21Shares announces the listing of the world’s first Terra

January 12, 2022 – 21Shares AG (“21Shares”), the world’s largest issuer of cryptocurrency ETPs, today announced the listing of the world’s first crypto ETP on the Terra blockchain in CHF, EUR and USD on SIX Swiss Exchange.

Terra (ISIN: CH1145931015, Ticker: LUNA) is the second largest ecosystem in the world after Ethereum, with $18.8 billion in total value locked (TVL). TVL is the key metric to describe the number of assets staked in a blockchain protocol.

  • 21Shares Terra ETP provides a solution for investors looking to access an alternative ecosystem that is not based on the Ethereum Virtual Machine (EVM).
  • Terrafor Labs was founded in 2018 by Daniel Shin, co-founder of TicketMonster, a South Korean e-commerce platform, and Do Kwon, a former Microsoft and Apple software engineer.
  • The Terra ecosystem includes DeFi (decentralized finance) infrastructure, financial tool apps, and NFT solutions. The most important innovation in the ecosystem is its DeFi Anchor solution. The Anchor protocol generates very attractive returns for investors with borrowing and lending solutions.
  • The underlying Terra blockchain technology enables up to 10,000 transactions per second (TPS) and with a transaction time of 2 seconds. In contrast, Ethereum processes 15-30 transactions with a transaction time of over 1 minute. Finally, transaction costs are very low.

Hany Rashwan, CEO of 21Shares, said, “We’ve been following the Terra ecosystem for a long time and have been very impressed with its development and traction. We are delighted to offer investors the world’s first listed ETP that tracks this innovative product.

As of January 2022, 21Shares manages over $2 billion in 22 cryptocurrency ETPs and 83 listings, including the world’s only ETPs that track Binance, 4 crypto index baskets, and two ETPs with investor rewards ( Tezos and Solana). Its products are listed on ten regulated European and Swiss exchanges.

press contact
Paulo Germann
[email protected]

+41 41 562 04 09

About 21Shares
21Shares takes innovation to the next level with the world’s largest suite of cryptocurrency exchange-traded products (ETPs). In 2018, she launched the world’s first cryptocurrency index listing on the SIX Swiss Exchange, and she continues to propel her cryptocurrency franchise with cutting-edge research and groundbreaking approaches to product strategy. 21Shares aims to provide all investors with an easy, secure and regulated way to buy, sell and short cryptocurrency through existing bank and brokerage accounts. 21Shares’ issuance platform, Onyx, is used by both 21Shares and third parties to issue and mine cryptocurrency ETPs around the world. For more information, please visit www.21shares.com.

This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG. Neither this document nor anything contained herein constitutes the basis of, or may be relied upon in connection with, any offer or commitment in any jurisdiction. This document constitutes an advertisement within the meaning of the Swiss law on financial services and not a prospectus. This document and the information it contains are not intended for distribution in or to (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which distribution or publication would illegal. This document does not constitute an offer to sell securities or a solicitation of an offer to buy in the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States States without registration. or an applicable exemption from the registration requirements of the Securities Act or in connection with a transaction not subject to them. There will be no public offering of securities in the United States. This material is only being distributed and is directed only to: (i) investment professionals falling within section 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom they may lawfully be disclosed, falling within section 49(2)(a) to (d) of the Order (all such persons being together referred to as “persons concerned” ); or (iv) persons falling within section 43(2) of the Order, including existing members and creditors of the Company or (v) any other person to whom this document may lawfully be distributed in circumstances where the Article 21(1) of the FSMA does not apply. The Securities are accessible only to the persons concerned and any invitation, offer or agreement to subscribe, purchase or acquire such securities will be entered into only with the persons concerned. Any person who is not a relevant person should not act or rely on this document or any of its contents. In any EEA Member State (other than France, Germany, Italy, Austria, Belgium, Croatia, Czech Republic, Denmark, Finland, Hungary, Ireland, Luxembourg, Malta, the Netherlands, Norway, Poland, Romania, Slovakia, Spain, Lichtenstein) which implemented the Prospectus Regulation (EU) 2017/1129, as well as all the execution applicable in any Member State, the “Prospectus Regulation”, this communication is addressed and addressed only to qualified investors of this Member State within the meaning of the Prospectus Regulation. Exclusively for potential investors in France, Germany, Italy, Austria, Belgium, Croatia, Czech Republic, Denmark, Finland, Hungary, Ireland, Luxembourg, Malta, Netherlands, Norway, Poland, Romania, Slovakia, Spain, Liechtenstein the Prospectus Base 2021 (EU) is available on the Issuer’s website at www.21Shares.com. The approval of the 2021 Base Prospectus (EU) should not be understood as an approval by the SFSA of the securities offered or admitted to trading on a regulated market. Prospective eligible investors should read the 2021 Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with deciding to invest in the securities.

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