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Pionex announces launch of IGVX and NASAX USDT-settled tokenized ETFs
Pionex has listed new USDT trading pairs for thematic ETFs, including the North American software ETF (IGVX) and the Space Innovators ETF (NASAX), offering users access to sectors such as software and the space economy.
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Pionex announced the addition of two new USDT-settled tokenized ETFs: IGVX, representing the North American software sector with holdings in companies such as Microsoft, Oracle, and Palantir, and NASAX, which provides exposure to the space economy, including firms like SpaceX and Rocket Lab. Both ETFs are now available for trading in USDT pairs on the platform. The announcement notes that IGVX tracks 117 software companies with assets under management exceeding $10 billion, while NASAX is described as the first space economy ETF on Pionex and includes approximately 10% exposure to SpaceX. A risk warning was included, stating that cryptocurrency trading involves substantial risk, with the potential for both profits and losses, and that Pionex does not guarantee returns or accept responsibility for any losses.
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Pionex is a Singapore-based cryptocurrency exchange operating since 2019 under the US FinCEN Money Services Business (MSB) license. The platform provides manual and automated crypto trading, offering access to over 300 trading pairs, 16 built-in trading bots, and margin trading options, with security features such as cold wallet fund storage and two-factor authentication. For more details about the broker’s offerings, visit the broker profile on Traders Union.
In our earlier news about Pionex, we reported the launch of futures trading bots for products like QQQX, NVDAX, SPCX, and XAUT, enabling users to trade with leverage and set customizable parameters. For more information, see the previous Pionex update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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