Floki DAO allocates liquidity for Floki ETP launch on SIX Swiss Exchange in Q1 2025.

From Investing.com

January 1, 2025 9:30:33 AM:

The Floki DAO has voted to allocate liquidity for a Floki Exchange-Traded Product (ETP), with overwhelming community support. 16,310,285,772.6 FLOKI tokens will be redirected for the ETP, set to launch on the SIX Swiss Exchange in Q1 2025. This move solidifies Floki’s integration into traditional financial markets, bridging the gap between crypto and traditional investments.

Floki’s ETP creation is driven by a leading asset manager and ETP Issuer, aiming to provide a secure, regulated way for institutional and retail investors to access, buy, and hold FLOKI. The U.S. CFTC recently recognized Floki as a utility token, alongside ETH and AVAX, due to its real-world utility in the Valhalla NFT-based metaverse game launching in early 2025. Floki remains committed to pushing adoption and innovation within its ecosystem.

Floki is a people’s cryptocurrency and utility token focused on utility, community, philanthropy, and strategic marketing. With over 490,000 holders worldwide, Floki is working towards becoming the most recognized and used cryptocurrency. Learn more at floki.com.

Read more at Investing.com: FLOKI DAO Unanimously Votes to Provide Liquidity for Floki ETP Launch By Chainwire