Switzerland’s Stock Exchange SIX to release World’s first XRP Crypto ETP soon

In a recent Coindesk interview with Hany Rashwan, co-founder and CEO of the Swiss company Amun AG,  Switzerland’s primary exchange SIX could soon list another cryptocurrency-based exchange-traded product (ETP).  This latest ETP offering will track the price of XRP, the third largest crypto asset by market capitalization – ticker name AXRP.   We can comfortably say that we expect to release the world’s first XRP ETP within the next two months.” states Rashwan   Besides XRP, Amun has been granted clearance to issue ETPs linked to four additional crypto assets, including Bitcoin…

Read More

Binary.com issues smart tokens with dividend rights in landmark ICO

Binary.com, the pioneer of online binary options trading, has launched an ICO that demonstrates how an IPO can be effectively carried out on the blockchain. Through this landmark token sale, Binary.com will issue tokens that convey dividend rights to investors just like shares. The token sale runs until 25 December 2017. Redefining IPOs in the age of the blockchain Binary.com is calling it an “IPO on the blockchain” as it’s meant to be an effective substitute for a conventional IPO performed by a stock exchange. To execute its vision as…

Read More