Euronext suspends CoinShares' Zcash ETP over settlement requirements

Briefing by News4U · First published

Euronext halted trading in CoinShares' Zcash product ahead of its planned Paris debut, citing operational settlement requirements, Cointelegraph reported.

Euronext suspended the CoinShares Zcash exchange-traded product from trading on Euronext Paris until further notice on Wednesday, when it had been scheduled to debut, Cointelegraph reported. [1]

Euronext communications manager Flavio Bornancin-Tomasella told the publication that the measure concerned operational settlement requirements. The suspension would remain until the Central Securities Depository could fully support standard settlement operations. CoinShares did not respond to the publication's request for comment by publication time. [1]

Sources

  1. Settlement concerns prompt Euronext to halt CoinShares’ Zcash ETP ahead of debut

    Cointelegraph · · Full text

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