New updated prospectus released for the issuance of bitcoin tracker certificates under the issuance programme of XBT Provider AB (publ). The new prospectus reflects the changes in ownership structure as well as the change of guarantor.
The prospectus was approved and registered by the Swedish Financial Supervisory Authority (Finansinspektionen) on 7th of October 2016, and the prospectus is available for download on XBT Provider’s website (www.xbtprovider.com). The correct performance of the Issuer's obligations regarding the certificates is guaranteed by Global Advisors (Jersey) Limited.
Bitcoin Tracker One and Bitcoin Tracker EUR are designed to provide investors with convenient and liquid access to the returns of the underlying asset, BTC/USD. The issuer, XBT Provider, is at all times fully hedged. The certificates which can be issued under the prospectus are non-equity linked certificates which synthetically track the performance of the price of Bitcoin in USD less a fee component.
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- XBT Provider AB (publ) is a public limited liability company formed in Sweden with statutory seat in Stockholm. The issuer is incorporated under Swedish law and registered with the Swedish companies' registration office under registration number 559001-3313.
- The XBT Group companies under the control of GAJL will adhere to all frameworks regarding compliance, reporting, risk management and corporate governance that would apply if XBT Group were conducting such a business under Jersey regulations. The full prospectus, as well as the audited annual report, is available on xbtprovider.com
- Global Advisors (Jersey) Limited (a Registered Private Company - number 102184) and its predecessor companies have provided professional asset management in commodities since establishment in 1999. Based in St Helier, Jersey in the Channel Islands the company currently focuses on bitcoin investment products and blockchain technology companies. GAJL is regulated by the Jersey Financial Services Commission.
- The Global Advisors Bitcoin Investment Fund PLC, is an expert Fund constituted under Collective Investment Funds (Jersey) Law 1988.
- Mangold Fondkommission is a Stockholm based brokerage and Investment bank. As a member of Nasdaq Stockholm, the company assists XBT Provider with clearing services and acts as a liquidity provider for Bitcoin Tracker One and Bitcoin Tracker EUR.
