Hashdex receives European base prospectus approval in record time
Hashdex AG has announced that the firm has received permission to list its ETPs in the European Union following the approval of its European Base Prospectus filed with the Swedish Financial Supervisory Authority (SFSA) earlier in May.
The firm writes that this latest development further advances Hashdex’s ongoing expansion in Europe, following the May 2022 launch of its first European product, the Hashdex Nasdaq Crypto Index Europe ETP (SIX: HASH SW) on the Six Swiss Exchange, which has seen ‘relevant net inflows since its listing despite challenging market conditions’.
The firm writes that the approval is a major step in Hashdex’s ongoing efforts to expand its product suite of digital-asset strategies and offer them to investors in the European Union, with Hashdex securing passporting rights to all EU countries alongside the European Base Prospectus approval.
“Receiving approval to list in the European Union in only three months is a testament to the tireless efforts of our talented team as we expand our suite of products that serve the needs of European investors,” says Head of New Markets Bruno Sousa. “We are focused on building on the recent successful launch of the Hashdex Nasdaq Crypto Index Europe ETP in Switzerland, and we look forward to continuing to make strong strides in positioning Hashdex as the leading European crypto issuer with the ability to deploy innovative, diversified strategies using our proven ETP structure.”
Hashdex is working closely with the relevant services providers, including exchanges, to list its family of ETPs in the European Union and ensure that they are readily available to investors in their local markets and through local platforms.