DeFi Technologies Inc. Expands Offerings with New ETPs for Nordic Digital Asset Investors
- DeFi Technologies Inc. launched two new ETPs, expanding access to diverse digital assets for Nordic investors.
- The new ETPs include Curve DAO and Litecoin, enhancing investment options beyond Bitcoin and Ethereum.
- Valour aims for over 100 ETPs by 2025, emphasizing innovation and strong market fundamentals in product development.
DeFi Technologies Inc. Expands Digital Asset Offerings with New ETPs
DeFi Technologies Inc. continues to strengthen its presence in the digital asset sector with the recent launch of two new exchange-traded products (ETPs) by its subsidiary, Valour Inc. on the Spotlight Stock Market in Sweden. The new offerings, the Valour Curve DAO (CRV) SEK ETP and the Valour Litecoin (LTC) SEK ETP, signify a strategic move to provide Nordic investors with regulated access to a diverse range of digital assets beyond the traditional Bitcoin and Ethereum. The introduction of these products aligns with Valour’s mission to meet the increasing demand for transparent investment options in the rapidly evolving cryptocurrency landscape.
The CRV ETP is designed to offer exposure to the Curve DAO, a decentralized exchange currently valued at approximately $940 million. This product enables investors to tap into the growing decentralized finance (DeFi) ecosystem, which has gained traction in recent years due to its innovative features and potential for high returns. Similarly, the LTC ETP caters to investors interested in Litecoin, a well-established cryptocurrency with a market capitalization of $6.6 billion. Both ETPs come with a management fee of 1.9%, ensuring that investment remains accessible through traditional brokerage accounts, thus enhancing liquidity and ease of access for investors.
Valour’s Head of Nordics, Johanna Belitz, emphasizes that the demand for diverse digital asset investment products is on the rise among Nordic investors. The launch of these ETPs brings Valour’s total offerings to over 65, inching closer to its ambitious target of 100 ETPs by the end of 2025. This expansion reflects a commitment to innovation and meeting investor needs in a market characterized by rapid change. Looking ahead, Valour plans to introduce additional products across existing European exchanges and explore new opportunities in growing markets across the Middle East, Asia, and Africa.
In a related development, Elaine Buehler, Head of Products at Valour, highlights the strong market fundamentals and real-world utility of the newly launched ETPs. This focus on tangible benefits for investors underscores Valour’s strategic approach to product development in the digital asset space. As the company continues to lead in offering regulated investment products, it reinforces its position as a key player in the evolving financial landscape.
