Virtune AB (Publ) is launching Virtune Stellar ETP on Nasdaq Stockholm

Group 1 - Virtune, a regulated digital asset manager based in Sweden, has launched the Virtune Stellar ETP on Nasdaq Stockholm, the largest stock exchange in the Nordic region [1][9] - The Virtune Stellar ETP provides exposure to Stellar (XLM), is 100% physically backed, fully collateralized, and denominated in SEK for the Nordic audience [2][9] - The product is available through brokers and banks, including Avanza and Nordnet, and aims to offer a simple and secure way for investors to gain exposure to the crypto market [2][5] Group 2 - Stellar (XLM) is designed for fast, low-cost international payments, particularly for unbanked populations, and is managed by the non-profit Stellar Development Foundation [4] - The CEO of Virtune, Christopher Kock, emphasized the product's potential to provide financial services in emerging markets where traditional banking is lacking [5] - The ETP has a 1.95% annual management fee, with trading starting on April 28, 2025, under the ticker VIRXLM on Nasdaq Stockholm [9]