According to PRNewswire, the European multi-asset investment platform Mintos has announced a partnership with Upvest to officially launch a regulated cryptocurrency exchange-traded product (ETP). The newly launched cryptocurrency ETPs, issued by institutions such as BlackRock iShares and VanEck, track the price of underlying cryptocurrencies and are traded similarly to ETFs. Upvest provides the scalable, API-driven investment infrastructure and core brokerage services for the product, building on a prior collaboration in the ETF space. Martins Sulte, Co-founder and CEO of Mintos, stated that the cryptocurrency ETPs are designed to reduce the operational complexity and regulatory barriers associated with directly holding crypto assets.
Mintos Partners with Upvest to Launch Regulated Crypto ETPs
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Summary
Mintos has partnered with Upvest to launch regulated crypto ETPs, a significant update for investors on new token offerings. These products, issued by firms such as BlackRock iShares and VanEck, track cryptocurrency prices and trade like ETFs. Upvest provides the API-driven infrastructure for the offering. Mintos CEO Martins Sulte said the ETPs simplify crypto ownership and compliance. This development brings additional crypto price news as institutional-grade access continues to expand.
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