DeFi Technologies’ subsidiary Valour Inc. recently announced the launch of a physical backed Exchange Traded Product (ETP) for the Internet Computer Protocol (ICP) token (ISIN: GB00BS2BDN04). The ETP has been available for trading since February 14, 2024. The Internet Computer Protocol (ICP) is known for its blockchain platform designed to elevate the functionality of Web3. With a substantial market capitalization of around $6 billion, the Internet Computer has positioned itself as a leading innovator in the blockchain space. In fact, the ICP token ranks among the top 20 cryptocurrencies globally.
DeFi Technologies Inc. (the “Company” or “DeFi Technologies”) (NEO: DEFI) (GR: MB9) (OTC: DEFTF), a crypto native technology company, is excited to share the news of its subsidiary Valour Inc.’s launch of a physical backed staking ETP for the ICP token (ISIN: GB00BS2BDN04). Valour Inc. specializes in issuing exchange traded products (ETPs) and delivers simplified access to digital assets, allowing retail and institutional investors to diversify their portfolios with high-quality digital assets.
The Valour Internet Computer Protocol (ICP) ETP offers a way for investors to securely and reliably gain exposure to the Internet Computer ecosystem. It opens the door for participation in a decentralized web platform that seeks to redefine the future of the digital landscape. This product expansion demonstrates DeFi’s commitment to offering a broader spectrum of high-quality digital assets and exemplifies its dedication to diversity and innovation in the investment landscape.
Valour has collaborated with Copper.co, a leading institutional digital asset custodian, to provide the necessary institutional support on the ICP network. This partnership has allowed for the secure storage and staking of ICP tokens within Copper’s infrastructure, providing investors with a framework for reliable exposure to the underlying technology of ICP tokens.
Moreover, the collaboration provides safe and convenient access to ICP tokens through traditional brokers, banks, and platforms, thereby integrating ICP into every portfolio. Importantly, this marks another milestone in crypto adoption for European clients, as stated by Marco A. Infusion, Chief Sales Officer at Valour Europe AG.
For more information, visit the Internet Computer’s official website: https://internetcomputer.org.
DeFi Technologies Inc. (NEO: DEFI) (GR: MB9) (OTC: DEFTF) is a crypto native technology company that focuses on converging traditional capital markets with the world of decentralized finance. Backed by industry-leading Web3 technologies, DeFi Technologies aims to provide widespread investor access to the future of finance.
For Valour’s exchange traded products (ETPs) and retail and institutional access to digital assets like Bitcoin, Ethereum, and other cryptocurrencies, visit: valour.com.
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