The Block17 minutes ago

Published on March 07, 2024 07:05 GMT+00:00edited on March 07, 2024 07:09 GMT+00:00

Institutional staking services provider Figment Europe and Apex Group are set to launch Ethereum and Solana staking exchange-traded products on the SIX Swiss Exchange next week via Issuance.Swiss AG.

Debuting on March 12 on one of the leading European exchanges, the Figment Ethereum Plus Staking Rewards (ETHF) and Figment Solana Plus Staking Rewards (SOLF) products are designed to offer institutions convenient access to staking rewards through traditional brokers or banks under a familiar ETP wrapper.

“We have worked hard to be in a position to support the launch of the first Ethereum and Solana staked ETPs by Issuance.Swiss AG on a regulated trading venue here in Switzerland,” Figment CEO Lorien Gabel said in a statement. “Our objective is now near complete and marks an important step …