As a seasoned crypto investor with a knack for spotting promising opportunities, I find the recent surge of digital asset ETPs listed on Sweden’s Spotlight Stock Market to be quite intriguing. Having navigated through the turbulent waters of the crypto market over the past decade, I can confidently say that this move is not only expanding our investment options but also offering a gateway for traditional investors to tap into the cutting-edge world of blockchain technology.
20 new digital asset exchange-traded products (ETPs) have been added to the Spotlight Stock Market in Sweden, giving traditional investors access to these assets. These ETPs were all issued by Valour, a subsidiary of DeFi Technologies. In simpler terms, more ways for traditional investors to invest in digital assets have been made available through the listing of 20 new products on the Swedish Spotlight Stock Market, which are all managed by Valour, a company under DeFi Technologies.
A deluge of crypto ETPs
Through this recent mass launch, the total number of Exchange-Traded Products (ETPs) transacted on Spotlight now stands at 45. Notably, all these ETPs are digitally issued by Valour. Among them, four carry their value in euros, while the rest are valued in Swedish kronor.
In June, Spotlight introduced its Exchange-Traded Product (ETP) segment featuring Valour’s Core and Hedera offerings. Notably, several ETPs are handled by external parties. Regarding the latest rollout, Valour’s co-founder Johan Wattenström expressed his thoughts:
“By simultaneously introducing such a diverse range of innovative products, we are not merely expanding our portfolio — we are offering investors access to the forefront of blockchain technology.”
The assets in the new ETPs are Aave (AAVE), Aerodrome Finance (AERO), Akash Network (AKT), Aptos (APT), Arweave (AR), ASI (FET), Fantom (FTM), Injective (INJ), Jupiter (JUP), Kaspa (KAS), Lido DAO (LDO), Metis (METIS), Pendle (PENDLE), Pyth Network (PYTH), Render (RENDER), Sei (SEI), Starknet (STRK), THORChain (RUNE), Worldcoin (WLD), Wormhole (W).
Valour boasts more than 60 Exchange-Traded Products (ETPs) across Europe, with a target to increase this number to 100 by the year 2025. Recently, Valour and Spotlight debuted the first Exchange-Traded Product based on Dogecoin (DOGE), which was launched in November.
Valour going global
One way to rephrase this statement could be: Among Sweden’s three stock exchanges, Spotlight is one of them. The other two are Nasdaq Nordic and Nordic Growth Market. In October, Valour transferred 19 Exchange-Traded Products (ETPs) from the Nordic Growth Market to Spotlight.
In November, Valour entered into an agreement known as a Memorandum of Understanding with AsiaNext, a professional trading platform for institutional clients, and Sov.fi, an issuance platform. This agreement aims to list Valour Exchange Traded Products (ETPs) on AsiaNext’s securities exchange in Singapore, which is licensed.
AsiaNext is a collaborative effort between SBI Digital Asset Holdings from Japan and the Swiss SIX Group, who run the SIX Exchange in their country.
In August, Valour and Sov.fi entered into an agreement with the Nairobi Stock Exchange in Kenya for the purpose of listing Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and HBAR on their platform.
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2024-12-12 21:36