Trading in crypto-bonds based on and following the prices of Bitcoin and Ethereum started today on the Bulgarian Stock Exchange (BSE). Investors looking for suitable innovative products are now free to invest in eight cryptocurrencies traded on the stock exchange (ETNs), offering for the first time in Bulgaria an alternative to traditional cryptocurrencies. With this move, the BSE followed in the footsteps of leading European stock exchanges, such as Deutsche Borse and Euronext, which began trading two years ago.
“With BSE International’s new products, we are responding to the growing market interest in crypto-bonds. We are now pleased to offer an alternative to cryptocurrency trading, making the process easier and simpler for all interested investors. With its ETNs “Investors at BSE International are not committed to creating a cryptocurrency wallet register, and they receive assurances that the instruments they choose are systematically regulated and comply with regulations,” said Maniou Moravenov, executive director of the Bulgarian Stock Exchange (BSE).
With the introduction of the new crypto-bonds (ETNs), BSE continues its long-standing partnership with Deutsche Borse and the trading company Tradegate AG, thus ensuring the liquidity of the media. Innovative products are traded in euros during the regular meeting.
SOURCE: ΑΠΕ-ΜΠΕ
Source: Capital
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