DeFi Technologies has launched Valour Polkadot (DOT) EUR and Valour Cardano (ADA) EUR exchange-traded products on Frankfurt Stock Exchange.
Source: PR Newswire
DOTUSD is down -0.17%, ADAUSD is up +0.47%
The two ETPs, which track the price of Polkadot’s DOT and Cardano’s ADA, are expected to trade beginning February 14, 2022.
The two products will offer retail and institutional clients exposure to DOT and ADA digital assets through their banks or brokers.
The CEO of Valour, Tommy Fransson, notes that the ETPs have registered increasing interest in Scandinavia, where they are currently listed.
Fransson adds that the move seeks to expand its product base in Germany through the two assets.
Valor focuses on fully hedged digital assets ETPs listed in four European exchanges which attract minimal to zero management fees. Its primary offering, Bitcoin Zero, is a fully hedged investment product.
DeFi Technologies links traditional capital markets and decentralized finance.