Today, the first EU exchange-traded products (ETPs) will be available to EU investors to buy and sell XRP and Litecoin. Nordic Growth Market is a Stockholm-based firm owned by Boerse Stuttgart, Germany’s second-largest exchange and will give EU investors access to these digital assets through a regulated exchange.
NGM’s deputy CEO Tommy Fransson said: “This is first and foremost a win for investors, especially those in Sweden who have demonstrated such strong support of prior crypto offerings. As an industry, it is important for us to listen, though with caution, to the requests of our investors and respond in kind.”He added:
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