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33% Coupon on Helveteq’s First Multi Barrier Reverse Convertible on Crypto

Helveteq launched in Switzerland the their first Multi Barrier Reverse Convertible with three crypto currencies as underlying.

The product is admitted for broad distribution in Switzerland and offers investors to benefit from elevated volatility in the crypto currencies Bitcoin, Ripple and Solana.

Multi Barrier Reverse Convertibles are popular on baskets of equities. The products pay a fixed coupon while the redemption of the nominal value is dependent upon the performance of the underlyings relative to a barrier level. Helveteq’s product team, which has been securitizing traditional securities as well as digital assets for clients, thereby allows investors to benefit from higher return expectations (and higher risks) in the crypto markets. The first Helveteq product has an indicative coupon of 33% p.a. with a 65% barrier and a maturity of three months.

Helveteq’s partner and custodian is Bank Frick.

33% Coupon on Helveteq’s First Multi Barrier Reverse Convertible on Crypto

Christian Katz

Christian Katz, CEO von Helveteq, says:

“This attractive new product broadens the product offering of Helveteq by adding a yield enhancement solution for investors with a shorter investment horizon. We are glad to succeed in offering a Multi Barrier Reverse Convertible on crypto currencies to clients. Investors benefit from a higher coupon. In addition, all our products are collateralized (for counterparty risk) and thereby offer investors an additional layer of security.”




Featured image credit: Edited from freepik

The post 33% Coupon on Helveteq’s First Multi Barrier Reverse Convertible on Crypto appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

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Fintech News Switzerland provides a source of timely, deep insights and the latest local and global news about Fintech. Launched in 2014, the Fintech News Network team works very hard to deliver fintech-centric content in various forms to an audience looking for updates on fintech events and webinars, stunning opinions from highly-reputable digital finance innovators, analysis on fintech applications from active insiders, breaking news on fintech topics and fintech market alerts.
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