Valour Lists BNB ETP on German Stock Exchange Börse Frankfurt

Valour Inc, a fintech company that focuses on bridging traditional capital markets with decentralized finance (DeFi) through exchange-traded products (ETP), has added Binance Coin (BNB) to its list of ETPs on Börse Frankfurt. Per the announcement, the new BNB ETP is now available for trading at the German stock exchange.

Valour Unveils New Binance Traded ETP

As an exchange-traded product that tracks other indexes or financial products, the new Valour Binance (BNB) EUR ETP (CH1149139672) is set to track the price of BNB, the utility and governance token of the Binance Chain.

The Swiss-based publicly traded technology company had previously added support to other cryptocurrencies ETPs like Bitcoin (BTC), Uniswap (UNI), Cardano (ADA), Polkadot (DOT), and Solana (SOL), among others listed on European stock exchanges and other trading platforms. 

Marco Infusco, the Chief Sales Officer at Valour, noted that gaining exposure to virtual assets through the company offers investors certain benefits like risk reduction, standardization, and operational efficiency of the centrally cleared product listed on licensed stock exchanges. 

Speaking on the latest development, Russell Starr, the CEO of Valour, believes that the company’s low-fees model will help bolster consumers’ interest in the newest ETP product. 

“BNB is a dynamic digital asset. By offering exposure to this token on Börse Frankfurt, Valour is enabling investors to safely and securely gain exposure through a distinguished and reputable exchange. I am confident that our low fee model will drive interest in our Valour (BNB) ETP as more investors seek to diversify with digital assets,” said Starr. 

Valour Partners German Broker justTRADE

Before the debut of the latest ETF product, the company had secured a partnership with German online brokerage firm justTRADE to promote Valour’s crypto ETF products in Germany. 

Under the terms of the agreement, Valour will become the primary provider of crypto-related products for the justTRADE savings plan program dubbed Sparplan by the end of the year.

The financial product issuer will provide its full suite of listed products, including BTC and Ethereum (ETH), to justTRADE’s customers in the region. 

The partnership also marks the brokerage company’s first entry into the crypto industry, allowing its customers to add virtual currencies to their bank accounts with “Valour’s zero management fees exclusive to Bitcoin and Ethereum” products. 

Source: https://coinfomania.com/valour-lists-bnb-etp-on-german-stock-exchange-borse-frankfurt/#utm_source=rss&%23038;utm_medium=rss&%23038;utm_campaign=valour-lists-bnb-etp-on-german-stock-exchange-borse-frankfurt