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VanEck lists TRON ETN on Euronext Paris and Amsterdam

Singapore, Singapore, 26th September, 2021,

TRON has announced that VanEck Vectors TRON ETN (VTRX) will be listed on the Euronext exchanges in Paris and Amsterdam, following its listing on Deutsche Börse, Europe’s largest stock exchange on Monday. This is yet another milestone in TRON’s global push towards becoming an all-inclusive global settlement layer that powers the next generation of cross-border payment systems.

VanEck was among the first asset managers to submit a Bitcoin ETF application to the SEC. It has since launched one of the world’s first Bitcoin ETNs (VBTC) in 2020, followed by an Ethereum ETN (VETH) in 2021. The launch of TRON ETN opens up the future market of cryptocurrencies for European investors. 

”Working with industry leaders such as VanEck to make TRON accessible to all is part of our global vision,” said Justin Sun, Founder of TRON. “We are excited to have TRON ETN listed on the Euronext stock exchanges in Paris and Amsterdam, following its listing on Deutsche Börse.”

“We are very pleased that with these listings on the Euronext stock exchanges in Paris and Amsterdam, we can make our crypto strategies easily accessible to French and Dutch investors,” says Martijn Rozemuller, CEO at VanEck Europe. 

VanEck Vectors TRON ETN

Index name

MVIS CryptoCompare TRON VWAP Close Index

ISIN

DE000A3GSUE1

Tickers Euronext Paris/Amsterdam

VTRX

Issuer

VanEck ETP AG

Market maker

Flow Traders B.V.

Authorized participants

Flow Traders B.V.

Jane Street Financial Ltd.

Company headquarters

Liechtenstein

Listing currency

EUR

Base currency

USD

Index provider

MV Index Solutions

Product structure

Physically replicating

Total expense ratio (TER)

1.50%

Appropriation of earnings

Re-invested income

About TRON:

Since its inception in 2018, TRON network has blossomed into one of the largest open blockchain platforms. It is at the forefront of industry adoption of popular smart contracts such as DeFi, NFT, stablecoin, distributed storage protocol, etc. TRON enjoys a global audience with over 54 million in total user accounts. It is home to the largest stablecoin circulation (USDT) with more than 50% of the global market share and over $50 billion in on-chain crypto assets. In addition, it ranks top-three globally in terms of total value locked in DeFi (TVL) with more than $11 billion at present.

About VanEck:

VanEck has been driven by innovation and stood for intelligent, prescient investment strategies ever since its founding in 1955. As an asset manager, it currently manages some 83 billion U.S. dollars* worldwide, including exchange-traded funds (ETF), active funds and institutional accounts.

With over 90 ETFs around the world, the investment firm offers a comprehensive portfolio covering numerous sectors, asset classes and smart beta strategies. VanEck was one of the first asset managers to offer investors access to global markets. It has consistently aimed at identifying new trends and asset classes, such as gold investments in 1968, emerging markets in 1993 and ETFs in 2006, an approach that is still shaping the entire investment sector today.

Headquartered in New York City, VanEck maintains locations around the globe, including offices in Frankfurt, Madrid, Zurich, Amsterdam, Sydney and Shanghai.

*As of 31 August 2021

For more information about VanEck and the fund, go to www.vaneck.com.

Important Disclosures

This press release is for information and advertising purposes.

This information originates from VanEck (Europe) GmbH, Kreuznacher Strasse 30, 60486 Frankfurt am Main. It is intended only to provide general and preliminary information to investors and shall not be construed as investment, legal or tax advice. VanEck (Europe) GmbH and its associated and affiliated companies (together “VanEck”) assume no liability with regards to any investment, divestment or retention decision taken by the investor on the basis of this information. Views and opinions expressed are current as of the date of this information and are subject to change with market conditions. Certain statements contained herein may constitute projections, forecasts and other forward looking statements, which do not reflect actual results. VanEck makes no representation or warranty, express or implied regarding the advisability of investing in securities or digital assets generally or in the product mentioned in this information (the “Product”) or the ability of the underlying Index to track the performance of the relevant digital assets market.

The underlying Index is the exclusive property of MV Index Solutions GmbH, which has contracted with CryptoCompare Data Limited to maintain and calculate the Index. CryptoCompare Data Limited uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards the MV Index Solutions GmbH, CryptoCompare Data Limited has no obligation to point out errors in the Index to third parties.

Investing is subject to risk, including the possible loss of principal up to the entire invested amount. You must read the prospectus and KID before investing. The Prospectus is available at www.vaneck.com

No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of VanEck.

Investments into the Product bear the risk of loss up to the total loss.

© VanEck (Europe) GmbH

For more information about VanEck’s Digital Assets Strategies, go to https://www.vaneck.com/ucits/digital-assets

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