The VanEck Polygon ETN is a fully-collateralized exchange traded note that invests in MATIC. The note seeks to replicate the value and yield performance of the MVIS® CryptoCompare Polygon VWAP Close Index
- Direct exposure to Polygon, a “layer 2” blockchain which uses an innovative SDK (software development kit) to attract developers looking to build Ethereum-compatible decentralized applications more cost efficiently.
- 100% backed by Polygon and stored in cold storage at a regulated crypto custodian with crypto insurance (up to a limited amount)
- Tradeable like an ETF on regulated exchanges
MVIS CryptoCompare Polygon VWAP Close Index (MVMATICV Index).