- Deutsche Digital Assets has received approval from Nasdaq Stockholm to list crypto ETPs.
- DDA can now Scandinavian Offer investors multiple crypto products.
Asset manager Deutsche Digital Assets (DDA) has officially received the green light from Nasdaq Stockholm to become a new issuer of exchange-traded products (ETPs). With this strategic development, DDA will be able to list its crypto products on Nasdaq Stockholm, making it easier for Scandinavian investors to safely invest in digital assets such as Bitcoin.
This move particularly underlines DDA’s commitment to taking a leading position in the crypto ETP space. This approval is a testament to the commitment and care with which Deutsche Digital Assets has met the strict requirements of Nasdaq Stockholm.
German digital assets at Nasdaq Stockholm
Romain Bensoussan, Sales Manager at DDA, comments on the remarkable development:
“Licensing as an issuer on Nasdaq Stockholm is an important step in expanding access to our institutional crypto ETPs. This approval allows us to serve a broader range of investors who are increasingly looking for efficient ways to invest in digital assets. We look forward to launching our first products on Nasdaq Stockholm in the coming weeks.”
DDA will list several ETPs on Nasdaq Stockholm
Notably, Bensoussan hinted that DDA may list its crypto exchange-traded products on Nasdaq Stockholm. In his opinion, this approval offers Nordic investors an impressive opportunity to gain access to transparent, safe and regulated investment solutions.
Sylvester Andersen, AVP New Business Development at Nasdaq Stockholm, was enthusiastic about Deutsche Digital Assets’ new venture. He confirmed that the asset manager’s plans have further strengthened Nasdaq’s vision of offering diversified products to investors. He noted:
“We are pleased to welcome Deutsche Digital Assets as an issuer on Nasdaq Stockholm. Their expertise in the area of crypto ETPs fits with our goal of offering our investors diverse and innovative investment opportunities.”
Significantly, this development follows the alliance between the DDA and BitGo, whereby both platforms have joined forces to offer secure custody and staking for the Safello Bittensor Staked TAO ETP.
Nasdaq Stockholm accepts new ETPs
DDA’s approval by Nasdaq Stockholm is in line with its commitment to expand offerings in the digital assets space. It recently approved investor 21Shares to list its six new investment products Aave (AAVE), Cardano (ADA), Chainlink (LINK), Polkadot (DOT), Crypto Basket Index ETP and Crypto Basket 10 Core ETP.
The six new crypto products from 21Shares bring the company’s number of offerings on Nasdaq Stockholm to 16. Existing ETPs include Bitcoin, Ethereum and Solana.
No Comments