Valor Digital Securities, a subsidiary of DEFI Technologies (Skillful)made his debut Stock market promenade (ETP) On the London Stock Exchange, widening the scope of a product that began to negotiate in Germany almost a year ago.
Bitcoin 1 Valour Bitcoin (1vbs) The product offers exposure to professional and institutional investors in Bitcoin with an additional annual return return of 1.4% and is available on the XXTRA platform of Deutsche Börse since November 5, 2024. It has now been traded on several European exchanges.
Each part is supported in 1: 1 with the bitcoin kept in cold storage by copper. The yield is added to the value of net assets (Nav)which is published daily with the rights and indicative prices.
DEFI Technologies actions dropped by 3.12% to reach $ 2.63 in early NASDAQ trade.
Access to the new London ETP is limited to professional investors under the current British rules. Retail investors will be able to access negotiated tickets in exchange for crypto (Etns) On recognized investment exchanges such as the LSE from October 8, under the Financial Conduct Authority (FCA) rules.