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21Shares launches physically backed ETPs for Lighter (LIT) and Venice Token (VVV) in Europe

PANews October 20 news: According to an official announcement by 21Shares, the company has launched the Lighter (LIT) ETP and the Venice Token (VVV) ETP in Europe. Both products are backed by physical tokens and have a fee rate of 2.50%. The Lighter ETP has the ticker LIHT and is listed on the German exchange Xetra, supporting trading in euros and U.S. dollars; the Venice Token ETP has the ticker VENC and is listed on the Swiss Exchange SIX, trading in U.S. dollars.

Lighter is a decentralized perpetual contract trading platform using zero-knowledge technology, while Venice is a privacy-focused AI platform. Investors can hold the relevant ETPs through ordinary securities accounts without needing to purchase, custody tokens, or manage private keys themselves.

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