Investing in Solana
Solana is a layer-1 smart contract platform featuring high throughput and low transaction costs. The project originated in 2017 when founder Anatoly Yakovenko proposed a whitepaper draft with a new timekeeping technique for distributed systems called proof of history (PoH), which underpins the Solana network today.
The Solana network can process over 65,000 transactions per second, with each transaction being relatively low-cost and settling almost instantaneously. Its ecosystem hosts various projects across multiple categories, including banking and payments, data and analytics, wallet and browser, gaming and non-fungible tokens (NFTs), decentralized finance (DeFi), and infrastructure.
The WisdomTree Physical Solana ETP gives investors access to this exciting new asset class in a simple, secure and low-cost way through regulated, major European markets.
Why invest in Solana?
Why WisdomTree Physical Solana?
Whilst investor demand for cryptocurrencies is becoming more prevalent, over the years many investors have faced difficulties gaining convenient and secure access to the asset. Cryptocurrency ETPs bridge the gap between traditional investment vehicles and a growing asset.
WisdomTree was the first established ETP issuer to provide European investors with institutional-grade physically backed crypto exposure, following the launch of the WisdomTree Physical Bitcoin in December 2019. Our physically backed crypto ETPs leverage WisdomTree’s deep expertise in physically backed ETPs, gained from 20 years of experience providing and managing physical gold ETPs.