Valour launches first ETP for Near Protocol’s native token
The exchange-traded product will be available on Sweden’s Spotlight Stock Market.
Crypto fund issuer Valour has launched an exchange-traded product (ETP) for Near Protocol’s native token, NEAR, according to a July 17 announcement from Valour’s parent company, DeFi Technologies (CBOE CA: DEFI).
The ETP will trade on Sweden’s Spotlight Stock Market, enabling retail and institutional investors to gain exposure to the decentralized application development platform, the announcement said.
Valour’s head of product, Elaine Buehler, said the new fund offering will allow investors to access an asset known for its “transformative impact on DeFi and NFTs,” referring to decentralized finance and non-fungible tokens.
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Author: Alex O’Donnell
