21Shares is required to send PCFs daily to market makers to ensure they can accurately price the ETPs and provide liquidity to investors.
The company has 11 cryptocurrency ETPs available in three currencies on the SIX Swiss exchange. These include products offering long and short exposure to Bitcoin and a basket of cryptocurrencies (HODL).
Additionally, 21Shares will be dual listing its Bitcoin, Ether and HODL ETPs in GBP on SIX Exchange on 30 June.
Ophelia Snyder, co-founder and head of products at 21Shares, commented: "Ultumus has shown equal drive to transform the market for ETF and index data by using innovative technology to transform what is possible.
“Providing market makers with the right quality PCFs daily is essential to expanding participation."
Giles Sarton, head of business development at Ultumus, added: "We are excited our solutions will now help widen investment into cryptocurrencies in the same way we have helped expand participation into traditional and smart beta ETFs."
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