21Shares Crypto ETP Director Laurent Kssis Departs

21Shares Managing Director Laurent Kssis has left the crypto exchange-traded product (ETP) issuer after two years at the process.

  • Since becoming a member of the company in July 2019 (when it was once nonetheless referred to as Amun), Kssis helped to release plenty of crypto ETPs throughout a number of Ecu inventory exchanges.
  • The goods supply publicity to BTC, ETH, BCH, ADA, XLM, DOT and S, permitting buyers to journey the marketplace with out maintaining the underlying crypto asset.
  • Consistent with an individual with wisdom of the placement who needed to stay nameless, when Kssis joined the corporate, belongings underneath control (AUM) have been at $30 million. The company’s AUM surpassed $100 million ultimate 12 months, and feature since skyrocketed to greater than $1.85 billion.
  • The supply mentioned the whopping expansion will also be attributed to the variety of goods introduced and bitcoin’s worth rally.
  • Kssis has held plenty of roles around the exchange-traded fund (ETF) sector in his 18-year profession. He has labored at Usual & Deficient’s, State Boulevard and XBT Supplier, a CoinShares subsidiary.
  • A request for remark despatched to 21Shares wasn’t returned through press time. Kssis declined to remark.

Learn extra: 21Shares Launching First Polkadot ETP on SIX Alternate



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