Equiduct increases ETP offerings to include fixed-income and cryptocurrency.
The number of ETFs and exchange traded products available on Equiduct’s Apex platform has nearly doubled.
720 ETFs and ETPs are now accessible through Apex after it introduced 314 new ISINs today (12 October).
Along with global ETPs, new geographies will also be accessible, with ETPs covering the US, Asia, and developing markets.
According to the company, Equiduct, which previously concentrated on European equities before launching US stocks in September 2022, has reached another expansion milestone.
Equiduct first debuted 321 ETFs and ETPs in September of last year, and this month it expanded its offering to include ETFs for the US equities market.
Furthermore, short and leveraged (S&L) ETPs are now available, giving investors access to positive or inverse leverage factors for individual stocks and baskets of ETPs.
Additionally, megatrend ETPs that focus on themes like artificial intelligence, blockchain, cloud computing, and cybersecurity have been established, along with short and leveraged ETPs.
According to Equiduct, more than five million retail investors now use Apex.
In addition, 20 additional issuers joined the trading platform as part of today’s expansion, including 21Shares, ETC Group, Global X, Leverage Shares, and WisdomTree.
“This expansion is an exciting milestone for Equiduct as we develop to embrace exhilarating new asset classes and thematics,” said Wail Azizi, chief strategy officer at Equiduct.
“Retail investors are drawn to cryptocurrency ETPs in particular because they are a cutting-edge platform for convergence between DeFi and TradFi. We are also excited to expand our offering to include short and leveraged products, giving retail investors access to enlarged exposures and a wider range of investment and hedging options.”
According to Hany Rashwan, co-founder and CEO of 21Shares, “At 21Shares, our objective is to develop bridges into the cryptocurrency world. We are giving investors another opportunity to access the asset class by listing a number of our ETPs on Equiduct. We are eager to welcome additional investors because cryptocurrencies like Bitcoin and Ethereum have been among the highest performing asset classes over the past ten years. 16 of our ETPs will be listed on Equiduct when it launches, several of which were the first of their kind because of our structure, which is crypto-native, and constant emphasis on innovation”.
