Swedish Spotlight Stock Market incorporates 20 crypto ETPs from Valour
Traditional investors have the option of selecting from a total of 45 exchange-traded products on the Spotlight Stock Market.
Spotlight Stock Market in Sweden has recently classified 20 new digital asset exchange-traded products (ETPs), which are now accessible to traditional investors. Valour, a subsidiary of DeFi Technologies, issued each one.
The quantity of ETPs traded on Spotlight has increased to 45 as a result of the recent bulk launch. Valour has issued all of them as digital asset offerings. Four of them are priced in euros, while the remaining ones are priced in Swedish kronor.
In June, Spotlight introduced its ETP segment with Valour’s Core products. Third-party management is responsible for the operation of numerous ETPs. In regards to the new launch, Johan Wattenström, the co-founder of Valour, stated:
“We are not only growing our portfolio; we are giving investors a front-row seat to blockchain innovation by releasing such a wide variety of groundbreaking goods all at once.”
There are more than 60 ETPs in Europe that Valour lists. The corporation has established a target of acquiring 100 ETPs by the conclusion of 2025. Valour and Spotlight first introduced the Dogecoin ETP in November.
Spotlight is one of three stock marketplaces in Sweden. The Nasdaq Nordic and Nordic Growth Market are the other two. In October, Valour transferred 19 ETPs from the Nordic Growth Market to Spotlight.
In November, Valour executed a memorandum of understanding with AsiaNext, a derivatives trading platform for institutions, and issuance platform Sov.fi to list Valour ETPs on AsiaNext’s Singapore-licensed securities exchange.
AsiaNext is a partnership between SBI Digital Asset Holdings of Japan and SIX Group of Switzerland, which operates the SIX Exchange in that country.
In August, Valour and Sov.fi executed a memorandum of understanding with the Nairobi Securities Exchange in Kenya to list Bitcoin and HBAR on the exchange.
Also Read: Google’s Quantum Computing Chip Casts Doubt on the Security of Bitcoin