Denmark's Crown Prince Christian has successfully completed his mandatory military service, marking a significant milestone in his journey towards the throne. The 19-year-old heir, following in the footsteps of his father King Frederik X, has qualified as a Guards Hussar after enduring the rigorous REX tour, a four-day exercise that tests the limits of conscripts with minimal sleep and food rations. The Danish royal household released photos and videos showcasing the prince's dedication and resilience during the training, highlighting his commitment to his future role as king.
The REX tour, a traditional and demanding part of the military service in Denmark, involved two phases: readiness and guarding, followed by task solving under challenging conditions. Crown Prince Christian, serving as the second-in-command of his platoon, marched approximately 65 kilometers with full equipment, surpassing the standard 50 kilometers covered by his fellow conscripts. His completion of the exercise not only earned him the REX badge but also paved the way for his upcoming Lieutenant's training, set to begin in August 2025.
The royal household's announcement sheds light on the prince's rigorous preparation for his future responsibilities. Crown Prince Christian's military training is a testament to the Danish constitution's requirement for every male over 18 to complete military service, a tradition that strengthens the bond between the monarchy and the armed forces. His father, King Frederik, also underwent extensive military training, including service in elite units, underscoring the importance of military service in the royal family's preparation for leadership.
As Crown Prince Christian transitions to Lieutenant's training, his journey reflects a blend of tradition and modernity in the Danish monarchy. His recent experiences, from military exercises to conservation efforts in East Africa, illustrate a well-rounded preparation for kingship. With the royal family's support and the nation's eyes on his progress, the future king continues to embody the values of duty, service, and resilience that define the Danish royal legacy.
Swedish digital asset manager Virtune has launched what it claims is Europe's most cost-efficient Sui exchange-traded product (ETP) on Euronext Paris, marking another step in the company's expansion across European markets. The Virtune Sui ETP, with the ticker VRTU, provides investors with exposure to the Sui cryptocurrency through a regulated, physically backed investment vehicle. This launch comes as Virtune continues to build its position as one of the leading issuers of regulated crypto ETPs in Europe.
The new ETP features an industry-leading 0.95% annual management fee, making it the most cost-efficient Sui ETP available to European investors. Virtune plans to further expand the product's distribution by listing it on local German exchanges, including gettex and Tradegate, to improve accessibility for German investors. The company has established itself as a trusted provider in the digital asset space, serving over 150,000 investors since its launch just over two years ago.
Security and regulatory compliance remain central to Virtune's approach, with Coinbase serving as the crypto custodian for all of the company's ETPs. The underlying crypto assets are held in cold storage, providing institutional-grade security for investors. This infrastructure supports Virtune's commitment to offering European investors secure, transparent, and regulated access to digital asset markets through traditional investment channels.
Christopher Kock, CEO of Virtune, emphasized the company's mission to make innovative digital assets more accessible to investors. "We are excited to launch the most cost-efficient Sui ETP in Europe, reinforcing our mission to make innovative digital assets more accessible to investors," Kock stated. The launch strengthens Virtune's position as it manages more than $475 million in assets across its product offerings, continuing its growth trajectory in the European digital asset management landscape.