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Crypto Firm 21Shares Announces Partnership with German Platform comdirect

Source: David

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21Shares AG​, the pioneering issuer of crypto Exchange Traded Products (ETPs), announced a partnership with comdirect, the largest German online retail platform. 

Eleven of 21Shares's ETP offerings currently listed in Germany are available on the comdirect platform at zero commissions.

Currently comdirect provides more than 2.9m customers with innovative, intelligent products and services so that they can carry out their banking and securities trading transactions easily and conveniently. The partnership marks a first for investors opting to add crypto assets into their savings accounts.

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Hany Rashwan, CEO of 21Shares, said: "We were the first crypto issuer to list a fully collateralised, 100% physically-backed bitcoin ETP on most German exchanges back in 2019 and today are the only issuer to admit four crypto ETPs on Xetra alone. This followed us listing the world's first physically-backed crypto ETP on the SIX Swiss Exchange in 2018. We are very excited to offer German clients who wish to add Bitcoin and other crypto assets to their savings plan a compelling option to do so thanks to comdirect, an option that was not available for any crypto products until now."

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