VanEck TRON ETN (VTRX) Listed on Deutsche Börse Stock Exchange
Europe’s largest stock exhange Deutsche Börse lists TRX exchange-traded note, VTRX, Justin Sun, the Founder of Tron announced.
In his recent tweet, Justin Sun, the CEO of TRON Foundation, shared the good news that VanEck TRON ETN (VTRX) will soon be available on Deutsche Börse, the largest stock exchange in Europe.
Earlier, Sun wrote in an open letter that VanEck TRON ETN already received its approval from Deutsche Börse and will debut on September 21, on Xetra. VTRX will also be available in about 14 EU countries and markets like Zurich, Paris, and Amsterdam.
Deutsche Börse holds a good reputation in the crypto exchange industry, and is one of the leaders of digital asset adoption. The successful listing of VTRX on the exchange platform would indicate that TRON not only has a strong crypto ecosystem, but also successful plan to expand its global roadmap.
VanEck is also a respected name in the crypto exchange market. While it is one of the first asset managers to submit a Bitcoin ETF application to the SEC, VanEck launched the first Bitcoin ETNs (VBTC) and then followed by an Ethereum ETN (VETH). TRON (VTRX) next on the list further indicates how the market is recognizing TRX as one of the leading blockchain platforms.
Director of Digital Asset Strategy at VanEck, Gabor Gurbacs, commented:
“We are excited to launch an ETP on TRX on the heels of its growing network usage and user adoption. ETPs provide high-quality market access, transparency, and robust regulatory frameworks to access digital assets, such as TRX.”
TRON also issued a report, titled “TRON Crypto ETFs”, which sheds more light on the TRON ETN listing on Deutsche Börse.
