Sweden’s Spotlight Stock Market has made a significant move by launching 20 new crypto stock exchange-traded products (ETPs). This action is set to expand access to digital asset investments for traditional investors.
Valour, which is a subsidiary of DeFi Technologies and a leading European provider of digital asset products, is the one that issued these new ETPs.
Valour’s Record-Breaking ETP Launch and Its Significance
Strengthening Its Position in the Regulated Crypto Space
According to the press release, this launch is Valour’s largest single-day ETP launch. It has expanded its portfolio to over 60 ETPs across European exchanges. This helps solidify Valour’s position as a leader in providing regulated access to digital assets. It offers investors a secure and simplified way to get exposure to cutting-edge blockchain technologies.
With this launch, Valour has achieved its goal of having more than 50 ETPs by the end of the year. Moreover, it has set an ambitious target of reaching 100 ETPs by the end of 2025. The firm aims to make digital assets more accessible to a wider range of investors by offering a broad variety of products that meet different investor interests.
The new ETPs give investors a regulated way to enter innovative blockchain ecosystems. These ecosystems include things like high-speed Layer 1 blockchain, AI integration, decentralized storage, and advanced DeFi solutions.
Johan Wattenström, co-founder of Valour, stressed the importance of this expansion. He said, “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 newly listed ETPs cover many digital assets, such as Aave (AAVE), Aerodrome Finance (AERO), Akash Network (AKT), Aptos (APT), Arweave (AR), Fetch.ai (FET), Fantom (FTM), Injective (INJ), Jupiter (JUP), Kaspa (KAS), Lido DAO (LDO), Metis (METIS), Pendle (PENDLE), Pyth Network (PYTH), Render (RNDR), Sei (SEI), Starknet (STRK), THORChain (RUNE), Worldcoin (WLD), and Wormhole (W).
Valour’s Global Expansion of Crypto ETPs
From Sweden to Africa and Other Regions
Spotlight made its first appearance in the ETP space in June with offerings that included Valour’s Core (CORE) and Hedera (HBAR). Many of the ETPs available on Spotlight are managed by third-party operators.
The company has been innovative. For example, it launched the first Dogecoin (DOGE) ETP in November. This product started trading on Sweden’s Spotlight Stock Market, allowing both retail and institutional investors to get exposure to Dogecoin in a regulated fund wrapper.
Spotlight is one of Sweden’s three stock exchanges, along with Nasdaq Nordic and Nordic Growth Market.
In October, Valour moved 19 of its ETPs from the Nordic Growth Market to Spotlight, consolidating its offerings onto a single platform.
Valour also has a physically backed Ethereum staking ETP, which was introduced on the London Stock Exchange in September. This ETP gives institutional investors passive, non-leveraged exposure to Ethereum (ETH) while they can earn staking rewards.
Valour is now expanding its crypto ETP offerings to African markets. It has partnered with the Nairobi Securities Exchange. With the support of SovFi, this includes ETPs for Bitcoin, Ethereum, Solana, and Hedera.
Furthermore, Valour is committed to providing secure and regulated digital asset investment options all around the world. It is also expanding its presence in Asia. In November, Valour signed a memorandum of understanding with AsiaNext, a Singapore-licensed securities exchange, to list ETPs. AsiaNext is a joint venture between Japan’s SBI Digital Asset Holdings and Switzerland’s SIX Group, which has further boosted Valour’s global influence in the crypto ETP market.
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