Virtune announces its collaboration with Polkadot, aimed at achieving extensive visibility and awareness of its Virtune Staked Polkadot ETP in the Nordics
This product includes secure and efficient staking directly from cold-storage with Virtune’s custodian Coinbase, with staking rewards providing 4% annual yield continuously being added to the ETP which is reflected in the daily price of the ETP.1:1 exposure: Easy and secure 1:1 exposure to PolkadotPassive Income: Earn staking rewards from the included staking without any efforts requiredSecurity: Non-custodial staking from cold-storage, the DOT tokens are never sent to any third partyLiquidity: The product can be traded freely without lock-up periodsPhysical backing: Fully backed by DOT stored securely with Virtune’s custodian CoinbaseRegulated and accessible: Traded on a regulated market in the form of Nasdaq Stockholm as straightforwardly as trading a stock and can be held in ISK or capital insurance accounts for tax benefits About stakingStaking is the process of actively participating in transaction validation on a blockchain that uses a proof-of-stake (PoS) consensus mechanism.
This campaign will include educational content, as well as outdoor and digital advertising, and events aimed at educating about Polkadot's fundamentals and the opportunities it presents, particularly how investments can be made into Polkadot’s native token DOT combined with staking rewards via a regulated exchange-traded product.
Stockholm, October 16th, 2024 - Virtune, a Swedish regulated digital asset manager and issuer of crypto exchange-traded products (ETPs), is announcing a collaboration with the Polkadot Network, funded through the Polkadot OpenGov Decentralized Treasury.
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