German Bank Comdirect Now Offers 11 Cryptocurrency ETPs in Savings them Plan

German bank Comdirect currently offers 11 cryptocurrency exchange-traded products, with around three million clients (ETPs). "Comdirect successfully linked cryptoinvestment investments into pension plans, which was sought for by our customers for a time," says the bank.

German Bank Crypto ETPs offered to customers

Currency exchange-traded products (ETPs) of 9 shares (21 shares AG) is being offered by German Direct Banking. In Germany the bank offers internet brokering, banking and consulting services.

21shares explained the announcement that their exclusive relationship with Comdirect took effect on Tuesday:


21 shares were the exclusive source of physically supported crypto ETPs for the Online Saving Plan Program of the Online Broker in this innovative collaboration (Spar plan).


The statement notes that 11 ETPs presently exist in Germany and are now offered at zero fees on the Comdirect platform. ETPs provide bitcoin, ethereum, XRP, bitcoin cash, polkadot, stellar, cardano, solana, and more investments.

Hany Rashwan, CEO of 21 shares, stated that his business had been 'the first crypto issuer listed in 2019 on major German exchanges with completely collateralized, 100% physically backed Bitcoin ETp.' It is also "the only publisher who admits four ETP cryptographics alone on Xetra." He added: "The first physically supported ETP cryptography in worldwide for the SIX Swiss Exchange in 2018,"

We are really pleased to provide the Comdirect option that was not accessible for any crypto-packaged items up until now to German customers who desire to include bitcoin and other crypto-assets to their cost-saving plan.


René Louis Delrieux, Product Manager of Comdirect and Crypto Savings Planner, said that "Investors are now capable of 21 shares using Crypto ETPs, in accordance with the demands of our demanding customers and ensuring market share. This supplementary service provides flexibility for instant usage." She expressed her views:

Comdirect has managed, together with our partner 21 shares, to bridge crypto-investment substantially to retiring plans, as our customers have yearned for.

 

Tag :

In this innovative partnership, 21shares was retained as the sole provider of physically-backed crypto ETPs to the online broker's savings plan ...
The comdirect bank which is the third-largest bank in Germany is adding 11 crypto ETPs to its savings plan offer. The bank's nearly three ...
Comdirect Produkt Manager and Crypto saving plan Initiator, ... investors are now able to use crypto ETPs by 21Shares which fits the ...
Eleven of 21Shares's ETP offerings currently listed in Germany are ... savings plan a compelling option to do so, thanks to comdirect.

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