100% physically backed, this ETC gives you seamless exporsure to Avalanche’s native cryptocurrency the 'Avax' token. Avalanche aims to be a global umbrella platform on which any type of asset can be traded and controlled in a decentralised manner, whether currencies, dApps, NFTs, commodities or real estate.
Buy and sell like any stock or ETF through your regular broker or bank. No new account needed, just enter the ticker or ISIN on your trading platform.
The AVAX are kept in cold-storage at a regulated custodian, and all assets are secured by an independent trustee, thus eliminating issuer default risk.
You are legally entitled to the underlying AVAX and you can redeem the ETC for the сryptocurrency, alternatively to selling on exchange.
Issued in Germany under German regulatory oversight, the ETC’s primary listing is on SIX Swiss Exchange, one of the major exchanges in Europe.
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BitGo Trust pioneered multi-signature security in 2013 and, since then has become an industry standard in delivering institutional grade security solutions for digital assets.
Being the first qualified custodian purpose-built for holding digital assets, BitGo Trust Company is an independent trust company regulated by the South Dakota Division of Banking, and SOC 2 Type 1 & 2 certified.
All ETC assets are kept in cold wallets. Cold wallets mean that the digital wallets are not connected to the internet. This protects the wallets from hacks, unauthorized access, and other vulnerabilities.
Digital asset are stored using a multi-signature technology and can only be accessed when sharded keys held by separate entities are unities. This creates additional layers of security to protect investor funds.
BitGo's $250 million custody insurance policy protects against third-party hacks, theft or dishonest acts by BitGo employees or executives as well as the loss of keys.