WisdomTree introduces Europe’s first physically-backed XLM ETP

On October 14th, WisdomTree announced the launch of its “WisdomTree Physical Stellar Lumens ETP” in Europe, marking it as the first physically-backed XLM product.

The ETP is already available on the SIX Swiss Exchange and Euronext Paris and Amsterdam, with plans to list on Xetra Germany on October 15th.

WisdomTree claims that this is the lowest-cost physical XLM ETP in Europe, facilitating compliant investment access to Stellar’s efficient cross-border payment network.