Blockchain
DeFi Technologies Expands European Investor Access to Emerging DeFi Assets by Listing Terra and Avalanche ETPs on the Frankfurt Stock Exchange
DeFi Technologies Inc., a technology company bridging the gap between traditional capital markets and decentralized finance, announced today that its wholly-owned subsidiary Valour Inc., an issuer of digital asset exchange-traded products (“ETPs“), has listed two of its low fee ETPs tracking the price of the digital assets, Valour Terra and Avalanche on Boerse Frankfurt Zertifikate AG.
Valour’s ETPs precisely track the price of digital assets and offer a cost-effective, easy and secure way for retail and institutional investors to access the benefits of investing in the growing world of digital assets. The Terra and Avalanche ETPs join Valour’s Bitcoin Zero and Ethereum Zero along with Valour Uniswap ETP, Valour Cardano ETP, Valour Pokadot ETP, and Valour Solana ETP on Boerse Frankfurt Zertifikate AG.
“We have seen an incredible demand for regulated, exchange-traded investment vehicles linked to digital assets beyond just Bitcoin, and listing Valour’s Terra and Avalanche ETPs on the Frankfurt exchange is an important step in DeFi Technologies’ mission to enable millions of investors to participate in the transformation of the world’s financial infrastructure,” said Russell Starr, CEO of DeFi Technologies. “But providing access solves only one challenge for investors. That is why we go one step further to structure our products at the lowest cost possible, enabling investors to maximize the benefits of accessing these emerging asset classes.”
The Valour Terra ETP tracks the performance of LUNA, the native token of the Terra protocol, a leading decentralized and open-source public blockchain protocol for algorithmic stablecoins. LUNA is among the top ten cryptocurrencies in the world by market capitalization, currently at USD $33.2 billion¹.
The Valour Avalanche (AVAX) ETP tracks the performance of AVAX, the native token of the Avalanche platform. Avalanche is an open, programmable smart contracts platform for decentralized applications aiming to rival Ethereum due to its high speed. AVAX is among the top fifteen cryptocurrencies in the world by market capitalization, currently at USD $22.7 billion².
“Following our recent success with Terra and Luna in Sweden we are now also listing them in Germany,” said Tommy Fransson, CEO of Valour. “With these listings, we now offer German investors our full suite of current ETPs.”
Valour offers fully hedged digital asset exchange-traded products across multiple European exchanges with low to zero management fees. Valour’s Uniswap (UNI) ETP is the world’s first and only, with Cardano (ADA), Polkadot (DOT) and Solana (SOL) ETPs the first of their kind in the Nordics. Valour’s Bitcoin Zero and Ethereum Zero remain the first and only fully hedged, passive investment products for Bitcoin (BTC) and Ethereum (ETH) which are completely fee-free, with competitors charging up to 2.5% in management fees.
Learn more about DeFi Technologies and Valour at defi.tech and valour.com.
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CoreNest Capital, Sologenic’s VC partner, invests in Texture, a U.S.-based broker-dealer, to launch SoloTex, a new platform for trading tokenized equities
Sologenic + Texture = SoloTexAs a result of a strategic partnership between the Sologenic Development Foundation and Texture Capital Inc., a FINRA—and SEC-licensed broker-dealer, SoloTex aims to be the ultimate gateway to tokenizing and trading capital markets on demand.This innovative approach leverages tokenization to introduce features like enhanced liquidity, fractional ownership, and quicker settlement processes, offering a more efficient way to manage and exchange assets.Join the waitlist at SoloTex.com to learn more.
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