CoinShares Physical Algorand Staked ETP
A 100% physically-backed, zero-fee ETP providing secure and transparent exposure to the Algorand network’s native asset, ALGO, plus additional staking rewards of 2.00% p.a.
Best-in-class
Algorand ETP
As convenient as it gets
With CoinShares Physical Algorand Staked ETP, access Algorand exposure right through your favourite investment platform. Keep all your investments in one place.
Explore where to buy100% physical
CoinShares Algorand Staked ETP is 100% physically backed by Algorand. For each investment in Algorand, the very same amount is bought in ALGO and stored on an institutional-grade custodian, Komainu.
Learn more about Physical ETP0% management fees and additional staking rewards
A first in the crypto ETP industry. CoinShares' Staked ETPs are built to allow the Issuer to share staking rewards with investors. Management fees are also reduced to 0%p.a.
Learn more about stakingFully transparent
CoinShares Physical Staked ETPs' reserves, verified by The Network Firm, are publicly available. This proof of reserves ensures products are always backed by the appropriate amount of underlying digital asset(s).
Check CoinShares ETPs holdings in real-timeProduct ID
- Product name
- Ticker
- ISIN
Key Information
Documents Available
- Factsheet
- KID
- Prospectus
- Final terms
CoinShares Physical Algorand Performance
Trading Information
- GermanyGYEURRAND GY EquityGB00BNRRF105A3GY742022-07-14
Structure
Key service providers
Legal & tax
Domicile | Jersey |
legalStructure | Debt Security (ETP) |
replicationMethod | Physical |
People Also Ask
FAQWhat makes Algorand special?
Algorand is known for its innovative consensus mechanism, which ensures decentralisation, scalability, and security. It aims to address key challenges faced by traditional blockchains, such as scalability limitations and high transaction costs.
Algorand guideHow secure is Algorand?
Algorand employs a consensus mechanism based on cryptographic principles, which tries to enhance security and prevent centralization. However, like any blockchain project, it's essential to stay informed about potential vulnerabilities and security best practices.
What problem does Algorand solve?
Algorand addresses scalability, security, and decentralisation issues commonly associated with traditional blockchain platforms. Its consensus mechanism and architecture try to enable fast and cost-effective transactions while maintaining decentralisation.