As an analyst with over two decades of experience in the financial industry, I find Valour Inc’s rapid expansion into Europe and beyond to be a game-changing moment for both the company and the digital asset market. Having witnessed the meteoric rise of cryptocurrencies and their underlying technologies, I am not surprised by this development, but rather impressed by Valour’s strategic moves and execution.
Valour Inc, an innovative digital asset technology firm under the umbrella of DeFi Technologies, recently unveiled plans to debut 20 new Exchange-Traded Products (ETPs) on Sweden’s Spotlight Stock Market.
On Thursday, December 12th, as per the announced news, this is Valour’s biggest one-day launch of Exchange-Traded Products (ETPs). This expansion now brings their total listings on the stock exchange up to 45.
A Game-Changing Moment for Spotlight
In June of this year, Valour made its cryptocurrency ETP available on the Spotlight Stock Market. This move came as the company expanded its platform to accommodate investment products. At that time, Valour had only two crypto-related offerings: Core and HBAR ($0.29). Here’s a quick look at the latest stats for HBAR:
Over the course of just half a year, our collaboration has blossomed significantly, leading us to this notable launch of 20 innovative Exchange-Traded Products (ETPs). With this latest introduction, we now offer 45 products on the Spotlight Stock Market, and an additional 60 on various European exchanges. Valour is excited to announce that several of these ETPs are pioneering products in their respective categories.
Looking back, I can’t help but notice the explosive growth we’ve seen in the crypto market. As a passionate investor, I echo the sentiments of Anders Kumlin, CEO of Spotlight Stock Market, who pointed out that the appetite for digital asset-related products has been steadily increasing.
On June 25th this year, we introduced a new Exchange Traded Product (ETP) segment in partnership with Valour, who subsequently listed two tradeable instruments. In just under six months, we now have 45 ETPs available, reflecting the continuous surge in demand and interest for digital assets. The expansion of this segment has been remarkable, and we eagerly anticipate continuing to provide investors with cutting-edge digital assets alongside Valour, as stated by Kumlin.
The recently introduced ETPs feature an assortment of established digital assets including Bitcoin (BTC) and Ethereum (ETH), as well as upcoming names such as Sei, Render, and Aptos. As stated by the company, this varied collection provides investors with a distinctive opportunity to delve into a broad range of blockchain technologies, accommodating different investment preferences.
A Milestone for Valour
Launching 20 Exchange-Traded Products (ETPs) means more than just increasing numbers for Valour. As stated by Johanna Belitz, the company’s Head of Nordics, this introduction of new financial instruments marks a significant milestone in Valour’s mission to launch a total of 100 ETPs by the year 2025, an ambitious goal that underscores the company’s progress and growth.
Reaching this significant milestone signifies our determined effort to achieve our lofty objective of amassing 100 ETPs by the year 2025, demonstrating our unwavering commitment to offering secure, regulated, and inclusive avenues for digital asset investment. Instead of merely following the fast-paced developments in the crypto market, we are spearheading the movement to offer these prospects to investors via regulated products on established exchanges. This is according to Johan Wattenström, Co-Founder of Valour.
Valour is not limiting its grand aspirations to just the European market. They have unveiled intentions to broaden their services to investors in Africa, partnering with the Nairobi Securities Exchange for this purpose. This move, supported by SovFi, aims to introduce Exchange-Traded Products (ETPs) of well-known cryptocurrencies like Bitcoin, Ethereum, Solana, and Hedera to the African market.
In September 2024, Valour generated news in the UK by introducing an Ethereum staking ETP that is backed physically on the London Stock Exchange. This product, according to the company, allows institutional investors to simultaneously earn staking rewards and have a regulated, passive investment in Ethereum.
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2024-12-13 02:27