EQONEX Launches Physically Backed Bitcoin ETN In Germany – Bitcoin Magazine


  • EQONEX Restricted introduced a bodily backed bitcoin ETN for German investors.
  • Actual physical bitcoin will be custodied by Digivault in a segregated account.
  • The enterprise intends to establish out more investor products and solutions to be made available internationally.

German financial solutions company EQONEX Minimal (NASDAQ: EQOS) has released its initial trader merchandise with a new physically backed trade-traded observe (ETN) on the Deutsche Börse XETRA Exchange, in accordance to a push release.

The EQONEX Bitcoin ETN makes it possible for German buyers to use typical brokerage products and services to trade again and forth concerning the asset while also allowing for investors the option to redeem genuine bitcoin for free of charge with a Digivault custody account. Digivault is a Money Conduct Authority (FCA) registered custody provider for digital belongings and is a person of only 35 total entities that now maintain this accreditation.


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