USDY

USDY

21Shares USD Yield ETP

Potentially Attractive Income from the Crypto Lending Ecosystem

Product Documents
Data as of June 27, 2022

Description

The 21Shares USD Yield ETP provides exposure to USD while using the collateral (USDC) to seek to generate income from the digital asset lending ecosystem via a fully collateralized ETP structure.

Objective

This ETP serves as a simplified vehicle to access the attractive income in the digital asset lending space. The lending agreements with borrowers are executed through institutional grade lending partners. Loans are overcollateralized and monitored daily to protect the interest of shareholders.

Securitization

Securitization

21Shares ETP is accessible like stocks on a major exchange with no special set up needed.

Simplicity

Simplicity

Performance directly linked to USD with potential additional returns from fully collateralized loans.

Collateralization

Collateralization

Underlying crypto assets are used to generate additional income for investors through fully collateralized loans.

Safety

Safety

Institutional grade security and custody solution using a variety of safety measures including cold-storage, multiple private keys, whitelisting and audit trails.

Trading Information
ExchangeLocal TickerCurrency
SIX Swiss ExchangeUSDY SE
USD
Underlying Assets
CryptocurrencyWeightingQuantity per ETPReference Price
USD Coin100.00%20.07171861 ($20.07)$1.00
  • SIX Swiss Exchange

Elegantly crafted in Switzerland

The material contained on this website is for informational purposes only and 21Shares AG, and its affiliates, is not soliciting any action based upon such material. The material is not to be construed as an offer or a recommendation to buy or sell a security nor is it to be construed as investment advice. Additionally, the material accessible through this website does not constitute a representation that the investments described herein are suitable or appropriate for any person. Past performance is not an indication of any future performance. For the complete terms and condition, as well as the privacy policy, please see English version. In case of discrepancy, the English version shall prevail.

1) https://cointelegraph.com/news/bitcoin-is-worlds-best-performing-asset-class-over-past-10-years-says-pompliano

1) Annualized projected yield post management fee.

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