iMaps capital

Name

iMaps capital

Legal name

iMaps ETI AG

Website

https://imaps-capital.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Schaan

HQ country

Liechtenstein

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. ETI Issuance and Listing Fees: Fees charged for structuring, listing, and maintaining ETIs on the platform. One-time issuance fees plus ongoing listing/administration fees.
2. White Label Platform Services: Comprehensive service fees covering structuring, market making, accounting, audit, regulatory filings, and ongoing operations for Actively Managed Certificates and Fund-Linked Notes.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

iMaps Capital operates a proprietary white-label issuance platform that transforms investment strategies into Exchange Traded Instruments (ETIs) in the form of Actively Managed Certificates (AMCs) and Fund-Linked Notes. Each ETI is backed by a segregated portfolio opened with a chosen broker, providing direct market access and intraday rebalancing, while issuer risk is mitigated through assets pledged to Intertrust Group as security trustee. The company provides end-to-end services including structuring, listing, market making, accounting, audit, regulatory filings, and ongoing administration across Liechtenstein, the EU, and Switzerland.

Product overview

iMaps ETI AG operates a unified white-label platform for creating Exchange Traded Instruments (ETIs), specifically Actively Managed Certificates (AMCs) and Fund-Linked Notes. The core offering is the iMaps Issuance Platform, which enables asset managers to transform investment strategies into listed ETIs. The platform provides comprehensive services including structuring, stock exchange listing on Stuttgart (EUWAX), market making, accounting, audit, regulatory filings, and ongoing operations. ETIs trade on the Stuttgart Stock Exchange and can be purchased through regular banks/brokers or online platforms like Interactive Brokers and Swissquote. The company offers products across traditional assets (stocks, derivatives, funds) and digital assets, with specific ETI products including AI-focused strategies, crypto alpha strategies, and Web3 digital asset products.

Differentiator

Problem solved

Functional benefit

Products and services

• Actively Managed Certificates (AMC) Exchange Traded Instruments that allow asset managers to apply their investment strategies with flexibility across a wide range of assets and leverage options. Issued as AMCs and traded on the Stuttgart Stock Exchange.
• Fund-Linked Notes Structured products that reflect the performance of an underlying fund, providing distribution passport rights for the EU. The segregated portfolio is set up as a feeder into the fund or portfolio of funds.
• White Label Platform Services Comprehensive services for creating investment products including transaction documents, accounting, listing, market making, paying and issuance agent, trustee services, and all administrative work for Actively Managed Certificates and Fund-Linked Notes.
• iMaps Issuance Platform Proprietary platform that transforms investment strategies into Exchange Traded Instruments, enabling asset managers to enter the market for Exchange Traded Products by issuing an AMC or Fund-Linked Note replicating their investment strategy.
• Index & Participation Certificates

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Stuttgart Stock Exchange (EUWAX)coreChannel Partner/ Reseller/ DistributorETIs are listed and traded on the Stuttgart Stock Exchange EUWAX, the largest exchange globally for Structured Investment Products and Actively Managed Certificates. This is the primary trading venue for all iMaps-issued ETIs.
• Intertrust GroupcoreImplementation/ SI/ Consulting PartnerIntertrust Group acts as the security trustee holding pledged underlying assets in segregated portfolios for the benefit of ETI investors, protecting them from issuer risk.
• BX SwisscoreOthersThe base prospectus is registered with RegServices of BX Swiss for the public offering of the securities also to retail investors in Switzerland.
• public imaging GmbHminorGTM or Marketing PartnerGerman PR agency handling press inquiries, press releases, and media relations for iMaps Capital Markets in German-speaking markets.

Scale indicators6 records

Recent moves9 records

Expansion highlights5 records

Regional players

• Amina Bank (formerly SEBA Bank): Swiss-regulated crypto and digital asset bank that issues and distributes crypto ETPs and structured products. Comparable as a regulated intermediary enabling digital asset investment products for institutional and professional clients.

Direct peers

• HANetf: European white-label ETP platform that helps asset managers launch exchange-traded products, mirroring iMaps' core business of providing end-to-end issuance infrastructure (structuring, listing, market making) for third-party managers.
• ETC Group: European specialist issuer of crypto ETPs listed on Deutsche Börse and other venues. Directly competes with iMaps' crypto ETI suite for crypto-thematic investor capital and advisor shelf space.
• CoinShares: Crypto-focused ETP/ETC issuer listed across European exchanges including Stuttgart/Börse Stuttgart. Directly comparable to iMaps' digital asset ETIs and competes for the same crypto-allocation investor flow.
• Tabula: European ETP issuer focused on active and thematic strategies including fixed income and ESG. Comparable to iMaps in product category (active/thematic ETPs) and target customer (institutional and advised retail distribution).
• 21Shares: Specialist crypto ETP issuer with deep EU listings including Stuttgart; directly comparable to iMaps' Crypto Alpha Strategy, Web3 Digital Asset Innovations, and Selected Crypto Assets ETIs in product type and venue footprint.
• Leverage Shares: Issuer of leveraged and single-stock ETPs listed across European venues including Stuttgart. Competes with iMaps in the structured/active ETP category and uses similar white-label-style issuance and listing infrastructure.

Broad incumbents

• Invesco: Global asset manager with a substantial European UCITS ETP franchise. Competes with iMaps for issuer slots on Stuttgart and advisor mindshare in the actively managed / thematic product category.
• WisdomTree: Established global ETP issuer with broad European UCITS ETF and ETC lineup. Comparable to iMaps as a competing listed-product sponsor with deep distribution and in-house issuance capabilities.
• Xtrackers (DWS): Large European ETP issuer within DWS. Overlaps with iMaps on listed-product distribution and competes in the same German/European tracker certificate and ETF market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/imapscapital
• Facebookfacebook.com/iMapsCapitalMarkets

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about iMaps capital