Fintech Firm Leonteq to Offer Crypto Products in Germany & Austria
Ever since growth of its cryptocurrency facility within its home country of Switzerland, financial technology company Leonteq has now debuted a joint project with ICF Bank — one of Germany’s top stock trading banks — to introduce digital currency to investment firms across Germany and Austria.
The company is well-known in the Swiss market for its achievements, which include becoming the “world’s initial short tracker certificate on Bitcoin in 2017, and also the world’s maiden reverse convertible on Bitcoin two years back,” and is currently slated to make additional inroads in the burgeoning sector.
After the the evolvement of a multi-year connection, Leonteq and ICF Bank have partnered in an attempt to broaden the former’s financial products further than conventional structured resources with the advent of 18 crypto-based assets such as the unrivaled Bitcoin (BTC) and Ether (ETH), and also Cardano (ADA), Aave (AAVE), and XRP, and many others. Each one of these assets has monitoring certificates that may be seen on the Börse Frankfurt Zertifikate AG.
Following that, Leonteq is said to offer the maximum number of cryptocurrency products in the DACH area for both institutional and individual investors in Germany, Austria and Switzerland. Tino Wendisch, chief of cryptocurrency offering at Leonteq, commented on the advantages that their customers will enjoy as a result of this development, saying, “We are pleased to offer our customers such a wide range of distinct investment experiences in numerous themes within the cryptocurrency world such as decentralized finance, storage, or blockchain technologies in a securitized form.”