Valour Inc., a DeFi Technologies subsidiary, transferring 19 ETPs to Stockholm for market expansion

From GlobeNewswire: 2024-10-19 09:37:11

Valour Inc., a subsidiary of DeFi Technologies, will transfer 19 of its ETPs from the Nordic Growth Market to the Spotlight Stock Market in Stockholm to strengthen its position in the Nordic ETP market. Last year, the ETPs generated approximately 14.3 billion SEK (1.3 billion USD) in trading volume. This move will increase their listings on Spotlight to 23, positioning the company for greater liquidity and market expansion. The transfer is set to take place on October 21, 2024, with popular products based on Bitcoin, Ethereum, and Solana among those being transferred. The decision marks a significant strategic step in Valour’s growth strategy in the Nordic region.

DeFi Technologies Inc., a leading financial technology company focused on merging traditional capital markets with decentralized finance, is pleased to announce that its subsidiary Valour Inc. will be delisting 19 ETPs from the Nordic Growth Market and relisting them on the Spotlight Stock Market in Stockholm on October 21, 2024. This move is part of Valour’s strategic growth plan in the Nordic market and aims to strengthen the company’s position in the ETP segment, particularly in digital asset-related instruments. The ETPs generated a trading volume of approximately 14.3 billion SEK (1.3 billion USD) in the last twelve months, and the shift to Spotlight is expected to support continued strong growth and increased liquidity. Spotlight CEO Anders Kumlin expressed satisfaction with the collaboration, highlighting the potential for increased international trading. Valour aims to become Europe’s leading platform for crypto ETPs, with plans to double their listings on Spotlight in the future.



Read more at GlobeNewswire: Valour, Tochtergesellschaft von DeFi Technologies, stärkt