European Union Open to Hashdex Crypto ETPs After Swedish Approval

The Swedish Financial Supervisory Authority (SFSA) has authorized Hashdex AG to list exchange-traded products (ETPs) in the European Union, following the approval of its European base prospectus.

As always, the approval of the Base Prospectus filed in May should not be understood as an approval by the SFSA of the securities offered or admitted to trading on a regulated market. Investors are invited to read the leaflet before making an investment decision.

Hashdex’s ETP approval is an important step in the company’s continued expansion into Europe, which already includes the launch of its first European product, the Hashdex Nasdaq Crypto Index Europe ETP (SIX: HASH SW) on the Six Swiss Exchange in May.

Hashdex has now secured passporting rights for all EU countries and intends to further expand its product line of digital asset strategies in the region.

Hashdex works with exchanges to list ETPs in the EU

Bruno Sousa, Head of New Markets at Hashdex, commented: “Receiving approval for listing in the European Union in just three months is a testament to the tireless efforts of our talented team as we expand our range of products that meet the needs of European investors. . We are focused on building on the recent successful launch of the Hashdex Nasdaq Crypto Index Europe ETP in Switzerland, and look forward to continuing to make great strides in positioning Hashdex as Europe’s leading crypto issuer with the ability to deploy innovative and diversified strategies using our proven ETP structure.

Hashdex is working closely with relevant service providers, including exchanges, to list its family of ETPs in the European Union so that they can be made available to traders through local platforms.

Hashdex specializes in crypto asset management and introduced the world’s first crypto ETFs in 2021, enabling over 260,000 investors to add crypto to their portfolios.

Nasdaq has developed, in partnership with Hashdex, the Nasdaq Crypto Index to provide global investors with a trusted benchmark for the crypto asset class.

In another partnership with Nasdaq, Hashdax contributed to the Advisor Academy Digital Assets program, a free course open to all finance professionals and designed to provide informative and educational resources for financial advisors on the evolution of the ecosystem of digital assets, investment considerations, regulations, taxes, etc.

The crypto asset manager has over 90 team members drawn from the worlds of technology and finance in Rio de Janeiro, New York and Zurich.