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Amun Releases New Token Designed to Alleviate BTC Losses

A company has released a new token that allows people to earn gains whenever bitcoin falls. The company is a Swiss blockchain enterprise known as Amun, and it seeks to provide customers a chance to earn money whenever bitcoin undergoes “inverse price movements.”Amun Has Released an Interesting Token ProductThe token is based on an exchange-traded product (ETP) that was released by Amun back in January. In an announcement, the company explains:Typically, these purchases are short-term in...

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Amun AG Unveils New Bitcoin Tracking Feature

A new kind of bitcoin exchange-traded product (ETP) is available for enthusiasts and hardcore traders to enjoy. Switzerland-based venture Amun AG has unveiled its new 21Shares Short Bitcoin ETP set to be traded on the Swiss SIX Stock Exchange.Amun Has Set Its Sights on Predicting Bitcoin’s Next MoveThe Short Bitcoin ETP is a tracker that claims to monitor the “opposite performance” of bitcoin. In other words, wherever bitcoin is going at press time – either up or down – the product will...

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Swiss Startup Amun Gets Green Signal from Regulators to Offer ETP Products to EU Retailers

Switzerland-based fintech startup Amun AG is all set to offer cryptocurrency exchange-traded products (ETPs) to retail investors in the EU after it receives a regulatory nod from the Swedish Financial Supervisory Authority (SFSA).Amun made the announcement on Tuesday, December 10, after SFSA cleared a base prospectus filed by the startup. The announcement says that retail investors who have access to Germany’s Boerse Stuttgart and Swiss SIX exchanges will be eligible to trade Amun’s ETP...

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Amun and Binance Launch BNB ETP on Swiss SIX Stock Exchange

Photo: Binance BlogBinance has partnered with premier exchange-traded product Amun AG to create an ETP that has the BNB token as the primary asset but listed in US dollar value. This development was announced today by the leading cryptocurrency exchange. Trading of the newly developed product (the Amun BNB ABNB) has started on the Swiss SIX exchange today.Changpeng Zhao CEO Binance indicated this in a tweet as well.A MAJOR step. Now you can trade $BNB ETP on Swiss Stock Exchange (Ticker:...

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