Coinpanion and Bankhaus Scheich/tradias enter into crypto trading partnership

  • Crypto startup aims to provide easy entry into the world of crypto investments
  • Bankhaus Scheich / tradias secure regulated market environment and become liquidity provider, order executor as well as IT provider for B2B2C crypto trading for Coinpanion
  • Operational partnership to accelerate expansion into European region

Vienna/Frankfurt a.M., April 28, 2022 | Coinpanion, the crypto startup for easy entry into the world of crypto investments, and Frankfurt-based Bankhaus Scheich – together with its FinTech arm, tradias – are entering into an operational partnership. According to the release, Bankhaus Scheich/tradias will act as liquidity provider, order executor and IT provider for B2B2C crypto trading for Coinpanion. Bankhaus Scheich is one of Europe’s leading regulated OTC trading platforms and market makers for regulated trading in cryptocurrencies.

Alexander Valtingojer, CEO of Coinpanion, says of the cooperation:

“With Bankhaus Scheich and its FinTech-arm tradias, we have a renowned partner and regulated financial service provider with direct access to the international capital market at our side. Connections to all major trading venues in the world as well as relevant expertise in order execution are exactly what is needed for Coinpanion’s expansion into new markets.”

Bankhaus Scheich is a top 3 specialist on the Frankfurt Stock Exchange (FWB) and offers, among other, a marketplace for digital assets to professional investors. Together with the FinTech-Service provider tradias – trading digital assets, the company aims to further expand the investment universe for digital assets and combine the traditional world of finance with the world of digital assets. In addition to trading in cryptocurrencies, the bank was responsible for the successful implementation of innovative investment products; for example, the first digital twin via a certificate on a mutual fund or the first corporate convertible bond, according to eWpG in Germany.

Nils von Schoenaich-Carolath, Managing Director Digital Assets at Bankhaus Scheich and project manager at tradias: “With Coinpanion, we welcome an innovative partner who, just like us, is focused on growth. Together, we want to open up the European region even more and offer investors the security of a regulated market environment in the investment and trading of cryptocurrencies. As Bankhaus Scheich and tradias, we want to make financial products directly and cost-effectively investable, more transparent and more liquid for everyone, thus contributing to the democratisation and liberalisation of the investment market.”

Coinpanion aims to provide easy entry into the world of cryptocurrencies
Founded in 2019, in Vienna, the FinTech Coinpanion endeavours to provide an easy entry into the complex world of cryptocurrencies for everyone, even without prior knowledge. To accommodate this, the company provides its customers with a range of different crypto portfolios from various categories and risk classes. Coinpanion’s customers are supported throughout the entire process: from simple market entry and ongoing optimization of crypto investments to automated tax reporting. The clients can choose from different smart portfolios, which revolve around innovative technologies such as NFTs, the Metaverse and cryptocurrencies. The company focuses on all-round, worry-free packages, providing automated savings plans and free tax reports in addition to the portfolios provided. According to Coinpanion, getting started should take less than five minutes.

About Coinpanion

The crypto investment start-up Coinpanion was founded in Vienna in 2019 and offers a platform for easy entry into the crypto market for everyone. In the meantime, many millions of euros have already been invested in crypto projects via Coinpanion. Customers are offered a range of different crypto portfolios with various categories. The four-member founding team has set itself the goal of making the highly complex cryptocurrency market accessible to the general public. The rapidly growing FinTech company currently employs 33 people.

More information coinpanion.com

About Tradias GmbH & Bankhaus Scheich Wertpapierspezialist AG
As a fully comprehensive, regulated trading platform from Bankhaus Scheich, tradias enables professional investors to trade digital assets: tradias – trading digital assets.

Bankhaus Scheich, one of the leading securities trading banks on the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse, FWB), offers professional investors a one-stop marketplace for digital assets, such as cryptocurrencies and security tokens, in a secure and regulated environment through its unique service platform, tradias. The knowledge, which has accumulated over more than 35 years, is flowing into a new era of digital assets.

Tradias GmbH is a contractually bound intermediary in the sense of § 3 (2) WpIG and will act in the brokerage of financial instruments in accordance with § 2 (2) No. 3 WpIG exclusively for the account and under the liability of Effecta GmbH, Florstadt.

More at bankhaus-scheich.de and tradias.de

Media contact (Bankhaus Scheich/tradias)

Sascha Dettmar

Corporate Communications

+49 69 25 72 00 161

S.Dettmar@tradias.de

Media contact (Coinpanion)

Mag. Karol Walter Nuhn

skyrocketX communications

+43 650 525 42 12

karol@skyrocketx.com

www.skyrocketx.com

Gridl Asset Management and tradias/Bankhaus Scheich facilitate first investable digital asset on a mutual fund in Germany via a warrant certificate

  • Investors save time and money
  • Financial inclusion is pushed further
  • Proven investment concept now available in digital finance

 Frankfurt am Main, April 12, 2022: As of April 12, 2022, Gridl Asset Management GmbH, Munich, enables investors to invest in the first digital twin of a mutual fund in Germany. Underlying for the investable digital asset (token) is the Gridl Global Macro UI, private and institutional investors receive numerous advantages. The digital twin was issued by tradias Issuance GmbH, Frankfurt am Main, a subsidiary of tradias GmbH.

The world is going digital – and digital assets are becoming a part of our world

For the first time, investors can purchase a certificate that reflects the asset class of a fund in its own digital twin in a regulated market environment. The digital twins on the Gridl Global Macro UI can be obtained by private investors directly via the tradias platform at www.tradias.de. This yields in several advantages for investors:

  • 24/7 trading of the digital twins on the secondary market possible at a later date
  • Same day billing (t=0)
  • No initial charge when purchasing the retail share classes
  • Traditional deposit with a bank is not necessary
  • Independent custody or provision of a customer wallet with tradias possible
  • Trading is also possible for investors from countries outside the EU who previously have not had the opportunity to open a securities account in Germany
  • No tax disadvantage for investors

Manfred Gridl, Managing Director/Owner of Gridl Asset Management GmbH: “With the Digital Twin, we have created the first successful combination of the traditional and the digital fund world in Germany! We have thus taken an important step for the entire fund industry in the future of “digital assets”. Digitally savvy investors now have the opportunity to invest in a digital twin certificate with a mutual fund as the underlying. Interested parties can buy the Digital Twin with just a few clicks on their smartphone! It is important to note that nothing changes in our proven investment concept of the “all-weather investment strategy”: The objective of the Gridl Global Macro UI is still to generate a positive return in the medium term and at the same time avoid major losses – i.e., be ready for all “weather conditions” on the financial markets.”

Nils von Schoenaich-Carolath, Managing Director Digital Assets Bankhaus Scheich and project manager on the part of tradias: “With the first digital twin via a certificate on a mutual fund in Germany, tradias and Bankhaus Scheich validate their innovative pioneering role in the digitization of the German and European financial markets. Investors can now invest in products that were previously not accessible to them, making Germany a more attractive financial center. After the tokenization of real estate and the first corporate convertible bond in accordance with the Electronic Securities Act (eWpG) in Germany, we and our partners are again the first to offer a financial product in a regulated market environment in Germany. The tokenization of a UCITS fund as well as of ETFs, VC investments and art objects will follow shortly. By doing so, we create financial products that everyone can invest directly and cost-effectively, that are more transparent and liquid, and that contribute to the democratization and liberalization of the investment market. As a next step, we will make the security tokens available for trading on our own secondary market platform.”

This offer was created in close cooperation between Gridl Asset Management GmbH, Munich, and Tradias GmbH, Frankfurt am Main. tradias is a FinTech service provider, IT provider and service platform for Bankhaus Scheich in the areas of cryptocurrencies and digital assets. Bankhaus Scheich acts as a regulatory banking partner. The liability umbrella of Tradias GmbH is Effecta GmbH, Tradias GmbH is the contractually bound agent of Effecta GmbH. KVG of the Gridl Global Macro UI is the Universal-Investment-Gesellschaft mbH.

 About Tradias GmbH & Bankhaus Scheich Securities Specialist AG

As a comprehensive, regulated trading platform from Bankhaus Scheich, tradias enables professional investors to trade in digital assets: tradias – trading digital assets.

Bankhaus Scheich, one of the leading securities trading banks on the Frankfurt Stock Exchange (FWB), offers professional investors a one-stop marketplace for digital assets such as cryptocurrencies and security tokens in a secure and regulated environment via its unique service platform tradias. The knowledge accumulated over 35 years directly leads into a new era of digital assets.

Tradias GmbH is a contractually bound agent within the meaning of Section 3 (2) WpIG and acts in the brokerage of financial instruments in accordance with Section 2 (2) No. 3 WpIG exclusively for the account and under the liability of Effecta GmbH, Florstadt.

www.tradias.de

www.bankhaus-scheich.de

About Gridl Asset Management GmbH

Gridl Asset Management GmbH is a bank-independent and family-run investment consultancy with a focus on absolute return-oriented multi-asset class strategies. Partners and managing directors are the couple Marion and Manfred Gridl. Both have many years of experience in asset management, fund management and customer service.

Gridl Asset Management GmbH is a fund advisor for the “Gridl Global Macro UI” mutual fund. The independence from banks enables the fund advisor to always make investment recommendations in the best interests of the fund’s investment results and thus of the customers. For the fund, Universal-Investment-Gesellschaft mbH is the KVG, the depositary / custodian bank is Donner & Reuschel AG (D).

www.gridl-asset-management.de

Media contacts:

V.i.S.d.P.: tradias/Bankhaus Scheich

Sascha Dettmar
Corporate Communications

F: +49 69 257200 161

M: +49 151 10070566

E: s.dettmar@tradias.de

 

Gridl Asset Management GmbH

Manfred Gridl

Managing Director/Owner

F: +49 89 80 95 96 53
M: +49 174 300 90 74

E: manfred.gridl@gridl-asset-management.de