Börse Stuttgart fügt Aktien auf ADA- und XLM-Basis hinzu
The second most important stock exchange Of Germany added ETN to two new crypto ADA and XLM. It now maintains securities based on 22 digital assets
The director of the exchange Jurgen Dietrich said that the interest from investors is constantly growing. Because new ETNs are added, investors will be able to take advantage of ADA and XLM to generate additional revenue.
The exchange warned users that transactions would be conducted between 08:00 and 22:00 (CET). The innovative investment tools on Cardano and Stellar will be launched by 21Shares. The value of the assets will be tracked in euros.
Recall that the first security on the basis of a digital asset was presented to users in 2017. Since then, such investment instruments have been in high demand.
The choice in favor of ADA and XLM is explained by the growth of crypto. ADA has a capitalization of $51 billion and is ranked 7th in the top cryptos.
XLM has a capitalization of $14B and is in 16th place top. Both cryptos are in demand from investors, which means that securities based on them will also be popular.