Metalpha is the first BTC Snowball & ETH Snowball Product this Thursday (Jun. 23).
Metalpha is a US-listed Long Yun International Holdings Limited (LYL.US) and well-known mining pool company Antpool Holdings cryptocurrency financial services to investors.
In addition to the upcoming Snowball product with cryptocurrency as the underlying investment, Metalpha also offers customers with the following products and services:
– USDT, BTC, ETH fixed income products;
– BTC/ETH ual;
– BTC & ETHhark in ;
Snowball product is one of the very sought-after investment in the traditional financial sector. The Metalpha Crypto Snowball product has a similar return structure to the traditional financial snowball product that stock index futures. In traditional finance, snowball structured products are also called Autocallable Barrier Reverse Convertible (ABRC), which features high coupon yields and tail risk that offers formulaic returns.
Return Structure of Metalpha Crypto Snowball
- If the price of the underlying cryptocurrency is at or above the knock-out price on the knock-out observation date, the investors will immediately receive all of the principal and the knock-out coupon.
- If at any time during the investment period there is no knock-out and the underlying price never falls to or below a predetermined barrier price, the investors will receive all of the principal and the dividend coupon at maturity.
- If there is no knock-out but a knock-in, and the final price is lower than the strike price, the investor will the target currency at the strike price.
(The author’s views are for reference only and shall not constitute any investment advice. Please the products before purchasing.)
Official Website of Metalpha: https://www.metalpha.finance
Registration Link: https://invite.metalpha.finance/?code=C8QSUT