Amun partners with Sygnum on blockchain protocol ETP

Dec 5th, 2019 | By | Category: Alternatives / Multi-Asset

FACTOR INVESTING - THURSDAY 14TH JULY 2022 (08:15-11:30) - THE BERKELEY, LONDON Please join us for our annual factor investing breakfast briefing with participation from MSCI, FlexShares ETFs, Tabula and Professor Stefan Zohren, Deputy Director of the Oxford-Man Institute of Quantitative Finance. Please register now if you would like to attend.


Amun has partnered with digital asset bank Sygnum to launch the Amun Sygnum Platform Winners Index ETP (MOON SW) on SIX Swiss Exchange.

Hany Rashwan, CEO of Amun

Hany Rashwan, CEO of Amun.

The ETP provides access to a portfolio of crypto assets that are considered to be foundational protocols for the blockchain and the potential building blocks of the future digital asset economy.

It is linked to the Amun Sygnum Platform Winners Index which is maintained by MV Index Solutions.

The index selects its constituents from a universe of the largest native crypto assets of original protocols only.

Crypto assets are not eligible if they represent second layer applications, are derived from or pegged to another asset, are without economic incentives for the long-term maintenance of the platform, or contain any forks or copies.

Remaining constituents are ranked according to an equally weighted multi-factor score based on four factors: market capitalization, trading volume, public influence (based on social media interest and website traffic), and developer commitment (based on Github activity and developer headcount).

The top ten eligible digital assets are selected and weighted according to their multi-factor scores. Currently, the index consists of just six eligible digital assets: Bitcoin (64.8%), Ether (22.4%), NEO (4.8%), EOS (3.4%), Binance Coin (2.5%), and Cardano (2.1%).

The ETP is physically backed using institutional-grade custody.

Hany Rashwan, Co-Founder and CEO, Amun, commented, “Our mandate is clear; to pioneer and deliver innovative and convenient digital asset indices via ETPs. This partnership with Sygnum further demonstrates our commitment to supporting the digital asset industry in these dynamic and exciting times. We are thrilled to be working with the first digital asset bank and our collaboration with Sygnum in delivering this unique risk-managed vehicle in a regulated framework.”

The ETP comes with an expense ratio of 2.50%.

Tags: , , , , ,

Leave a Comment