Hashdex, a leading global crypto-focused asset manager, announced on Monday that it got approval from the SIX Swiss Exchange to list ETPs in Switzerland. According to the press release, Hashdex’s entry into the Swiss Crypto Valley ‘will accelerate the company’s international reach through innovative, regulated, institutional-grade products and services that build a pathway to connect Swiss and European investors to the crypto economy.’
“As the crypto asset industry enters a new and more mature stage of its history, investors have a right to expect the highest quality and a greater level of product diversity than in its early days. Building on the success of our range of solutions on the other side of the Atlantic, which meet best-in-class standards, our goal is to make them available in Switzerland first and soon across European investors. Switzerland offers a legal framework conducive to crypto assets and is a crucial step in our global development,” Bruno Sousa, the Head of Global Expansion of Hashdex, commented.
Laurent Kssis, a crypto ETP and ETF leader, was recently named Managing Director and Head of Europe at Hashdex, where he will oversee the firm’s expansion into Europe. The Hashdex team is made up of more than 90 members from the finance and technology world based in Rio de Janeiro, New York and Zurich. To support the firm’s global expansion, Hashdex is actively recruiting in London, Zurich, Paris and Lisbon.
Path Ahead
By early 2021, Hashdex will have introduced the world’s first crypto-tracking ETF, Hashdex Nasdaq Crypto Index ETF, the world’s first decentralized finance ETF, and a smart contract ETF. In order to ensure the security and safety of institutional investors, these offerings are provided in partnership with international custodians, auditors and other partners.
“Hashdex was founded in 2018 with the vision of offering simple, secure and diversified exposure through baskets of crypto assets that address various sectors in this exciting space. Our approach to crypto asset management has enabled us to become the largest global crypto asset manager in Latin America in just a few years,” Marcelo Sampaio, the Co-Founder and CEO of Hashdex, pointed out.
