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VanEck has launched a SUI-based exchange-traded note (ETN) listed on Euronext Amsterdam and Paris, expanding access to the SUI token for European investors across 15 countries. The firm emphasizes Sui's advanced technology and scalability, highlighting its potential for growth in the blockchain space. Additionally, VanEck has introduced staking rewards for its Solana ETN, enhancing value for investors.
VanEck has launched a new SUI-based exchange-traded note (ETN) listed on Euronext Amsterdam and Euronext Paris, expanding access to the SUI token for European investors across over 15 countries. The firm emphasizes Sui"s advanced technology and scalability, with support from Bank Frick for security protocols. Additionally, VanEck has introduced staking rewards for its Solana ETN, enhancing investment opportunities in the cryptocurrency space.
VanEck Europe has launched a new exchange-traded note (ETN) based on the SUI token, allowing investors in over 15 European countries to gain exposure without direct ownership. This launch coincides with SUI reaching an all-time high of $3.43, reflecting strong market interest and confidence in its growth potential. The ETN is fully backed by SUI tokens and aims to provide a simple investment avenue into the innovative Sui blockchain, known for its efficiency and low transaction costs.
VanEck Europe has launched a new exchange-traded note (ETN) based on the SUI token, allowing investors in over 15 European countries to gain exposure without direct ownership. This launch coincides with SUI reaching an all-time high of $3.43, reflecting a 443% increase over the past year. The ETN is fully backed by SUI tokens and aims to meet the growing demand for innovative blockchain solutions, highlighting Sui's efficiency and low transaction costs.
VanEck has launched a new SUI-based exchange-traded note (ETN) across 15 European markets, providing investors exposure to the Sui blockchain without direct ownership of SUI tokens. The ETN, backed by SUI tokens held in cold storage at Bank Frick, features a 1.5% expense ratio and is linked to the MarketVector Sui VWAP Close Index. As Sui's trading volume and price surge, reaching $3.44 with a potential rise to $5, the ETN aims to simplify crypto investments in a regulated environment.
VanEck has launched the VanEck Sui ETN on Euronext Amsterdam and Paris, allowing investors to engage with the SUI token without direct ownership. Sui, a decentralized smart contract platform by Mysten Labs, is designed for quick transaction finalization and low costs, making it a viable alternative to older blockchains. With SUI currently trading at $3.32 and a recent milestone of $28 billion in DEX trading volume, there is potential for its price to reach $5 amid a bullish trend.
VanEck has launched the VanEck Sui ETN on Euronext Amsterdam and Paris, allowing investors to engage with the SUI token without direct ownership. Sui, developed by Mysten Labs, offers rapid transaction processing and user-friendliness, making it ideal for decentralized finance and real-time applications. The ETN is fully collateralized and secured by Bank Frick, with a total expense ratio of 1.5%, though investors should be aware of potential volatility.
Pyth Network, a decentralized oracle protocol, facilitates the transfer of external data to smart contracts, enhancing blockchain applications in decentralized finance (DeFi) and beyond. VanEck has launched an ETN on the Pyth token, allowing investors to engage with this innovative network without direct token purchase. The ETN, fully collateralized and available to Italian investors, is listed in Amsterdam and Paris, with a total expense ratio of 1.5%.
VanEck has launched a Pyth Network ETN in Europe, allowing investors in 15 countries to gain exposure to the PYTH token, which supports decentralized finance through real-world data integration. Meanwhile, traders are shifting from underperforming cryptocurrencies like Cardano and IOTA to the presale of Vantard, a meme coin index fund that has raised over $800,000 in less than three weeks, capitalizing on the anticipated interest rate cuts by the Federal Reserve.
VanEck has launched a new exchange-traded note (ETN) in Europe that tracks the Pyth Network's native token, PYTH, available on Euronext Amsterdam and Paris for investors in 15 European countries. CEO Martijn Rozemuller highlighted the significance of oracle networks like Pyth for decentralized finance infrastructure. The ETN is backed by physical PYTH tokens held by Bank Frick in Liechtenstein.
Martijn Rozemuller
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VanEck launches Sui-based exchange-traded note in Europe expanding crypto access
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