Digital asset investment firm CoinShares today announced the addition of two physically-backed ETPs to their growing range of staked ETPs listed on Germany’s main market Xetra.

Both CoinShares Physical Staked Matic (Ticker: CPYG) and CoinShares Physical Staked Cosmos (Ticker: COMS) leverage the company’s proprietary technology platform, Galata, to provide investors with exposure to the underlying cryptocurrency plus an additional yield of 5.0% p.a.

CoinShares Physical Staked Matic

• Management Fee: Reduced to 0.0% p.a.
• Staking Reward: 5.0% p.a.
• ISIN: GB00BNRRB013
• Ticker: CPYG
• WKN: A3GVCY

MATIC is the native token of Polygon; a Proof of Stake blockchain tied to the Ethereum network which offers a suite of scaling solutions to help make Ethereum faster and cheaper while preserving most of the decentralised features and security benefits. Its future scaling solutions range from rollups that bundle and process transactions, to data layers where users can store transaction data cheaply.

CoinShares Physical Staked Cosmos

• Management Fee: Reduced to 0.0% p.a.
• Staking Reward: 5.0% p.a.
• ISIN: GB00BNRRF980
• Ticker: COMS
• WKN: A3GY73

Launched in 2019, Cosmos is the world’s largest ecosystem of interconnected chains. Cosmos is a Proof of Stake network that allows users to create their own blockchains with their easy-to-use software development kit. There are dozens of individual blockchains running with the Cosmos architecture and moving forward, Cosmos can be used to secure many of these chains. In return for securing the services on the Cosmos Hub, transaction fees and staking rewards are distributed to Cosmos stakers.

Frank Spiteri, CoinShares’ Chief Revenue Officer, commented:

“With CoinShares’ Staked ETPs investors are gaining exposure not only to the price of the underlying cryptocurrency, but also the additional yield associated with participating in that blockchain’s security. We are delighted with the positive feedback we’ve received around our staked crypto ETPs so far, and it is our expertise and experience within crypto markets, and crypto foundations which makes innovations like this possible within our products.”