Brazilian Crypto Asset Manager Hashdex Authorized to List ETPs in the European Union
The company earlier this year received approval to operate in Switzerland and listed an ETP there in May.
Aug 31, 2022 at 8:49 p.m. UTC:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/UG4GIUMVQ5ELLMCIVE7374GR4Q.jpg)
Hashdex cleared to list ETPs in the EU. (Håkan Dahlström/Getty Images)
Hashdex, a Brazilian crypto asset manager, has been approved to list exchange-traded products (ETP) in the European Union, the company announced Tuesday.
Hashdex is already working with European service providers − including exchanges − to list ETPs in different countries of the European Union, the company said in the statement. “We hope to move forward to be the main European issuer of cryptocurrency products, always promoting innovative and diversified strategies,” said Bruno Sousa, the company’s head of new markets.
In May, Hashdex launched the Hashdex Nasdaq Crypto Index Europe ETP on the SIX stock exchange in Switzerland after having won approval to operate in that country.
Hashdex currently offers six crypto-related exchange-traded funds (ETFs) in Brazil.
This article was translated by Andrés Engler and edited by CoinDesk. The original Portuguese can be found here.
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Rodrigo Tolotti is a crypto editor at InfoMoney, a leading financial news publication in Brazil. He graduated in Journalism from Faculdade Cásper Líbero.
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