21shares AG, publisher of products negotiating in an exchange of encryption (ETPS), announced today that it has entered into an ETP capital market agreement with Societe Generale to enhance liquidity in 21shares ETP on capital platforms for investors in Germany and Eastern Europe.
In the context of the agreement, Societe Generale will support the negotiation of Bitcoin and Ethereum Etps of 21shares (ABTC, CBTC, Aeth, Ceth) providing liquidity on basic capital platforms in Germany and Eastern Europe.
These platforms usually operate by important financial institutions, serve as a critical institutional infrastructure. With integration into these platforms, where Societe Generale acts as a market manufacturer, 21shares encryption products will now be accessible to a wider base for professional investors, expanding the institutional range throughout Germany and Eastern Europe.
“We are excited to work with Societe Generale, an important player in the ETF European field, as we continue to extend access to our ETPs,” said Alistair Byas-Perry, a world leader of Capital Markets & Emea Investment on 21st. “By bringing liquidity to Bitcoin and Ethereum Etps, Societe Generale helps us promote our mission to deliver the most effective and reliable encryption investment solutions on the market.”
“Societe Generale is excited to work with 21shares, a leading provider of ETPS encryption, to support the negotiation of Bitcoin and Ethereum ETP on capital platforms.
The partnership is expected to boost the liquidity, the quality of execution and the ease of access to German and Eastern Europe’s institutional investors navigating digital assets.