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FTX and CoinShares launch physical staked Solana ETP -Breaking

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CoinShares, Europe’s biggest crypto investment firm, has teamed up with FTX to start a physically-backed exchange.SOLExchange-traded Product (ETP).

CoinShares has officially launched a new product, CoinShares FTX, Physical Staked Solana. It comes with 1 million SOL of seed capital. Investors can get 3% in staking reward. AnnouncementOn Wednesday. This new ETP cryptocurrency is the first joint initiative of CoinShares and FTX.