21Shares lists Strategy-linked STRC ETN on London Stock Exchange, expands UK footprint
The Block
21Shares has launched its Strategy Yield ETN (STRC) on the London Stock Exchange, providing UK investors access to Strategy Inc.'s perpetual preferred equity.Summary
21Shares has listed its Strategy Yield ETN (STRC) on the London Stock Exchange, marking the first time UK investors can access Strategy Inc.'s perpetual preferred equity through a local exchange-traded wrapper. The ETN tracks Variable Rate Series A Perpetual Preferred Stock, which is linked to Strategy Inc.'s bitcoin-focused treasury policy. The product offers an 11.5% yield and aims to bridge the gap between bitcoin-driven upside and traditional credit stability. This launch follows 21Shares' ongoing European expansion and leverages regulatory changes that have increased retail access to crypto-related investment products in the UK.
(Source：The Block)