21Shares partners with German brokerage to offer crypto ETPs for savings accounts

Cointelegraph

Published Jul 13, 2021 05:05PM ET

Updated Jul 13, 2021 06:40PM ET

Investment product issuer 21Shares has joined forces with comdirect, a leading online brokerage in Germany, to bring its cryptocurrency exchange-traded products, or ETPs, to savings accounts.

The partnership means that comdirect’s nearly 3 million customers will be able to integrate physically-backed crypto ETPs into their Spar savings accounts. 21Shares claims this is the first such instance where investors can gain crypto exposure in their savings accounts.

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