- With the debut of AINJ, 21Shares gave members access to significant exchange staking incentives and INJ exposure.
- 21Shares supports AINJ’s legitimacy with important crypto collaborations and $3 billion+ in managed funds.
21 Parts With exposure to INJ on well-known financial platforms, AINJ ETP makes it possible to stake for rewards. It is effective and easily obtainable because it is supported by INJ in cold storage.
The Injective Staking Exchange-Traded Product (AINJ), recently introduced by 21Shares, enables users to stake their INJ to receive staking incentives while gaining exposure to INJ on some of the biggest traditional finance exchange venues and brokerages.
21Shares AINJ ETP’s Launch
With a number of years of experience in the field, 21Shares has collaborated with top cryptocurrency projects and has been a pillar in the closely watched endeavor to introduce the first Bitcoin ETF alongside Cathie Wood’s Ark Invest. The fact that 21Shares has over $3 billion in assets under management for this offering attests to its caliber and dependability.
An important step toward institutional adoption is the launch of AINJ. It creates new opportunities for high-ranking players in Injective and has transparent offerings and enforceable regulations.
A few of the top traditional finance exchanges and brokerages, like Interactive Brokers, Saxo Bank, Swissquote, and eToro, are beginning to embrace the regulated and transparent product, which makes institutional involvement quite simple.
The Innovation and Significance of AINJ ETP
Since there aren’t many cryptocurrency assets linked to ETPs worldwide, AINJ’s launch highlights the innovation and significance of this concept. It now becomes a component of a select group of products that give institutional and private users access to the world of digital assets.
The release states that the AINJ ETP is kept in cold storage by an institutional-grade custodian and is fully supported by the underlying INJ. Direct exposure to the asset is made possible by this arrangement, which lowers operating expenses.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
