VanEck, a leading asset management company in the U.S., has launched the VanEck Pyth Exchange Traded Note (ETN) to simplify access to the Pyth Network on Solana Blockchain Technology for investors. The ETN has been listed on major stock exchanges in Amsterdam and Paris, allowing users to tap into the potential of the Pyth Network without directly handling cryptocurrency. The Pyth Network, built on Solana, connects real-world data with blockchain smart contracts, enabling decentralized finance (DeFi) and insurance. The Pyth ETN tracks the value of the PYTH token on Solana. It uses a trusted custodian for asset storage and is available for trading in Germany, France, and Switzerland.



Other News from Today