- Business
- Leverage Shares Public Limited Company (Leverage Shares plc) issues exchange-traded products (ETPs), including leveraged, inverse and unleveraged trackers on individual equities, exchange-traded funds, indices and commodities; its offerings encompass physical replication ETPs such as 5x, 3x, 2x long, -1x, -2x, -3x and -5x short exposures, alongside 1x trackers like the LS 1x JD.com Tracker ETP (JDX1.L), which provides delta-one daily exposure to JD.com Inc. ADR stock; the company also operates IncomeShares for options-based income generation and a white-label platform enabling third-party asset managers to launch branded ETPs. Domiciled in Ireland with headquarters operations supporting a global presence across six offices in eight countries, Leverage Shares plc targets sophisticated and professional investors in Europe through listings on major exchanges including the London Stock Exchange, Euronext Paris, Euronext Amsterdam, Borsa Italiana and Deutsche Börse. Founded in 2017 by CEO Jose Gonzalez-Navarro, COO Dobromir Kamburov and General Counsel Tracy Grant, the firm manages over $1.5 billion in assets and serves as Europe's largest issuer of single-stock ETPs with more than 180 products physically backed by underlying assets, avoiding derivatives like swaps. In recent developments, Leverage Shares plc launched 19 new ETPs on the London Stock Exchange in September 2025, including first-ever 3x leveraged products on stocks such as Robinhood (HOOD), Hims & Hers (HIMS) and UnitedHealth (UNH); expanded its single-stock leveraged suite in October-December 2025 with products on OPEN, CIFR, GRAB, DUOL, LAC, UPS, NU, NET, OKTA, TER, NEM, CMG, ABNB, SPOT and SBUX via Leverage Shares by Themes; cross-listed IncomeShares on Euronext Amsterdam in October 2025 to enhance options-based income access; and entered the crypto ETP market with listings at SIX Swiss Exchange in November 2025. The LS 1x JD.com Tracker ETP (JDX1.L, ISIN XS2337100676), issued by Leverage Shares plc, tracks the JD.com Tracker Investment Strategy for 1:1 exposure to JD.com Inc., complemented by related products like Leverage Shares 3x JD.Com ETP and -1x Short JD.Com ETP, trading on UK and European markets for equity asset class investors.