Trakx & OpenTrade: EURc Earn CTI Launch 

An important new crypto index for Trakx users! Following the successful launch of the USDc Earn CTI in April 2024, we’re excited to introduce its European counterpart: the EURc Earn CTI. This new addition to our “Stake and Yield” category offers investors a seamless way to generate high risk-adjusted returns on European sovereign bonds.

Developed in partnership with OpenTrade, the leading platform for tokenized real-world assets, the EURc Earn CTI provides investors with the opportunity to earn a fixed return on their idle funds. Its collateral portfolio consists exclusively of highly liquid Euro sovereign bonds and EUR Money Market Funds, with both principal and interest compounding daily.

With EURc Earn CTI, you can put your dormant funds to work, earning yield backed by real-world financial assets, all within the Trakx interface. This CTI is an innovative way to access returns comparable to the risk-free rate of return for EUR and is a showcase of how Real World Asset (RWA)-backed yield products can create value (to learn more about tokenization in the crypto sphere, check out the insightful article written by Ryan Shea, our crypto economist – Tokenization: The next big thing in crypto.)

You might prefer to invest in EURc Earn rather than USDc Earn if you hold euros and want to earn yield without exposure to currency risk, or if you seek returns aligned with European interest rates and short-term sovereign bonds, which may offer different risk-return dynamics compared to USD-based alternatives.

Lionel Rebibo, CEO and founder of Trakx stated: “With the EURc Earn CTI, we’re enabling our European users to generate yield from real-world assets while staying fully within the crypto ecosystem. Our collaboration with OpenTrade marks another step toward bridging traditional finance and digital innovation.“

Jeff Handler, Co-founder & Chief Commercial Officer of Opentrade comments: “After the launch of the USDc Earn CTI, we’re excited to partner with Trakx again to deliver a seamless, transparent, and regulated yield solution backed by European sovereign bonds. The EURc Earn CTI is a tangible example of how real-world asset adoption is accelerating within crypto investing.“

Who is the EURc Earn CTI for?

EURc Earn CTI is designed for euro-based investors who want to make their capital work, without taking on unnecessary currency or market risk. You might prefer EURc Earn over its USDc counterpart if you:

• Hold euros and want to earn yield without being exposed to USD exchange rate fluctuations.
• Prefer alignment with European interest rates and sovereign bond markets.
• Seek diversification through exposure to traditional euro-denominated assets, while staying within the crypto ecosystem.

Whether you’re looking to optimize idle funds or diversify your yield strategy with stable, real-world assets, EURc Earn CTI offers a compelling solution, seamlessly integrated into your existing Trakx account.

How Can I Invest in the EURc Earn CTI?

Investing in the EURc Earn Index is easy! Follow this step-by-step guide to get started.

1. Sign up on Trakx or login to the platform if you have already registered.

2) Deposit funds on the platform.

3) Go to the trading app and select the EURc Earn CTI.

4) With a couple of clicks, you can invest your EURc and start receiving fixed returns backed by Euro sovereign bonds and EUR Money Market Funds. To buy the CTI, you can follow the guide “How to buy a CTI on Trakx”. 

About Trakx

Trakx is the leading platform for crypto index-trading, operating on a global scale and bringing the widest selection of crypto indices to the world of crypto investments. Our advanced trading platform offers a diverse range of Crypto Tradable Indices (CTIs) and customized solutions to cater to the needs of sophisticated investors. At Trakx, we prioritize compliance, custody, and liquidity, ensuring a high degree of security and transparency for its clients. The company is registered with the French regulator, the Autorité des Marchés Financiers (AMF), maintaining strict adherence to its rules and regulations. 

About OpenTrade

OpenTrade is a platform designed for on-chain lending and yield products that are specifically tailored for institutional grade use. With OpenTrade’s state-of-the-art platform, FinTech companies can offer their users yield products that are backed by high-quality liquid assets in a way that is both seamless and secure. OpenTrade’s platform is also fully compliant with all relevant regulations, ensuring that its customers can offer the most accessible US Dollar- and Euro-denominated yield products with the click of a button.

Questions about how to get started with EURc Earn? Our team is here to help, reach out anytime at [email protected].