Amun AG is authorized to offer ETPs to customers in the EU
After regulatory approval, the financial company can now market its products to retail companies
Accordin to a press release issued on December 10, Amun confirmed that it received the approval of a basic prospectus submitted to the Swedish financial regulatory body, the Swedish Financial Supervisory Authority (SFSA), to offer ETPs in its products and services to retail customers in the European Union.
The company’s president, Ophelia Snyder, said: “We recognize that Sweden’s regulatory framework has supported these initiatives and we welcome your deliberation.”
He also added: “The combination of the strong demand for ETPs in Sweden, especially in crypto assets, between private investors and institutional clients and our great experience in these product categories creates the ideal conditions for Amun’s entry into the Swedish and international markets. European Union for ETPs.”
Amun has played a crucial role in expanding its own crypto offer in Switzerland, both nationally and internationally. To prove this, there is an ETP dedicated to the internal cryptocurrency of the Binance cryptoexchange, known as Binance Coin (BNB) that was launched in the Swiss Stock Exchange, or SIX, last October.
According to the projections, the company only plans to increase the number of ETPs offered, stating that it is committed to maintaining the highest standards of professionalism and hopes to continue a productive and collaborative relationship with new and existing partners in Sweden and in the rest of the European Union.
K.Villarroel
Source: thebtctimes
