Litecoin & Certificate - an interesting symbiosis

Litecoin & Certificate - an interesting symbiosis

28 June 2019Reading time: 2 minutes

Vontobel offers investors access to the crypto currency "Litecoin" via an open-end tracker certificate. The listed certificate enables investors to participate simply and transparently in the price development of litecoin.

For many investors, the market for crypto currencies has been an interesting and novel investment alternative for years. Vontobel has already made the investment in popular crypto currencies available to all capital market investors in the form of tracker certificates on Bitcoin, Bitcoin Cash, Ether and Ripple. With the issue of the tracker certificate in the crypto currency "Litecoin", investors in Switzerland are offered a further alternative to participate in the development of the crypto market in the classic securities portfolio.

The Litecoin Tracker Certificate: How it works

With the Vontobel tracker certificate, investors participate in the price development of Litecoin (LTC) without having to have access to the Litecoin network or a Litecoin wallet themselves. Accordingly, the risk of loss due to hacker attacks, technical problems, improper handling or the failure of the Litecoin depositary does not lie with the investors. In addition to the price risk, investors bear the issuer's default risk.

Product Details

Vontobel is now offering the first tracker certificate on Litecoin with an unlimited term - an open-end tracker certificate. The product enables unlimited* participation of almost 1:1 in price gains and losses of the litecoin, taking into account the subscription ratio. The well-known virtual marketplaces CoinBase Prime, BitStamp and Kraken serve as "reference exchanges" for the tracker certificate in the crypto currency "Litecoin" in US dollars. The certificate is tradable since 28 June.

The Underlying

Litecoin (symbol: Ł or LTC) is a digital currency that enables peer-to-peer money transfers in real time and almost free of charge. It is a worldwide and decentralized open source payment network without a central authority 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 term is basically unlimited, subject to termination by the issuer or exercise by the investor.



Important Notice:

This information is neither an investment advice nor an investment or investment strategy recommendation, but advertisement. The complete information on the securities, in particular the structure and risks associated with an investment, are described in the base prospectus, together with any supplements, as well as the final terms. The base prospectus and final terms constitute the sole binding sales documents for the securities. It is recommended that potential investors read these documents before making any investment decision in order to fully understand the potential risks and rewards of deciding to invest in the securities. The documents and the key information document are published on the website of the issuer on and are available from the issuer free of charge. The approval of the prospectus should not be understood as an endorsement of the securities. The securities are products that are not simple and may be difficult to understand. This information contains an indication of past performance. Past performance is not a reliable indicator of future results.

This document and the information contained in it may only be distributed or published in countries where such distribution or publication is permitted by applicable law. As stated in the relevant base prospectus, the distribution of the securities mentioned in this information is subject to restrictions in certain jurisdictions. This advertisement may not be reproduced or redistributed without Vontobel’s permission.

24/09/2023 13:24:55


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