Leonteq, a Fintech Business is Expanding its Crypto Products Throughout Europe

Leonteq, a Swiss financial firm, has created an investing suite of 18 crypto assets aimed primarily at institutional investors in Germany and Austria.

Following the successful growth of its cryptocurrency service in Switzerland, fintech firm Leonteq has teamed up with ICF Bank, one of Germany’s biggest securities trading banks, to provide bitcoin to institutional investors across Germany and Austria.

The firm is well-known in the Swiss markets for its achievements, which include being the “world’s first short tracker certificate on Bitcoin in 2017” and the “world’s first reverse convertible on Bitcoin in 2019.” It is now poised to make further gains in the growing field.

Following the evolution of a multi-year relationship, Leonteq and ICF Bank have partnered to expand the former’s financial offerings beyond traditional structured assets with the addition of 18 crypto-based assets, including the incomparable Bitcoin (BTC) and Ether (ETH), as well as Cardano (ADA), Aave (AAVE), and XRP, among others.

Following that, Leonteq is said to have the largest crypto offering in the DACH region for both institutional and individual investors (Germany, Austria and Switzerland).

Tino Wendisch, head of Leonteq’s crypto service, commented on the benefits that their customers will have as a result of this news:

“We are proud to offer our clients such a broad underlying universe and unique investment opportunities in various themes within the crypto space such as decentralized finance, storage or blockchain technologies in a securitised format.”

Source: CoinTelegraph

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