Vontobel launches a certificate on Ripple for investors who wish to participate in Ripple simply and transparently

Insights, Technology
06.06.2019 Temps de lecture: 2 minute(s)

After Bitcoin, Bitcoin Cash and Ether, Vontobel is further expanding its investment opportunities in crypto currencies for investors in Switzerland and Germany with the Open-End certificate on Ripple.

Like Bitcoin, Ripple (XRP) is based on blockchain technology. Unlike Bitcoin, however, Ripple is not a pure crypto currency, but a payment token - the currency - within the Ripple network. With a current market capitalization of over USD 17 billion, Ripple is the third largest crypto currency in terms of market capitalization after Bitcoin and Ether. The vision of Ripple's founders is to connect the world's financial systems, make payment transactions more cost-effective and faster, and enable the secure transfer of assets in real time.

Vontobel launches the first Open-End Certificate on Ripple in Switzerland and Germany. The newly issued Ripple certificate is an interesting alternative to a direct investment in the crypto currency and offers investors some important advantages:

With the Vontobel certificate, investors participate in the price performance of the ripple (XRP) without having to have access to the ripple network or a ripple wallet themselves. These processes and services are provided by Vontobel as the issuer of the certificate. The participation certificate is also tradable on the stock exchanges, i.e. investors can make use of trading hours, market making quality requirements, liquidity and settlement of regulated exchanges. However, investors must take into account the issuer's default risk and the market risk (price risk) of the underlying asset in USD. There is no currency hedging against the US dollar.

Following the successful launch of the first Bitcoin, Bitcoin Cash and Ether certificates as well as mini futures on Bitcoin in Switzerland and Germany, the launch of the Ripple certificate is another milestone.

"With the launch of the certificate on Ripple, Vontobel is further expanding its range of products based on crypto currencies, once again demonstrating its technological leadership and innovative strength. We are thus offering investors in Switzerland and Germany attractive diversification opportunities," 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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