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Cardano investment products are now available for German bank users

Cardano investment products are now available for German bank users

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Answer Cardano investment products are now available for German bank users

Cardano investment products will now be available to clients of major German banks such as:

Comdirect Bank and Onvista.

This comes as Valor has announced an agreement with both banks, as a provider of crypto products to retail customers in Germany.

Comdirect is a brand of Commerzbank AG, the third largest German bank with more than three million customers.

Comdirect provides online brokerage, banking and advisory services in Germany, as well as access to 46 stock exchanges outside Germany.

While Onvista is an online broker and a subsidiary of Comdirect Bank AG.

Apart from Cardano’s investment products in the form of ETP, Valor is the provider of ETP funds, Valor also offers Polkadot, Solana, Avalanche, Cosmos and Enjin coin, in addition to Bitcoin and Ethereum.

Read:Crypto startup manages to raise $10 million through initial public offering (ICO)

Cardano’s investment products reported inflows totaling $3.9 million last week, according to a CoinShares report.

Overall, digital asset investment products saw slight inflows last week totaling $17 million.

Read:Report: Top 10 Ethereum Wallets Now Hold 23.7% of Total Ethereum Supply

Bitcoin accounted for a larger portion of the outflows, which reached $21 million last week.

Read also:

The Australian Securities Commission grants approval for the first ever crypto-trading ETF

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