TechFlow News, March 17: According to a PRNewswire report, Mintos, a European multi-asset investment platform, announced its partnership with Upvest to officially launch regulated cryptocurrency exchange-traded products (ETPs).
The newly launched cryptocurrency ETPs are issued by institutions such as BlackRock iShares and VanEck, track the prices of underlying cryptocurrencies, and trade similarly to ETFs. Upvest provides scalable, API-driven investment infrastructure and core brokerage services for these products; the two parties have previously collaborated on ETF-related business. Martins Sulte, Co-Founder and CEO of Mintos, stated that cryptocurrency ETPs aim to reduce the operational complexity and regulatory hurdles investors face when holding crypto assets directly.
