21Shares Launches Physically-Backed Lighter and Venice Token ETPs in Europe

According to an official announcement from 21Shares, the company has launched the Lighter (LIT) ETP and Venice Token (VVV) ETP in Europe. Both products are physically backed by the underlying tokens and carry a fee of 2.50%. The Lighter ETP trades under the ticker LIHT and is listed on the German exchange Xetra, supporting trading in both euros and US dollars; the Venice Token ETP trades under the ticker VENC and is listed on the SIX Swiss Exchange, trading in US dollars. Lighter is a decentralized perpetual contract trading platform built on zero-knowledge technology, while Venice is a privacy-focused AI platform. Investors can hold the relevant ETPs through a standard securities account without needing to purchase or custody the tokens themselves or manage private keys.