Deals & Cases
MLL acted as legal advisor to VanEck in the listing of two new VanEck Vectors Exchange Traded Products (ETP) on SIX Swiss Exchange
MLL is proud to have accompanied VanEck ETP AG in the multicurrency listing of the VanEck Vectors Avalanche ETN (Ticker: VAVA) and the VanEck Vectors Polygon ETN (Ticker: VPOL) on the SIX Swiss Exchange. The new products are trading on SIX since 16 December 2021. With these two new ETP’s, VanEck has listed a total of six ETPs on SIX during 2021.
The two new VanEck ETP’s provide investors with exposure to the price of Avalanche and Polygon without having to buy the crypto currencies themselves whilst the ETP’s are fully collateralised by the underlying cryptocurrencies stored in cold storage at a regulated crypto custodian. The New York-based investment management firm VanEck has a history of looking beyond the financial markets to identify trends. They were one of the first asset managers to offer investors access to gold investing in 1968, emerging markets in 1993, and Exchange Traded Funds in 2006.
MLL partner Mark Montanari (capital markets) advised VanEck ETP AG with respect to the entire listing process of the new products on SIX.