ULTUMUS News

APEX selects ULTUMUS COSMOS

Written by Ultumus | Mar 14, 2024 9:00:00 AM

APEX selects ULTUMUS COSMOS Creation/Redemption platform

 

ULTUMUS is delighted to announce the introduction of 3 staked crypto rewards ETPs powered by Figment and Liqwid and launched through the Issuance Swiss AG platform powered by Apex. They will utilise the COSMOS Creation/Redemption platform to manage their complete order flow processes.

 

The Figment ETH plus Staking Rewards ETP, Figment Solana Plus Staking Rewards ETP and the Cardano ADA Staking powered by liqwid ETP all launched this week on the Swiss Stock Exchange. SIX Exchange provide investors more investment opportunities in the field of Staking infrastructure through a proven ETP vehicle.

 

Issuance.swiss AG is a Swiss SPV, incorporated in Zug offering a turn-key solution designed to facilitate the creation and launch of financial products across a wide range of assets onto European Stock exchanges, powered by the technical expertise and regulatory knowledge of a global administration platform for funds and structured products, Apex Group, ensuring security and compliance throughout the process.

 

The COSMOS platform from ULTUMUS offers benefits to the entire ETP ecosystem by providing a standard process for Authorized Participants to send orders through to the ETP Issuers and Fund Administrators. With many key market participants already connected to COSMOS, it offers a swift, streamlined, and proven interaction venue with advanced functionality, which covers the management of product calendars, switch orders, and reporting together with a complete audit trail for all parties.

 

Pavel Izmaylov, Director, Digital Assets, at Apex : “following recent events in the US with BTC ETFs, we are seeing a surge in demand for ETP products from institutional financial organizations and regulated asset managers, as an effective way to open access to digital asset class for their clients. We aim to offer quickest time to market for ETP sponsors and Ultumus has proven to be a solid partner to support operationally our strong growth in this sector, providing highly flexible and dynamic technology solutions to cater to the most diverse strategies in the ETP space from our clients.” ULTUMUS is seeing multiple mandate wins globally in crypto ETPs, due to its strong track record in the ETF and Index space, proven operational resilience and ownership by the SIX Group.COSMOS builds on ULTUMUS’s service, which offers a standardised feed of global multi-asset class ETP/ETF and Index data delivered via market leading technology. It is natural and logical to plug these into order flow and workflow management to complete the operational jigsaw.


ULTUMUS is a pure play ETP specialist owned by SIX Group, the Swiss Exchange.