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Hashdex approved by SIX Swiss Exchange to list ETPs in Switzerland

25 Apr 2022 : 12:37
2 min read
  • Hashdex has been authorized by the SIX Swiss Exchange to issue ETPs in Switzerland
  • The firm is also hiring talent from London, Zurich, Paris, and Lisbon as part of its expansion policy
  • Laurent Kssis, a crypto ETP and ETF leader, joined the firm as Managing Director and Head of Europe

Hashdex, a global crypto-focused asset manager, which currently boasts more than 250,000 clients and nearly a billion dollars in assets under management (AUM), has confirmed approval from the SIX Swiss Exchange to list ETPs or exchange-traded products which will be focused on cryptocurrencies. 

Hashdex becomes an ETF issuer in Switzerland

As per the official¬†announcement, Hashdex is now allowed to issue ETPs to customers in Switzerland following the approval. After maintaining a strong presence in Brazil, the expansion into Switzerland will “accelerate the company’s international reach through innovative, regulated, institutional-grade products and services that build a pathway to connect Swiss and European investors to the crypto economy.”

Hashdex was founded in 2018 with the vision of offering simple, secure, and diversified exposure through baskets of crypto assets that address various sectors in this exciting space,” said Hashdex co-founder and CEO Marcelo Sampaio. “Our approach to crypto asset management has enabled us to become the largest global crypto asset manager in Latin America in just a few years.”

Bruno Sousa, Head of Global Expansion of Hashdex, commented on this development and said that soon, the firm plans to expand deeper into the heart of Europe. “Switzerland offers a legal framework conducive to crypto assets and is a crucial step in our global development,” Sousa added.¬†

Hiring talent

Laurent Kssis, a crypto ETP and ETF leader, recently joined the firm as Managing Director and Head of Europe at Hashdex. He will be responsible for the expansion of the investment management firm in Europe as the firm continues to hire talent from London, Zurich, Paris, and Lisbon as part of its expansion policy.

In this context, it is also important to note that in early 2021, the firm developed its flagship product with Nasdaq and introduced the Hashdex Nasdaq Crypto Index ETF (HASH11). It is also debuted the world’s first ETF focused on decentralized finance (DEFI11) and also a smart contract ETF (WEB311).


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