The Swiss issuer Plusplus Frankencoin Certificate
Investment Strategy · Passive
Provide regulated access to ZCHF exposure through standard securities infrastructure
The objective is to track the performance of the Underlying as closely as possible. The product provides passive, rule-based exposure. The Issuer appoints Plusplus AG as Transaction Manager to execute conversions strictly in accordance with predefined, rule-based instructions. No discretion is exercised at any stage of the conversion process. The product may reflect protocol-defined mechanisms at the Frankencoin protocol level, which may result in variable, non-guaranteed distributions.
- Total return structure with reinvestment in NAV; no distributions guaranteed.
- ZCHF is not legal tender, is not issued or guaranteed by any central bank, and does not represent a claim for redemption at par in Swiss francs.
- Subscriptions and redemptions process daily on Business Days (Monday to Friday); the Issuer may limit or suspend redemptions where ZCHF liquidity or conversion processes are constrained.
Performance · Indexed (base 100)
Product in subscription period. Track record not yet available.
Asset Class · Decentralised stablecoin
| Underlying | |
|---|---|
| Description | ZCHF, a Swiss franc-denominated stablecoin from the Frankencoin protocol that seeks to maintain a value close to CHF through collateralisation. |
KEY DATA
| IDENTIFIERS | |||
|---|---|---|---|
| ISIN | CH1526087718 | Valor | 152608771 |
| SIX | N/A | Bloomberg | PPZCHF SW Equity |
| Structure | nETP | SSPA category | Tracker Certificate (1300) |
| Underlying | ZCHF (Frankencoin protocol) | ||
| ISSUANCE | |||
| Issue date | 17 Jul 2026 | ||
| Issue price | CHF 1,000 | ||
| Issue size | Up to 100,000 Securities (with reopening clause)The Issuer reserves the right to increase the issue size. Any additional issuance will be at the Issuer's discretion and priced by the Calculation Agent. Investors will be informed in accordance with applicable regulations. | ||
| Currency | CHF | ||
| LIQUIDITY | |||
| NAV frequency | Daily | ||
| Subscription | Daily | ||
| Redemption | Daily | ||
| Redemption gate | The Issuer limits or suspends redemptions on liquidity constraintsThe Issuer limits or suspends redemptions on an Investor Redemption Date where liquidity constraints relating to ZCHF or conversion processes make the orderly execution of redemptions temporarily impracticable. The Issuer will also temporarily suspend redemptions in the event of exceptional market or operational conditions. | ||
| Listing | No | ||
| Listing venue | N/A | ||
| ECONOMICS | |||
| Minimum investment | CHF 1,000 | ||
| Investor fee | Up to 0.95% p.a. | ||
| Subscription fee | Up to 1.25% (including Paying Agent fee) | ||
| Redemption fee | Up to 1.25% (including Paying Agent fee) | ||
| SERVICE PROVIDERS | |||
| Issuer | Helveteq AG, 8808 Pfäffikon SZ, Switzerland | ||
| Originator | Plusplus AG, 6300 Zug ZG, Switzerland | ||
| Transaction Manager | Plusplus AG, 6300 Zug ZG, Switzerland | ||
| Paying Agent | Banca Credinvest SA, 6900 Lugano TI, Switzerland | ||
| Custodian | Copper Markets (Switzerland) AG, 6300 Zug ZG, Switzerland | ||
| Calculation Agent | Helveteq AG, 8808 Pfäffikon SZ, Switzerland | ||
| Administrator | Helveteq AG, 8808 Pfäffikon SZ, Switzerland | ||
| Security Agent | ADEXAS Rechtsanwälte AG, 8008 Zürich ZH, Switzerland | ||
| Issuer Auditor | BDO AG, 8853 Lachen SZ, Switzerland · Annual · IFRS | ||
Regulatory
| Governing law | Switzerland |
|---|---|
| Distribution | Retail, professional and institutional clients |
| FINMA supervision | No |
| Regulatory | FinSA · Base Prospectus approved by SIX Exchange Regulation |
Product Advantages
- Fully collateralised tracker certificate
- Collateral pledged in favour of investors
- Independent Security Agent
- Pledge perfected through Account Control Agreement
- Issuer credit risk mitigated but not eliminated
- Base Prospectus approved by SIX Exchange Regulation Ltd., Reviewing Body within the meaning of FinSA
- Annual independent audit; financial statements prepared under IFRS standards
- Not a collective investment scheme under CISA
- Issuer not subject to FINMA supervision
- Issued from Helveteq AG balance sheet
- Collateral held in segregated accounts for the benefit of investors
- Total return structure with reinvestment in NAV; no distributions
- Fully Swiss setup, issuer and instruments
Structure & Protection
The underlying crypto assets are held in segregated wallet custody on behalf of Helveteq AG. The collateral is pledged in favour of an independent Security Agent for the benefit of investors, with the pledge perfected through an Account Control Agreement under Swiss law (Art. 25 FISA). In an issuer default, the Security Agent may enforce the collateral in accordance with the transaction documents. Collateralisation mitigates issuer credit risk but does not eliminate it. The product offers no capital protection. Enforcement and recoveries may take time and amounts recovered may be lower than the outstanding investment.
About the Strategy Originator
Plusplus AG, Zug, acts as Originator and Transaction Manager for the Plusplus Frankencoin Certificate. The firm executes the conversion between CHF and ZCHF on a strictly non-discretionary, rule-based basis, supporting the operational infrastructure of the product.
About the Issuer · Helveteq
Helveteq structures and issues transparent investment products, including Tracker Certificates and Actively Managed Certificates (AMCs), across traditional and alternative asset classes. We enable financial intermediaries to access capital markets with ease. We support the structuring and issuance process within the applicable legal and regulatory framework. From equities, fixed income, and commodities to private debt, real estate, and digital assets, we turn investment strategies into bankable, structured products. Products are issued under a base prospectus approved by SIX Exchange Regulation and are eligible for distribution through Swiss banks.
Documents
Investors should read the Key Information Document before making any investment decision.
Contact
Helveteq AG, 8808 Pfäffikon SZ, Switzerland · +41 41 554 50 99 · [at] · helveteq.com
Disclaimer
This document constitutes advertisement within the meaning of Article 68 FinSA. It is neither a Key Information Document within the meaning of Article 58 FinSA, nor a Prospectus within the meaning of Article 35 FinSA. Investors should base their investment decision solely on the Base Prospectus, as supplemented from time to time, together with the relevant Final Terms and the Key Information Document where applicable, all available free of charge at helveteq.com.
Nothing in this document constitutes, may be used for the purpose of, or may be construed as, an invitation, an offer or a solicitation of securities for sale or for subscription in any jurisdiction where it is unlawful to do so. The information is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this document or its accuracy or completeness. The information is subject to change.
Past performance is not an indication or guarantee of future results. The charts and graphs may reflect hypothetical historical performance. All information presented prior to the issue date is back-tested. Back-tested performance is not actual performance but is hypothetical.
The Products do not constitute collective investment schemes within the meaning of the Swiss Federal Act on Collective Investment Schemes (CISA), as amended from time to time, and are, therefore, neither governed by the CISA nor subject to authorization and supervision by the Swiss Financial Market Supervisory Authority (FINMA). Accordingly, holders of these Products do not have the benefit of the specific investor protection provided under the CISA. The Issuer is not and will not be regulated by any regulator as a result of issuing the Products. The Issuer is neither licensed nor registered with the Swiss Financial Market Supervisory Authority (FINMA).
THE PRODUCTS ARE NOT FOR DISTRIBUTION TO ANY U.S. PERSON OR ANY PERSON OR ADDRESS IN THE UNITED STATES OR IN ANY OTHER JURISDICTION TO WHICH A DISTRIBUTION WOULD BE UNLAWFUL. The Products have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the Securities Act) or with any securities regulatory authority of any State or other jurisdiction of the United States and (i) may not be offered, sold or delivered within the United States to, or for the account or benefit of U.S. Persons (as defined in «Regulation S» under the Securities Act), except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws and (ii) may be offered, sold or otherwise delivered at any time only to transferees that are Non-United States Persons (as defined by the U.S. Commodity Futures Trading Commission).
Investors are invited to carefully read the Product documentation, namely the Base Prospectus, which may be amended or supplemented from time to time, together with the relevant Final Terms prepared for a particular Product containing the full legally binding terms and conditions.
© Helveteq AG, 8808 Pfäffikon SZ, Switzerland. 2026. All rights reserved.