MTCE

MATICetc – ETC Group Physical Polygon

The Polygon ETC delivers physical exposure to Polygon's MATIC cryptocurrency with the safety and liquidity of an exchange traded product

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As of 04/10/2022

Objectives

MATICetc – ETC Group Physical Polygon (Ticker: MTCE) is an exchange traded cryptocurrency (ETC) that tracks the price of Polygon's MATIC governance token. Polygon is an Ethereum sidechain network that aims to provide multiple tools to improve amongst other things, the speed of and reduce the cost of transactions on the Ethereum blockchain network.

Each Polygon ETC is 100% physically backed by MATIC and trades on European exchanges, providing investors with a safer and liquid way to gain exposure to MATIC. Each unit of MTCE gives the holder a claim on a predefined amount of MATIC.  

MTCE is issued by ETC Group and marketed and distributed by HANetf.

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Why invest?

An easy way to invest in Polygon:

Investing in MTCE is as simple as buying shares through your broker or bank. Unlike investing directly in MATIC, there is no need to engage with the technical challenges of setting up a cryptocurrency wallet to store MATIC* as your units of MTCE are safely held with your broker or bank.   *Investors only need a cryptocurrency wallet if they want to redeem for MATIC.


Invest in Polygon on a regulated exchange:

MTCE's primary listing is SIX. Investors can trade with confidence knowing that all market participants are strictly vetted and carefully monitored to prevent market abuse unlike cryptocurrency exchanges, many of which are unregulated. The issuer has partnered with world-class liquidity providers to ensure ample on exchange liquidity and tight spreads.


Safe Custody:

The issuer stores the MATIC backing the securities with Coinbase Custody Trust Company, a secure, regulated custodian, purpose built for holding digital assets.  Strict KYC and AML standards ensure that the provenance of all cryptocurrency in custody has been vetted.   

Key Risks

Investors' capital is at risk and investors may not get back the amount originally invested and should obtain independent advice before making a decision.

This is a marketing communication. Any decision to invest should be based on the information contained in the relevant prospectus.

ETC securities are structured as debt securities, not as equity.

ETCs trade on exchanges like securities. They are bought/sold at market prices which may be different to the net asset value of the ETC.

Cryptocurrencies can be highly volatile and your capital is at risk.

For professional investors only.

As of 04/10/2022

Listings & Codes

Exchange Ticker RIC SEDOL ISIN Valoren WKN CCY Listing Date
Xetra MTCF GY MTCF.DE BPCQLQ3 DE000A3GWNP4 - A3GWNP USD 06/04/2022
Xetra MTCE GY MTCE.DE BPCQLK7 DE000A3GWNP4 - A3GWNP EUR 06/04/2022
SIX MTCECHF SE MTCECHF.S BN4PVG4 DE000A3GWNP4 116602579 - CHF 24/03/2022

Registrations

Fund Overview
TickerMTCE
Asset ClassDigital Assets
Base CurrencyUSD
Inception Date22/03/2022
TER195 bps
Net Asset ValuesAs of 04/10/2022
Price Per MTCE* (USD)$4.14
Crypto Entitlement (MATIC Per ETC)4.934609410
MATIC Price Per Coin (USD)$0.84
Total Holdings (Number of MATIC)84460.233
Value of MATIC Holding** (USD)$70,203.44
Shares Outstanding16,944
Issuer AUM$378,745,868

* NAV
** AUM
*** Your broker will charge commissions to purchase ETC like shares

Structure
Replication MethodPhysical
Legal FormDebt Security
Financial End Year31 December
DomicileGermany
Legal StructureETC
Legal And Tax Information
UCITS EligiblePlease contact HANetf
UCITS CompliantNo
ISA EligibleYes
SIPP EligibleYes
UK Fund Reporting StatusSeeking
Key Service Providers
CustodianCoinbase Custody Trust Company
TrusteeAPEX Corporate Trustees (UK) Limited
IssuerETC Issuance GmbH
RegistrarClearstream Banking AG


MTCE Performance 1M 3M 6M YTD 12M Since Inception

Monthly Reports

Monthly ReportsSeptember 2022

Digital Assets Monthly Report | September
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Monthly ReportsAugust 2022

Digital Assets Monthly Report | August
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Press Releases

PressAugust 2022

HANetf taps into growing Spanish ETF demand, registering 19 ETFs
Read More

PressMarch 2022

ETC Group expands digital asset investment opportunities in Europe with the addition of three new Crypto ETCs on SIX
Read More

Videos

VideosJanuary 2022

Video | ETC Group on crypto's 'scary ride' with the commodity 'behaving a lot like a risk asset'

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Listings & Codes

Exchange Ticker RIC SEDOL ISIN Valoren WKN CCY Listing Date
Xetra MTCF GY MTCF.DE BPCQLQ3 DE000A3GWNP4 - A3GWNP USD 06/04/2022
Xetra MTCE GY MTCE.DE BPCQLK7 DE000A3GWNP4 - A3GWNP EUR 06/04/2022
SIX MTCECHF SE MTCECHF.S BN4PVG4 DE000A3GWNP4 116602579 - CHF 24/03/2022

How to Buy MTCE

HANetf funds are available to buy through self-directed platforms and brokers, and intermediary platforms across Europe listed in the link below. If you would like more information on how to trade with APs/market makers, please contact our Capital Markets Team at [email protected]

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About ETC Group

ETC Group brings together financial services professionals with experience spanning both the worlds of digital assets and regulated markets with a single goal: to make investing in crypto-currencies easy, transparent and safe. The team at ETC has taken every care to deliver products with integrity that address the very real concerns that many investors have in trading unregulated assets. United within ETC Group is one of the world’s largest electronic market makers, two London-based FCA- regulated brokers and a team of experienced financial services professionals all bringing network and know-how to the venture.

www.etc-group.com

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