The Frankfurt Stock Exchange added to its listing an exchange-traded product (ETP) based on Solana (SOL) from Valour, a subsidiary of DeFi Technologies.
DeFi Technologies ( $DEFI, $DEFTF, $RMJR ) Announces Approval to Begin Trading #Solana Exchange Traded Product (ETP) on the @boersefrankfurt Exchange https://t.co/woX8aSMAY4
— DeFi Technologies (@DeFi_NEO) February 1, 2022
Trading of Valour’s Solana ETP on the platform began on February 2.
The Swiss firm launched the product in September 2021 with a listing on the Nordic Growth Market. The ETP tracks the price of the SOL token and is physically backed by digital assets.
CEO DeFi Technologies Russell Star announced further expansion of the product offering for investors on European exchanges.
«We also expect to roll out several new ETPs in the near term and, ultimately, launch our entire lineup on the Euronext exchange, the world’s fourth-largest»
Earlier, Valour announced the launch of an ETP based on the native token of the Uniswap decentralized exchange.
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