Digital asset ETP issuer Valour has announced the launch of Valour Uniswap (VALOUR UNISWAP – CH1114178846) on the Boerse Frankfurt Zertifikate AG.
The firm writes that the Valour Uniswap ETP enables investors to gain exposure to UNI, the native token of the world’s largest decentralised exchange, Uniswap, simply and securely, via their bank or broker.
Uniswap, the world’s most popular decentralised exchange (DEX), has been experiencing unprecedented growth, with currently USD4.8 billion in total liquidity in the platform. An open source protocol built on the Ethereum Blockchain, it is a liquidity provider for the trading of tokens on the Ethereum network known as ERC-20 tokens. Uniswap Labs has shared that this past weekend, the Uniswap protocol passed USD500 billion in total trading volume since its launch in November 2018.
Valour CEO Diana Biggs says: “The future of financial services is being built on emerging protocols such as Uniswap, which to date has not been accessible via traditional stock exchanges. At Valour, our mission is to provide investors with the opportunity to gain exposure to areas of innovation, in particular to decentralised finance (DeFi). Our Uniswap ETP, a world’s first, will do just that. We are extremely bullish on DeFi and are working hard to bring more products such as Valour Uniswap to market, making this important ecosystem of innovation available via mainstream investment channels.”
As of 25 October 2021, Valour has surpassed USD290 million in assets under management from the trading of its products on the Nordic Growth Market (NGM) and Frankfurt stock exchanges. The firm writes that this achievement marks an exceptional first 10 months of 2021, which has seen AUM grow more than 3033 per cent since the start of the year.