ALGO
100% physically backed, the 21Shares Algorand ETP (ALGO) tracks the performance of Algo tokens. With its superior transaction speeds, Algorand is well-suited to support a wide range of use cases. It is also the only blockchain to achieve and maintain carbon-negativity since 2021. The 21Shares Algorand ETP provides investors with a regulated vehicle for simple and transparent participation in the growth of the Algorand network.
Overview
Description
100% physically backed, the 21Shares Algorand ETP (ALGO) tracks the performance of Algo tokens. With its superior transaction speeds, Algorand is well-suited to support a wide range of use cases. It is also the only blockchain to achieve and maintain carbon-negativity since 2021. The 21Shares Algorand ETP provides investors with a regulated vehicle for simple and transparent participation in the growth of the Algorand network.
Disclaimer
Benefits
Fast transactions, low fees
Algorand leverages a mechanism that prioritizes fast transaction speeds at low fees. The network is designed to deliver a frictionless user experience similar to Web2. This focus on ease strengthens its growth potential as the ecosystem looks to onboard the next generation of blockchain users.
Easy and familiar
Adding crypto to your portfolio doesn’t need to be complicated. Invest with your existing advisor or brokerage platform and keep your assets in one place.
100% physically backed
The 21Shares Algorand ETP is 100% physically backed by the underlying Algo tokens and kept in cold storage by an institutional-grade custodian, offering greater protection than custody options available to individual investors.
Climate protection
21Shares has engaged in effective climate protection since 2021. Our contributions support climate protection projects that include cleaner power generation and reforestation efforts, all designed to protect our planet for future generations.
Documents
Key Information
Ticker Symbols
Performance
Market data provided by Alpha Vantage and CryptoCompare. Not investment advice, for informational purposes only. Historical performance is not an indication of future performance.
Cumulative%
Additional Information
Trading
Service Providers
How to invest: A step by step guide
Why 21Shares
Innovative Products
Unlock the future of investment with the world's first and largest range of crypto ETPs, enhancing the security and accessibility of digital asset investment.
Trusted Expertise
Invest with confidence as you explore the crypto space with our team of blockchain and financial industry experts, providing valuable market insights and ensuring compliance throughout your investment journey.
Unmatched Accessibility
Experience broad access to the crypto markets through our extensive product range, offering seamless trading on global exchanges and brokers.
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