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Binance

BNB, Binance native utility token will serve as the underlying asset in a new exchange-traded product (ETP).

ABNB wraps the BNB utility token into a traditional financial structure. In addition, making it more accessible to institutional and retail markets as a whole.

BNB ETP is now on the SIX Swiss Exchange. In other words, traders and investors can add expose themselves to BNB by using traditional brokerage firms.

Exchange-traded products (ETPs) are types of securities that track underlying securities, an index, or other financial instruments. ETPs trade on exchanges similar to stocks meaning their prices can fluctuate from day-to-day and intraday.

Binance pushing for real adoption

As always Binance is the leader on pushing the adoption of cryptocurrencies through the multiple use cases that the BNB token holds.

What do you think about Binance ETP? Comment and let us know your opinion!

Register on Binance and start trading cryptocurrencies HERE

For more information: https://www.binance.com/en/blog/390697438246342656/World-First-Amun-and-Binance-Launch-first-BNB-ETP-on-Swiss-Stock-Exchange-Ticker-ABNB

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