03/04/19 04:20 UTC-4

The largest Swiss stock-exchange, SIX, launched the exchange product based on the Ripple cryptocurrency

SIX, the main stock-exchange in Switzerland, announced that on April 2, tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
began on the exchange-traded product (ETP) on the basis Xrp

As reported in March, the exchange has already confirmed that it will add a product called Amun Ripple XRP (AXRP).

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Hany Rashwan, CEO of the Amun AG Swiss company, said: “We can say with confidence that we plan to release the world's first XRP ETP over the next two months.”


Run four ETP

Rashvan also told the media that the company received permission from SIX to launch four more ETPs for other Bitcoins Cash, Litecoin, Stellar and EOS.

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SIX, the Swiss stock-exchange announced the launch of Amun Ripple XRP based on the Ripple cryptocurrency. These events seem to be part of a broader trend, which is that the US is left behind in terms of exchange products.

Recall that in March 2019, Amun Ethereum ETP trading was launched on the SIX exchange. 

Editor: Yuliya Soroka

See also: "From 50 Bitcoins and above: the Japanese stock-exchange launched an OTC trading platform"



Hypes, funds, fiat money