September 26, 2021 – Singapore, Singapore
TRON has announced that VanEck Vectors TRON ETN (VTRX) will be listed on the Euronext exchanges in Paris and Amsterdam, following its listing on Deutsche Börse, Europe’s largest stock exchange on Monday.
This is yet another milestone in TRON’s global push toward becoming an all-inclusive global settlement layer that powers the next generation of cross-border payment systems.
VanEck was among the first asset managers to submit a Bitcoin ETF application to the SEC. It has since launched one of the world’s first Bitcoin ETNs (VBTC) in 2020, followed by an Ethereum ETN (VETH) in 2021. The launch of TRON ETN opens up the future market of cryptocurrencies for European investors.
Justin Sun, founder of TRON, said,
”Working with industry leaders such as VanEck to make TRON accessible to all is part of our global vision. We are excited to have TRON ETN listed on the Euronext stock exchanges in Paris and Amsterdam, following its listing on Deutsche Börse.”
Martijn Rozemuller, CEO of VanEck Europe, said,
“We are very pleased that with these listings on the Euronext stock exchanges in Paris and Amsterdam we can make our crypto strategies easily accessible to French and Dutch investors.”
Since its inception in 2018, TRON has blossomed into one of the largest open blockchain platforms.
It is at the forefront of industry adoption of popular smart contracts such as DeFi, NFT, stablecoin, distributed storage protocol and more.
TRON enjoys a global audience with over 54 million in total user accounts.
It is home to the largest stablecoin circulation (USDT), with more than 50% of the global market share and over $50 billion in on-chain crypto assets.
In addition, it ranks top three globally in terms of total value locked in DeFi (TVL), with more than $11 billion at present.
VanEck has been driven by innovation and stood for intelligent, prescient investment strategies ever since its founding in 1955.
As an asset manager, it currently manages some 83 billion US dollars worldwide as of August 31, 2021, including exchange-traded funds (ETF), active funds and institutional accounts.
With over 90 ETFs around the world, the investment firm offers a comprehensive portfolio covering numerous sectors, asset classes and smart beta strategies.
VanEck was one of the first asset managers to offer investors access to global markets. It has consistently aimed at identifying new trends and asset classes, such as gold investments in 1968, emerging markets in 1993 and ETFs in 2006, an approach that is still shaping the entire investment sector today.
Headquartered in New York City, VanEck maintains locations around the globe, including offices in Frankfurt, Madrid, Zurich, Amsterdam, Sydney and Shanghai.
For more information about VanEck and the fund, visit their website.
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