enhancing the security and transparency of our tokenization solutions, improving RWA transparency, and enhancing the way assets are managed and traded globally.”</p> 
<h2 id="strong-future-prospects-and-continued-leadership-strong"><strong>Future Prospects and Continued Leadership</strong></h2> 
<p>Looking ahead, analysts believe that 21Shares AG Exchange remains committed to driving innovation in the crypto asset space. The addition of staking to their ETPs is just one example of how they are continually enhancing their product offerings to meet the evolving needs of investors.</p> 
<p>“21Shares is proud to lead the way in offering crypto asset exchange-traded products that provide added value through innovative features like staking,” said Rashwan. “As we continue to expand our product lineup and improve existing offerings, we remain dedicated to delivering the highest quality investment solutions to our clients.”</p> 
<figure id="attachment_32415" aria-describedby="caption-attachment-32415" style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-32415" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/07/AVA1.jpg" alt="21Shares AG Exchange" width="1280" height="680" title="21Shares AG Exchange Supercharges Staking Potential For Cosmos and Avalanche ETPs 8">
 <figcaption id="caption-attachment-32415" class="wp-caption-text">
  21Shares AG Exchange
 </figcaption>
</figure> 
<p>The integration of staking rewards into the Cosmos and Avalanche ETPs not only enhances the potential returns for investors but also reportedly underscores 21Shares’ dedication to staying at the forefront of the crypto ETP market. By providing investors with more ways to earn income from their investments, 21Shares AG Exchange is seemingly helping to drive the adoption and growth of the crypto asset market.</p> 
<h2 id="strong-21shares-ag-exchange-revolutionizes-crypto-etps-with-staking-and-innovation-strong"><strong>21Shares AG Exchange Revolutionizes Crypto ETPs with Staking and Innovation</strong></h2> 
<p>The addition of staking to 21Shares’ Cosmos and Avalanche ETPs represents a significant advancement in the world of crypto exchange-traded products. 21Shares aims to enhance the appeal of its products and demonstrating its commitment to innovation and excellence by offering investors the opportunity to earn additional income through staking, .</p> 
<p>As the crypto market continues to evolve, 21Shares remains a leader in providing high-quality investment solutions that bridge the gap between traditional finance and decentralized finance. With a focus on transparency, risk management, and sustainability, 21Shares is well-positioned to continue leading the way in the crypto ETP space. Investors looking to take advantage of the growing opportunities in the crypto market should consider the benefits of 21Shares’ innovative products. Investors should stay informed on crypto news and updates through <a href="https://thebitjournal.com/">The BIT Journal.</a></p> 
<p>&nbsp;</p>

21Shares AG Exchange Supercharges Staking Potential For Cosmos and Avalanche ETPs

Innholdsfortegnelse

The Bit Journal

Andre artikler publisert på 25. juli 2024

Whale Transaction Alert: 4.5K Bitcoins Worth Approximately $289 Million Deposited On Binance Today!

RBI, SEBI Collaborate To Develop India Crypto Policy, Paper Due In Q3

Pool Corporation (POOL) Shows Resilience in Q2 2024 with $1.8 B in Net Sales

US Data Affects Bitcoin Prices

Ethereum Foundation wallet moves 92K ETH after 7 years

Vitalik Buterin Introduces Circle STARKs: Revolutionizing Blockchain Security and Efficiency

Bli med på vårt gratis nyhetsbrev for daglige kryptooppdateringer!