21Shares announces the listing of the world’s first Terra


January 12, 2022 – 21Shares AG (“21Shares”), the world’s largest cryptocurrency ETP issuer, today announced the listing of the world’s first crypto ETP on the Terra blockchain in CHF, EUR and USD on SIX Swiss Exchange.

Terra (ISIN: CH1145931015, mnemonic: LUNA) is the second largest ecosystem in the world after Ethereum, with a total locked-in value of $ 18.8 billion (TVL). TVL is the key metric to describe the number of assets involved in a blockchain protocol.

  • 21Shares Terra ETP provides a solution for investors seeking access to an alternative ecosystem that is not based on the Ethereum Virtual Machine (EVM).
  • Terrafor Labs was founded in 2018 by Daniel Shin, co-founder of TicketMonster, a South Korean e-commerce platform, and Do Kwon, a former Microsoft and Apple software engineer.
  • The Terra ecosystem includes DeFi (decentralized finance) infrastructure, financial tool applications and NFT solutions. The most important innovation of the ecosystem is its DeFi Anchor solution. The Anchor Protocol generates very attractive returns for investors with borrowing and lending solutions.
  • The underlying Terra blockchain technology allows up to 10,000 transactions per second (TPS) and with a transaction time of 2 seconds. In contrast, Ethereum processes 15 to 30 transactions with a transaction time greater than 1 minute. Finally, the transaction costs are very low.

Hany Rashwan, CEO of 21Shares, said, “We have been following the Terra ecosystem for a long time and have been very impressed with its development and traction. We are delighted to offer investors the world’s first listed ETP that tracks this innovative product.

As of January 2022, 21Shares managed over $ 2 billion in 22 cryptocurrency ETPs and 83 listings, including the only ETPs in the world to follow Binance, 4 crypto index baskets and two ETPs with investor stake rewards. (Tezos and Solana). Its products are listed on ten regulated European and Swiss stock exchanges.

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About 21Shares
21Shares takes innovation to the next level with the world’s largest portfolio of cryptocurrency exchange traded (ETP) products. In 2018, he pioneered the world’s first cryptocurrency index listing on the SIX Swiss Exchange, and he continues to fuel his cryptocurrency franchise with cutting-edge research and groundbreaking approaches to product strategy. 21Shares aims to provide all investors with a simple, secure and regulated way to buy, sell and short sell cryptocurrency through existing bank and brokerage accounts. 21Shares’ issuance platform, Onyx, is used by both 21Shares and third parties to issue and mine cryptocurrency ETPs around the world. For more information, please visit www.21shares.com.

This document does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG. Neither this document nor anything therein should form the basis of, or be relied upon in connection with, any offer or undertaking in any jurisdiction. This document constitutes an advertisement within the meaning of the Federal Financial Services Act and not a prospectus. This document and the information it contains are not intended for distribution in or to (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or broadcast would be. illegal. This document does not constitute an offer to sell any securities or the solicitation of an offer to buy in the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these documents relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States. -United in the absence of registration. or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will be no public offering of securities in the United States. This document is only distributed and is intended for: (i) investment professionals falling under Article 19 (5) of the 2005 Ordinance of the 2000 Financial Services and Markets Act (Financial Promotion) (the “Order”); or (ii) wealthy entities and other persons to whom they can legally be communicated, falling under article 49 (2) (a) to (d) of the Ordinance (all these persons being together referred to as “data subjects “); or (iv) persons falling under Article 43 (2) of the Order, including existing members and creditors of the Company or (v) any other person to whom this document may be lawfully distributed in circumstances where Article 21 (1) FSMA does not apply. The Securities are only available and any invitation, offer or agreement to subscribe, purchase or acquire these securities will only be concluded with the persons concerned. Anyone who is not a Data Subject should not act or trust this document or any of its contents. In any EEA Member State (other than France, Germany, Italy, Austria, Belgium, Croatia, Czech Republic, Denmark, Finland, Hungary, Ireland, Luxembourg, Malta, the Netherlands, Norway, Poland, Romania, Slovakia, Spain, Lichtenstein) which has implemented the Prospectus Regulation (EU) 2017/1129, as well as any implementing measures applicable in any Member State, the “Prospectus Regulation”), this communication is addressed only to investors qualified in that Member State within the meaning of the Prospectus Regulation. Exclusively for potential investors in France, Germany, Italy, Austria, Belgium, Croatia, Czech Republic, Denmark, Finland, Hungary, Ireland, Luxembourg, Malta, Netherlands, Norway, Poland, Romania, Slovakia, Spain, Liechtenstein the Prospectus Base 2021 (EU) is available on the Issuer’s website at www.21Shares.com. The approval of the 2021 Base Prospectus (EU) should not be understood as an approval by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the 2021 Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities.


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