BX Swiss AG
BX Swiss welcomes SEBA Bank as new ETP issuer

BX Swiss is expanding its segment for listed ETPs and welcomes SEBA Bank as a new ETP issuer. At the same time, BX Swiss offers a tracker certificate on the SEBA Metaverse Index for trading.

With the new ETP from SEBA Bank (tracker certificate on the SEBA Metaverse Index) 52 ETPs from 13 issuers are already tradable daily on BX Swiss from 9.00 am to 5.30 pm.

The ETP (ticker: SMETA) is a tracker certificate on the SEBA Metaverse Index, which focuses on crypto assets from the gaming, entertainment and social interaction sectors in the virtual world. The product is fully collateralized and 100% physically backed. This investment option allows active investors to participate in the development of the Metaverse.

SEBA Bank is one of the first crypto banks in Switzerland. Founded in 2018, the FinTech with a Swiss banking license focuses on digital assets and cryptocurrencies.

«With SEBA Bank, we were able to gain the third new ETP issuer this year. With the SEBA Metaverse Index, the investment universe on BX Swiss now extends to over two dozen different cryptocurrencies. This means that the most important cryptocurrencies are now all investable via a regulated exchange in Switzerland», says Matthias Müller, Head of Markets & Services der BX Swiss AG.

Gregory Mall, Head Investment Solutions SEBA Bank adds: «The Metaverse is the next generation of the Internet. It is a 3D virtual world where users can interact with their environment and other Metaverse users. Aside from its enormous entertainment potential, the Metaverse is expected to create its own ecosystem of commercial avatars and opens up incredible investment opportunities. The SEBA Metaverse Index provides exposure to digital assets designed to capture the accelerating trends of gaming, entertainment and social interactions into virtual environments. SMETA's constituents include tokens with exposure to the Metaverse, selected based on their market capitalization and liquidity.»