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21Shares Algorand ETP
The 21Shares Algorand ETP (Ticker: ALGO) seeks to track the investment results of Algorand.
ALGO is designed to give investors the easiest and safest way to invest in Algorand, the secure, scalable and decentralized platform that supports smart contract functionality.
21Shares ETP is accessible like stocks on a major exchange with no special set up needed.
Plain vanilla structure with performance directly linked to Algorand without leverage.
21Shares holds the underlying crypto assets in cold storage equal to 100% of the value of the notes at all times.
Institutional grade security and custody solution using a variety of safety measures including cold-storage, multiple private keys, whitelisting and audit trails.