SEBA Bank Joins SIX as New ETP Issuer

The Swiss Stock Exchange (SIX) will welcome SEBA Bank as a new ETP issuer. The new addition of products on SIX reflects the increasing interest in crypto products trading.

Earlier this year, ETC Group and CoinShares joined SIX as ETP issuer. SEAB Bank is the third ETP issuer joining and with its four ETPs further enlarges the choice of products with a crypto-currency underlying at SIX. SEBA Bank allows traders to invest, safekeep and trade in digital and traditional. It also enables them to borrow against these assets and issue tokens – all out of an integrated and end-to-end banking platform.

“When allocating their assets to crypto-currencies, investors are increasingly making the conscious decision in favor of the Swiss Stock Exchange as it offers crucial advantages like transparency, liquidity and fair as well as orderly pricing. With the new products from SEBA, investors have the comprehensive range of 79 crypto products to choose from”, Christian Reuss, Head SIX Swiss Exchange said.

Since the admission of crypto products to trading at SIX, six years ago, seven ETP and structured products issuers offer products on eight different crypto currencies. SEBA Bank will list Bitcoin and Ethereum and a crypto basket ETP, which makes the total number of ETPs on SIX 51.

In February, Fazzaco has reported on new ETF issuer Tabula joining SIX​.