Virtune Expands Presence on Nasdaq Stockholm with Sui ETP Listing

Virtune AB (Publ), a Swedish digital asset manager, has expanded its presence on Nasdaq Stockholm with the listing of its Virtune Sui ETP. This move marks another milestone for the company, which has been gaining traction in the European market.

The Virtune Sui ETP is a physically-backed exchange-traded product that allows investors to gain exposure to the Sui blockchain without directly holding the underlying cryptocurrency. With a 100% physical backing by SUI, this product offers a secure and cost-effective solution for those looking to participate in the growing ecosystem.

Virtune has been at the forefront of regulated crypto ETPs in Europe, with over $300 million in assets under management and a market share of more than 90% for crypto ETNs on Nasdaq Nordics. The company's CEO, Christopher Kock, emphasized the significance of this listing, stating that it is a testament to Virtune's commitment to providing innovative investment products aligned with the evolving landscape of the global crypto market.