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Mintos Partners with Upvest to Launch Regulated Cryptocurrency ETP
Deep Tide TechFlow News, March 17, according to PRNewswire, European multi-asset investment platform Mintos announced a partnership with Upvest to officially launch a regulated cryptocurrency Exchange-Traded Product (ETP).
The newly launched cryptocurrency ETP is issued by institutions such as BlackRock iShares and VanEck, tracking the prices of underlying cryptocurrencies, with trading methods similar to ETFs. Upvest provides scalable API-driven investment infrastructure and core brokerage services for the product, and the two parties have previously collaborated on ETF business. Mintos co-founder and CEO Martins Sulte stated that the cryptocurrency ETP aims to reduce the operational complexity and compliance barriers faced by investors holding cryptocurrencies directly.