SIX-listed Amun Sygnum Platform Winners Index ETP is now available through Sygnum Bank AG, alongside other banks and brokerages. This ETP is a useful vehicle to gain exposure to foundational blockchain protocols, as well as a convenient, safe entry point for investors new to digital assets.
Sygnum, a Swiss digital asset bank, in collaboration with Amun AG, the largest provider of Exchange Traded Products for the digital asset industry, launched a digital asset index and corresponding ETP, called the Amun Sygnum Platform Winners Index ETP (ticker: MOON), in December 2019.
The ETP enables qualified and institutional investors to gain exposure to digital assets in a convenient, safe and responsible way. Since its launch, the ETP has already demonstrated strong performance, reflected in a 17% price increase.
This is the first index to track only native blockchain protocol tokens using a fully rules-based approach. The index identifies on a dynamic basis the tokens of the most established, foundational protocols upon which applications and ecosystems are being built, including Bitcoin, Ethereum and a number of others, for example, EOS, Binance Chain, Cardano, NEO, and Tezos.
Sygnum’s index construction methodology was developed to track the real-world adoption of protocols. It uses objective metrics to measure important network effects from three groups – the investors, developers, and users that drive the value of blockchain protocols. The network effect of these three groups mutually reinforces the growth and scale of a protocol.
“The opportunity to invest in these protocols is akin to the opportunity to invest in the beginnings of the Internet of Information, which became the foundation of the sharing economy, e-commerce and all kinds of other business models. The ETP provides exposure to the view that blockchain protocols will become the foundation of tomorrow’s digital asset economy as part of this next generation Internet of Value,”
– Stefan Mueller, Head of Asset Management for Sygnum
This physically-backed ETP is fully collateralized, with the corresponding tokens stored in secure and institutional-grade custody. The MOON ETP is issued by Amun and administered via the Amun Onyx Platform, an issuance and administration platform for digital asset Exchange Traded Products.
“We aim to develop compelling yet simple investment products for digital assets. With the receipt of our Capital Markets Services (CMS) licence in Singapore, asset management activities are a key focus area for Sygnum.”
– Manuel Krieger, Sygnum Co-Founder and CEO Switzerland