Newly listed ETPs are 100% physically-backed and feature reduced management fees of 0.0% p.a.
June 21, 2022 | SAINT HELIER, Jersey – CoinShares (“the Company”) (Nasdaq First North Growth Market: CS; US OTCQX: CNSRF), Europe’s largest digital asset investment firm with US$1.6bn* in AUM, today announced the addition of two physically-backed ETPs to their growing range of staked ETPs listed on Germany’s main market Xetra.
Both CoinShares Physical Staked Matic (Ticker: CPYG) and CoinShares Physical Staked Cosmos (Ticker: COMS) leverage the Company’s proprietary technology platform, Galata, to provide investors with exposure to the underlying cryptocurrency plus an additional yield of 5.0% p.a.
CoinShares Physical Staked Matic
- Management Fee: Reduced to 0.0% p.a.
- Staking Reward: 5.0% p.a.
- ISIN: GB00BNRRB013
- Ticker: CPYG
- WKN: A3GVCY
MATIC is the native token of Polygon; a Proof of Stake blockchain tied to the Ethereum network which offers a suite of scaling solutions to help make Ethereum faster and cheaper while preserving most of the decentralised features and security benefits. Its future scaling solutions range from rollups that bundle and process transactions, to data layers where users can store transaction data cheaply.
CoinShares Physical Staked Cosmos
- Management Fee: Reduced to 0.0% p.a.
- Staking Reward: 5.0% p.a.
- ISIN: GB00BNRRF980
- Ticker: COMS
- WKN: A3GY73
Launched in 2019, Cosmos is the world’s largest ecosystem of interconnected chains. Cosmos is a Proof of…
