EQS Group-News: Leonteq AG / Key word(s): Product Launch
Press release: Leonteq launches thematic crypto basket certificates

02.12.2021 / 07:00


PRESS RELEASE | LEONTEQ LAUNCHES THEMATIC CRYPTO BASKET CERTIFICATES

Zurich, 2 December 2021

Leonteq today announced that it is further building out its market leading position for crypto assets in a securitised format by launching thematic crypto basket tracker certificates.

After the successful launch of tracker certificates on 22 single crypto assets, Leonteq is now expanding its crypto asset offering in Germany, Austria and Switzerland (DACH region) with the launch of the first thematic crypto basket trackers on themes such as Decentralized Finance, Smart Contract Platforms and Data. By doing so, Leonteq gives investors easy, convenient and secure access to growing trends in the crypto asset space.

The Decentralized Finance (DeFi) Cypto Basket gives exposure to one of the most exciting and disruptive areas in the crypto space. DeFi aims to replicate and rebuild traditional finance on the blockchain while addressing common problems such as the need for intermediaries, high transaction costs, intransparency or settlement delays. Numerous successful DeFi applications have evolved over the years and the Leonteq certificate exposes investors to the crypto assets Aave, Compound, Maker, Uniswap, Yearn.Finance and 0x.

The Smart Contract Platforms Crypto Basket provides investors access to the backbone of the entire crypto ecosystem. Smart contracts are self-executing computer programs or scripts that sit on the blockchain. Smart contracts are able to interact with each other, allowing for complex, often decentralized blockchain applications. These can range from crypto exchanges, borrow and lending markets, insurances, and tokenization of assets to many non-financial applications. The Leonteq certificate tracks the performance of Algorand, Cardano, Cosmos, Ethereum, Polkadot, Solana and Tezos.

The Data Crypto Basket exposes investors to blockchain data-related topics. Smart contracts often require data (e.g. financial data) which does not naturally exist on blockchains and one challenge is to get off-chain information on-chain in a reliable, trust-minimized manner. In addition, blockchain technology can be used to organize the management of decentralized storage efficiently. The Leonteq certificate replicates an investment in Chainlink and Filecoin.

Tino Wendisch, Managing Director and Head Crypto Offering at Leonteq, stated: "The launch of our first thematic crypto baskets is a natural next step in further broadening our product offering in this emerging asset class. Crypto asset investments by large are inaccessible through traditional custodians. Our crypto basket certificates solve that challenge through securitisation and offer investors an interesting opportunity to participate in various business models in the crypto space. Performance of crypto assets within one theme can diverge significantly and basket certificates allow investors to participate in the overall trend with one single product."

Leonteq's crypto asset offering brings several advantages for both institutional and retail investors:

  • Certificates are issued by Leonteq as an authorised securities firm supervised by the Swiss Financial Market Supervisory Authority (FINMA) with a strong capital base of around CHF 800 million and an investment grade rating assigned by the renowned rating agency Fitch Ratings;
  • Certificates allow for the investment in crypto assets as easy and secure as stocks or bonds via a traditional custodian, conveniently accessible via a regulated exchange such as SIX, BX Swiss or Börse Frankfurt;
  • Investors are not required to manage public and private keys or wallets.

As a leading provider of innovative investment solutions, Leonteq has been a pioneer in offering structured products on crypto assets by issuing tracker certificates on the main crypto assets since 2017 in Switzerland. Leonteq also offered its clients the world's first short tracker certificate on Bitcoin in 2017, the first exchange traded actively managed strategy in 2018 as well as the world's first reverse convertible on Bitcoin in 2019 and has won the Swiss Derivative Award for alternative underlyings two years in a row. Leonteq today has a leading position in the DACH region in offering crypto assets in a securitised format. On Leonteq's platform for investment solutions, institutional and retail investors can select products from the largest available universe with a total of 22 crypto assets, including Bitcoin, Ethereum, Solana, Polkadot and Litecoin.

Learn more about our thematic crypto basket certificates for Swiss investors.

Learn more about our thematic crypto basket certificates for German investors.

CONTACT
Media Relations
+41 58 800 1844
media@leonteq.com

Investor Relations
+41 58 800 1855
investorrelations@leonteq.com

LEONTEQ
Leonteq is a Swiss fintech company with a leading marketplace for structured investment solutions. Based on proprietary modern technology, the company offers derivative investment products and services and predominantly covers the capital protection, yield enhancement and participation product classes. Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions. Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees. The company has offices and subsidiaries in 13 countries, through which it serves over 50 markets. Leonteq AG is listed on the SIX Swiss Exchange (SIX: LEON).
www.leonteq.com

DISCLAIMER
This press release issued by Leonteq AG (the "Company") serves for information purposes only and does not constitute research. This press release and all materials, documents and information used therein or distributed in the context of this press release do not constitute or form part of and should not be construed as, an offer (public or private) to sell or a solicitation of offers (public or private) to purchase or subscribe for shares or other securities of the Company or any of its affiliates or subsidiaries in any jurisdiction or an inducement to enter into investment activity in any jurisdiction, and may not be used for such purposes. Copies of this press release may not be made available (directly or indirectly) to any person in relation to whom the making available of the press release is restricted or prohibited by law or sent to countries, or distributed in or from countries, to, in or from which this is restricted or prohibited by law.

This press release may contain specific forward-looking statements, e.g. statements including terms like "believe", "assume", "expect", "target" "forecast", "project", "may", "could", "might", "will" or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may result in a substantial divergence between the actual results, financial situation, development or performance of the Company or any of its affiliates or subsidiaries and those explicitly or implicitly presumed in these statements. These factors include, but are not limited to: (1) general market, macroeconomic, governmental and regulatory trends, (2) movements in securities markets, exchange rates and interest rates and (3) other risks and uncertainties inherent in our business. In addition, currently, it is very difficult to provide a meaningful prediction on how the governmental actions in response to the ongoing outbreak of a novel coronavirus disease (COVID-19) and other COVID-19 related factors will affect Leonteq's operations and how long such measures will remain in place. The COVID-19 outbreak has caused, and may continue to cause, uncertainty, economic instability and a significant decrease of total economic output in the affected areas and globally. The impact of the COVID-19 outbreak on the general economic environment in the markets in which Leonteq operates remain uncertain and could be significant. Against the background of these uncertainties, you should not rely on forward-looking statements. Neither the Company nor any of its affiliates or subsidiaries or their respective bodies, executives, employees and advisers assume any responsibility to prepare or disseminate any supplement, amendment, update or revision to any of the information, opinions or forward-looking statements contained in this press release or to adapt them to any change in events, conditions or circumstances, except as required by applicable law or regulation.



End of Media Release


1253477  02.12.2021 

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