The Vienna Stock Exchange Wiener Börse has added bitcoin-based product support. According to the issuer of cryptoderivatives 21Shares AG, exchange products (ETP) based on bitcoin and Ethereum began trading on the exchange on September 1 under the tickers ABTC and AETH, respectively.
Thomas Rainer, head of development at Wiener Börse, said that this will allow local "experienced investors" to benefit from the advantages that the stock market can offer cryptotraders, including "traceable, regulated and transparent trading with real-time information and secure settlements through regulated brokers.
21Shares CEO Hani Raswan said that with a listing on Wiener Börse, bitcoin-ETP is now available in the German, Austrian and Swiss markets.
The Singapore Stock Exchange (SGX) also launched the Bitcoin and Ethernet Price Index in collaboration with CryptoCompare. The tools do not allow for bidding, but can be used by local companies wishing to launch their own products based on a data source. The head of index services at SGX, Simon Karaban, said:
"The world is moving rapidly towards digitalization in wealth creation and accumulation, and digital assets are becoming increasingly common among investors.
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