Hashdex, a Brazilian crypto asset manager, has been approved to list exchange-traded products (ETPs) on the SIX stock exchange in Switzerland.
- The firm unveiled its first such product, the Nasdaq Crypto Index ETF, in early 2021 followed by a decentralized finance (DeFi) ETF in February this year and a Web 3 fund in March.
- Approval from Zurich-listed SIX marks the first milestone for Hashdex's international expansion plans, with intentions to make its products available to the wider European market soon, according to an announcement Monday.
- The announcement also closely follows Hashdex's appointment of Laurent Kssis as its managing director and head of Europe. Kssis was previously a director of ETP provider 21Shares, the issuer of a number of crypto investment products on SIX.
- Hashdex is currently recruiting teams in London, Zurich, Paris and Lisbon to meet its expansion plans.
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