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CryptoIntelligence 2024-07-19 04:22:00

Valour Launches NEAR Token ETP on Sweden’s Spotlight Stock Market

Crypto fund issuer Valour has announced the launch of an exchange-traded product (ETP) for Near Protocol’s native token, NEAR, according to a July 17 statement from Valour’s parent company, DeFi Technologies (CBOE CA: DEFI). The new ETP will trade on Sweden’s Spotlight Stock Market, providing both retail and institutional investors with exposure to the decentralized application development platform, the announcement revealed. Elaine Buehler, Valour’s head of product, stated that the new fund offering would allow investors to access an asset known for its “transformative impact on DeFi and NFTs,” referring to decentralized finance and non-fungible tokens. Near Protocol is designed

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