Apex Group will handle EQONEX’s first exchange-traded product
Apex Group has signed an agreement to provide corporate, administrative and fiduciary services to the Luxembourg platform of digital asset firm EQONEX.
The firm will also provide back-office administrative assistance services reconciling the creation/sale of issued securities activity.
This month, EQONEX launched its first Bitcoin Exchange-Traded Note (ETN) on the Deutsche Börse XETRA Exchange. EQONEX’s physically backed Bitcoin ETN provides investors with direct exposure to Bitcoin through an exchange-traded product.
Cornelia Wallner, Global Head of Capital Markets Sales at Apex Group, said: “This appointment is further evidence of Apex’s forward-looking approach, innovative architecture and full-service model. adaptable, which enables the group to provide corporate, administrative and fiduciary services. to support this dynamic new asset class.
Frank Copplestone, Head of Investment Products at EQONEX, added: “We strive to provide investors with access to investment opportunities in high-quality, regulated digital assets. We are excited to work with Apex to bring our first ETN product to market with more to follow. Apex shares our commitment to excellence, and we were impressed with their expert knowledge and ability to locally deliver a service tailored to our specific needs for this platform.
Earlier this month, Apex was appointed as an asset manager by Foord Asset Management to support the company’s expansion into the Australian market.
The administrator has also won several mandates in recent weeks, including deals with Encore Capital Management, DSG Consumer Partners and Octopus Investments Australia.