Deals & Cases

10/04/2019

On 4 October 2019, Amun AG (Amun), a Zug-based special purpose issuance vehicle of the fintech group Amun, successfully issued and listed a new series of CHF-denominated Exchange Traded Products (ETPs) on the SIX Swiss Exchange. These products (Ticker: ABBA) are linked to the performance of the "Amun Bitcoin Suisse Index". The products are fully collateralized by the underlying components, at the time of launch consisting of Bitcoin (BTC, 88.62%) and Ethereum (ETH, 11.38%), which are stored with Bitcoin Suisse in Switzerland. This series is the first pure Swiss ETP.


Homburger advised Amun with respect to all aspects of Swiss law. The Homburger team was led by partner Benjamin Leisinger (Capital Markets) and comprised associate Urs Meier and paralegal Ganna Goncharova (both Banking and Finance).