21Shares launches physically backed Lighter (LIT) and Venice Token (VVV) ETPs in Europe

On October 20, according to an official announcement from 21Shares, the company has launched the Lighter (LIT) ETP and the Venice Token (VVV) ETP in Europe. Both products are backed by physical tokens and carry a fee of 2.50%. The Lighter ETP trades under the ticker LIHT on the German exchange Xetra, supporting trading in euros and US dollars; the Venice Token ETP trades under the ticker VENC on the SIX Swiss Exchange, trading in US dollars.

Lighter is a decentralized perpetual contract trading platform using zero-knowledge technology, while Venice is a privacy-focused AI platform. Investors can hold the relevant ETPs through ordinary securities accounts without having to buy or custody tokens themselves or manage private keys.