Leonteq launches the Leonteq Crypto Market Index
EQS-News: Leonteq AG / Tag(s): Product launch
28.01.2022 / 07:00
PRESS RELEASE | LEONTEQ LAUNCHES THE LEONTEQ CRYPTO MARKET INDEX
Zürich, January 28, 2022
Leonteq announced today that it is strengthening its leadership position in the crypto asset market in a securitized format by launching the Leonteq Crypto Market Index.
Earlier this month, Leonteq already added Avalanche, Polygon, and Dogecoin as new crypto assets to its platform and each of them ranks among the top 15 crypto assets by market capitalization. Following this expansion to a total of 25 crypto assets, Leonteq is now launching its first rules-based indexing strategy.
The Leonteq Crypto Market Index tracks the financial performance of 11 crypto assets currently and the weighting of the individual components of the index is determined based on their market capitalization while also using a mechanism to reduce the concentration on the individual components of the index. ‘index. The composition of the index will be reviewed and adjusted on a quarterly basis and currently includes Algorand, Avalanche, Bitcoin, Cardano, Dogecoin, Ether, Litecoin, Polkadot, Polygon, Solana and XRP.
A tracker certificate on the Leonteq Crypto Market Index is now available for Swiss investors and is listed on the SIX Swiss Exchange.
Tino Wendisch, Managing Director and Head of Crypto Offering at Leonteq, said, “Recent volatility in the crypto market has shown that a diversified investment approach is warranted when investing in crypto assets. Given its diverse structure and the possibility of adding new crypto assets to the index over time, the Leonteq Crypto Market Index represents a well-rounded investment opportunity. The certificate on the index allows investors to participate in the long-term prospects of this emerging asset class and it currently accounts for around 73% of the total crypto market capitalization.”
Leonteq’s investment solutions on crypto assets bring several advantages to institutional and retail investors:
As a leading provider of innovative investment solutions, Leonteq has been a pioneer in offering structured products on crypto assets by issuing tracking certificates on major crypto assets since 2017 in Switzerland. Leonteq also offered its clients the world’s first short tracker certificate on Bitcoin in 2017, the first actively managed exchange-traded strategy in 2018 as well as the world’s first reverse convertible on Bitcoin in 2019 and won the Swiss Derivative Award for alternative underlying two years in a row. Leonteq today holds a leading position in the DACH region by offering crypto assets in a secure format. On Leonteq’s investment solutions platform, institutional and retail investors can select products from the largest universe available with a total of 25 crypto assets, including Bitcoin, Ether, Cardano, XRP and Solana.
Learn more about our tacker certificate on the Leonteq Crypto Market Index for Swiss investors.
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Leonteq is a Swiss fintech company with a leading market for structured investment solutions. Based on modern proprietary technology, the company offers derivative investment products and services and mainly covers capital protection, yield enhancement and participation product categories. Leonteq acts both as a direct issuer of its own products and as a partner of other financial institutions. Leonteq further enables life insurance companies and banks to produce capital-efficient unit-linked retirement products with guarantees. The company has offices and subsidiaries in 13 countries, through which it serves more than 50 markets. Leonteq AG is listed on the SIX Swiss Exchange (SIX: LEON).
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