Virtune AB (Publ) is launching Virtune Staked NEAR ETP on Nasdaq Stockholm

Core Insights - Virtune, a regulated digital asset manager based in Sweden, has launched a new crypto ETP called Virtune Staked NEAR ETP on Nasdaq Stockholm, aimed at providing innovative investment opportunities in the Nordic market [1][4]. Company Overview - Virtune is a regulated Swedish digital asset manager and issuer of crypto exchange-traded products on regulated European exchanges, focusing on empowering global investors with innovative investment products [5]. - The company emphasizes regulatory compliance and strategic collaborations with industry leaders to adapt to the evolving global crypto market [5]. Product Details - The Virtune Staked NEAR ETP offers 1:1 exposure to NEAR along with an additional annual return of 4% through staking, making it an attractive option for both institutional and retail investors [2][6]. - The ETP is 100% physically backed by NEAR and has an annual management fee of 1.49% [6]. - It is denominated in SEK and available for trading on platforms such as Avanza, Nordnet, SAVR, and Montrose [2][6]. NEAR Protocol Insights - NEAR Protocol is a blockchain platform designed for high-speed, low-cost transactions and scalable decentralized applications (dApps), with a focus on AI-powered solutions [3]. - The platform aims to make blockchain technology accessible for everyday use while fostering innovation in AI integration [3]. Market Positioning - The launch of the Virtune Staked NEAR ETP is positioned as a response to the demand from investors seeking secure and straightforward methods to gain exposure to NEAR combined with staking [4].