Nasdaq Stockholm lists bitcoin-based certificate

Source: Nasdaq

Nasdaq (Nasdaq: NDAQ) announced that Bitcoin Tracker One (short name: BITCOIN XBT), a tracker certificate that uses the digital currency Bitcoin as underlying asset, starts trading today at Nasdaq Stockholm.

Bitcoin Tracker One is issued by XBT Provider, part of the KNC Group.

"We are proud to offer the world’s first Bitcoin tracker to be traded on a regulated exchange,” said Alexander Marsh, CEO of XBT Provider. “By enabling this easy and secure way to invest in Bitcoin we hope to have eliminated the boundaries that earlier prevented individuals and companies from being able to actively invest in what we believe to be the future of money.”

“All asset classes can benfit from the transparency and price formation functionalities of lit market trading,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “This should therefore help inform institutional and retail investors alike who are seeking investment exposure related to Bitcoin through products like this.”

Bitcoin Tracker One will be traded in SEK with Mangold as dedicated market maker.

Comments: (0)

Get your copy of the OneSpan eBook - How to minimise the risk of Social Engineering attacks in Banki
Featured job
All Jobs »
London, UK

Senior Sales, Collateral Management Solutions (London, covering EMEA)

Competitive base + bonus + benefit package

22 Jul