Injective Staking ETP ⭐

Injective s announced the launch of AINJ, an exchange-traded product (ETP) from 21Shares. AINJ allows users to access INJ through traditional financial marketplaces while being rewarded for their bets. This is a significant step forward in integrating Injective with traditional markets.

AINJ is provided by 21Shares, a major issuer of cryptocurrency ETPs with extensive experience with large crypto projects.

What is an ETP?
Exchange Traded Products (ETPs) are financial instruments traded on stock exchanges that offer exposure to various assets without the need for direct ownership. They range from stocks and bonds to commodities and crypto assets, providing a simple way to participate in a diversified portfolio combining the ease of stock trading with the benefits of mutual funds.

How AINJ Works?

-Staking Yields: AINJ captures the staking yields generated by staking INJ to secure the Injective network. These staking rewards are then reinvested into the ETP.

-100% Physically-Backed: AINJ is structured as a Physical ETP, backed 100% by the underlying INJ and kept in cold storage by an institutional-grade custodian. Digital assets have low storage costs, allowing AINJ to offer the most direct correlation to its underlying asset without increased operational expenditures.

-Regulated and Transparent: AINJ operates within a regulated framework, ensuring all transactions and holdings are clear and accessible.

-Convenience and Efficiency: By trading AINJ on stock exchanges, buying and selling the ETP is easily conducted throughout the trading day. This flexibility provides a convenient and efficient way to gain exposure to INJ and the associated staking rewards without the complexities of directly managing staking processes.

-Accessibility: AINJ is supported by 25 different banks and brokerages, trading on both the Euronext Amsterdam (AINJ NA) and Euronext Paris (AINJ FP).