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|  |
 | |
| Company type | Private |
|---|---|
| Industry | Asset Management |
| Founded | 2022 |
| Founder | Christopher Kock, Peter Arvidsson |
| Headquarters | Stockholm, Sweden |
| Products | Exchange Traded Products (ETPs) |
| AUM | $90 million |
| Website | https://www.virtune.com/en |
Virtune is a Swedish digital asset management company that specializes in issuing cryptocurrency exchange-traded products (ETPs). The company was founded aiming to bridge the gap between traditional finance and the cryptocurrency market by facilitating the trading of Crypto ETPs on established financial exchanges.[1]
Virtune's financial instruments are listed and traded on Nasdaq Stockholm, Börse Stuttgart, and Euronext.[2][3]
History
editVirtune was founded in 2022, in Stockholm. In 2023, Virtune obtained its EU Base Prospectus, a crucial regulatory approval that enabled the company to offer its financial products throughout the European Union. This prospectus is a mandatory requirement for financial institutions seeking to issue securities or investment products within the European Union, ensuring compliance with the regulations set by the European Securities and Markets Authority (ESMA). The company gained rapid recognition in the Nordics, particularly after launching the region’s first cryptocurrency index ETP.[4]
Products
editVirtune issues Crypto ETPs which are a hundred percent physically backed by their underlying asset, and the value of ETPs are based on the underlying crypto assets. Certain Virtune products which are based on crypto blockchains using a Proof of Stake (PoS) system, offer staking returns to investors.[5][6]
As of September 2024, Virtune has launched 10 single asset crypto ETPs (including crypto assets such as Bitcoin, Ethereum, and Solana) and 2 crypto index ETPs.[7]
Investors can access Virtune's ETPs via different banks and brokers such as Avanza, Nordnet, Comdirect, Handelsbanken, Degiro, and Interactive Brokers.[8][9]
References
edit- ^ "Virtune bryter ny mark med Nordens första kryptoindex-produkt på Nasdaq". www.privataaffarer.se (in Swedish). Retrieved 2024-09-30.
- ^ "Krypto: Så kommer halveringen påverka Bitcoinpriset". www.di.se (in Swedish). 2024-04-15. Retrieved 2024-09-30.
- ^ "ETP listing Virtune on Euronext Amsterdam". www.euronext.com. Retrieved 2024-09-30.
- ^ https://registers.esma.europa.eu/publication/details?core=esma_registers_priii_documents&docId=22464019
- ^ Redaktionen (2023-07-28). "Vad är en ETP? Virtunes VD Christopher Kock berättar om nordens första börshandlade index för kryptovalutor". Finanstid (in Swedish). Retrieved 2024-09-30.
- ^ "Virtune AB (Publ) expands to the Netherlands with the listing of Virtune Staked Solana ETP on Euronext Amsterdam | Placera". www.placera.se. Retrieved 2024-09-30.
- ^ "Virtune AB (Publ) announces its expansion into France through the listing of Virtune Staked Solana ETP on Euronext Paris". The Manila Times. 2024-09-26. Retrieved 2024-09-30.
- ^ "VIR10SEK Trackers på Nasdaq Stockholm AB". Nordnet (in Swedish). Retrieved 2024-09-30.
- ^ "Om certifikatet | Avanza". www.avanza.se (in Swedish). Retrieved 2024-09-30.