DeFi Technologies Inc. has facilitated the expansion of Valour’s three ETPs into the Euronext Exchange. Three ETPs, Polkadot, Solana and Cardano are now available to investors as of April 6th.
What Are The Details?
In the last few years, cryptos have gained traction and become part of the mainstream financial system. Thus, many unexplored opportunities have come about as the new digital assets were inaccessible from the traditional capital markets. However, in Europe, exchanges have taken initiative and sought to bring these digital assets closer to institutional investors.
In a bid to bridge the gap that existed between the modern and traditional markets, DeFi Technologies Inc. made the bold move. The company is renowned for its stance on improving investor access to digital products. This new development provides new opportunities for investors by allowing them to access “the future of money”.
The move is visionary given that it brings together the decentralized finance entities and those of the traditional capital market. The development will allow investors to securely obtain or gain exposure to the three tokens via their brokers or bank. Thus, by taking advantage of Europe’s largest stock exchange, the company aims to shape the future of financial investment.
In an announcement made, the company stated that its subsidiary, Valour Inc., would make its tokens available on the Euronext exchange. Therefore, investors will access enlisted Valour Cardano (ADA), Valour Polkadot (DOT), and Valour Solana (SOL) tokens made available in Paris and Amsterdam.
Investors will be able to acquire and trade for the tokens in a secure system. The model also allows investors to access the tokens without having to engage in the hassle of opening a crypto wallet. According to a statement provided by the startup, Valour’s package will offer a low-fee investment model and peerless access to emerging classes of digital assets. This package will enable investors to use the regulated exchanges they are familiar with in a bid to shape the future of the global financial sphere.
What it Means for Valour DeFi
The move is a key step in making cryptocurrencies mainstream. Through the enlistment of the tokens, institutional investors can now dive into the foray and put money into digital assets. For the company: DeFi Technologies Inc, the move makes them a front runner in the future of crypto investment. The company has secured a foothold in the transition by bringing together the two juggernauts of the financial investment sphere. This makes it a prime hub for future innovation and investment.
On the other hand, the move is also going to highly benefit the investors. As per the announcement, the entry of Valour’s ETPs will allow the institutional investor to access a variety of digital assets. This access provides the investors with an opportunity to diversify their investment portfolios in a manner that did not exist before.
The use of regulated and familiar exchanges to carry out the process adds to the benefits of the move. Investors’ concerns relating to obtaining information, their assets’ security and volatility can be addressed in the improved system.
Source: https://crypto.news/valours-defi-etp-euronext-exchange/