SEBA Bank will list a new Polkadot tracker certificate on the SIX exchange from July 9, 2021. In addition, the bank will include Polkadot in the SEBAX Crypto Asset Select Index with an initial weighting of 7.8%.
SEBA Bank believes that Polkadot is one of the most exciting projects in the digital asset space, due to its ambition of connecting all blockchains with one another and thus enabling cross-chain transfers of any data and asset, not just tokens. Through this it is achieving true interoperability.
Foundation for Web 3.0
This is especially important in the creation of a fully decentralized and private network, controlled by its users. Polkadot simplifies and enables the creation of new applications, institutions and services, by connecting public and private chains, oracles and future technologies. It thereby allows independent blockchains to trustlessly share information and transactions through the Polkadot relay chain.
As per Gavin Wood, the creator and founder of Polkadot and formerly co-founder of Ethereum, the project aims to be the foundation of Web 3.0. For more information on Polkadot, read the research piece ‘Blockchain Interoperability (Part 3): Polkadot`.
Key take aways
- New Polkadot ETP listed at the SIX Exchange (Symbol: 111351687, ISIN CH1113516871)
- Convenient access to one of the most promising blockchain projects with significant return potential
- Lowest holding costs in the market (all-in fee of 1.25% p.a.)
- Polkadot also added to the successful SEBAX Index (ETP listed at the SIX: Symbol 56845270, ISIN CH0568452707)
