Leverage Shares 3x Long Coinbase (COIN) ETP

Leverage Shares 3x Long Coinbase (COIN) ETP is a leveraged exchange-traded product designed to deliver three times the daily performance of Coinbase Global, Inc. stock. This ETP aims to provide amplified exposure to the daily price movements of COIN, magnifying both potential gains and losses accordingly. It serves investors seeking heightened participation in the cryptocurrency exchange sector without directly owning the underlying shares or managing leveraged positions themselves. The product utilizes financial derivatives and swap agreements to achieve its 3x long leverage objective, resetting daily to align with the target multiple. Primarily targeted at experienced traders familiar with the risks of leveraged instruments, it plays a role in the broader financial markets by offering tactical tools for short-term strategies tied to digital asset platforms. Founded in 2018 and headquartered in London, United Kingdom, Leverage Shares specializes in such leveraged and inverse ETPs focused on individual stocks, including prominent technology and fintech names.