Digital ETP issuer Valour Inc has received approval to begin trading Valour Polkadot (DOT) EUR and Valour Cardano (ADA) EUR on the Frankfurt Stock Exchange.
The firm writes that the new ETPs will enable both retail and institutional investors to gain exposure to the native tokens of the Polkadot and Cardano networks as easily as buying shares from their bank or broker.
“We are expanding our product offerings in the large German market through these listings on Boerse Frankfurt. In Scandinavia, where Valour Polkadot and Cardano are already listed, we have seen a big interest in these crypto assets. We look forward to empowering more investors throughout Europe to have access to leading industry ETPs”, says Tommy Fransson, CEO of Valour.
The Valour Polkadot (DOT) EUR ETP (ISIN CH1114178812) precisely tracks the price of DOT, the native token of the Polkadot protocol. The Polkadot network, after years of development, has advanced in bringing Ethereum Virtual Machine (EVM compatibility) to its parachain network by onboarding Moonbeam GLMR. Valour’s Polkadot ETP makes investment in this leading decentralised platform simple, secure, and cost-effective. DOT is currently among the top fifteen cryptocurrencies in the world by market capitalisation, at USD21.65 billion as of Feb 10, 2022.
The Valour Cardano (ADA) EUR ETP (ISIN CH1114178820) tracks the performance of the native token of Cardano, the governance token of the world’s largest decentralised exchange. Valour’s Cardano ETP makes investment in this leading decentralised finance (DeFi) platform cost-effective, easier and more secure. DOT is currently among the top 10 cryptocurrencies in the world by market capitalisation, at USD40.18 billion as of Feb 10, 2022.