With the Open-End Certificate on Litecoin, Vontobel is further expanding its investment opportunities in crypto currencies for investors in Switzerland and Germany.

Insights , Innovation , Technology 28.06.2019
Reading time: 2 minute(s)

The Litecoin certificate is already the fifth of its kind after Bitcoin, Bitcoin Cash, Ether, and Ripple, which enables simple and transparent participation in a crypto currency.

Litecoin (symbol: Ł or LTC) is a digital currency that enables a peer-to-peer money transfer in real time and almost free of charge. It is a worldwide and decentralized open source payment network and has many similarities to Bitcoin. Compared to its "big brother" Bitcoin, Litecoin offers faster transaction times and improved storage capacity. It is therefore the perfect complement to the most popular crypto currency.

The launch of the next crypto currency certificate in Switzerland and Germany offers interesting opportunities and diversification for investors:

With the Vontobel certificate, investors can participate in the price performance of Litecoin (LTC) without needing access to the Litecoin network or a Litecoin wallet themselves. Accordingly, the risk of losing Litecoin due to hacker attacks, technical problems, improper handling, or failure of the Litecoin depositary does not lie with the investors. As with most certificates offered, however, investors bear the risk of the issuer's default in addition to the price risk of the underlying asset and the currency risk.

"In response to strong client demand for investment opportunities that enable clients to participate in the development of crypto currencies, we have now developed Vontobel's fifth certificate which is based on a crypto currency. We are thus once again underlining Vontobel's innovative strength and our efforts to offer investors in Switzerland and Germany a simple and transparent way to access the crypto universe," said Roger Studer, Head of Vontobel Investment Banking.


Vontobel Investment Banking
Vontobel Investment Banking creates specialized investment solutions for private and institutional clients. We follow a customer-centered digital business model, manage risks carefully, and build compelling service packages to get our clients ahead. We emphasize on truly understanding our clients’ needs. We use our expertise to anticipate trend reversals, risks as well as opportunities, in order to successfully exploit them for you. We only do, what we master and develop solutions we believe in. We take clear decisions and act with determination. We are proud of our specialized offering, which includes structured products, transaction banking, corporate finance, brokerage, as well as solutions for External Investment Advisors, and digital platforms. For our competence in Research, we regularly get awarded. This is how we create added value for you.

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