Valour, a subsidiary of DeFi Technologies and a cryptocurrency ETP issuer, has made an important announcement regarding Bitcoin (BTC) and Ethereum (ETH).
According to the official announcement, Valour has launched BTC and ETH staking ETPs for individual investors in the UK.
Valour announced that it has received approval from the UK Financial Conduct Authority (FCA) to offer cryptocurrency ETFs to retail investors.
Following this approval, the company’s 1Valour Bitcoin (BTC) Physical Staking and 1Valour Ethereum (ETH) Physical Staking products began trading on the London Stock Exchange (LSE) on January 26.
Valour, after previously offering its products for professional investors on the LSE, is expanding its reach to retail investors in the UK.
Following the launch of the asset-backed Ethereum Physical Staking ETP for professional investors and the world’s first physically backed Bitcoin Staking ETP, Valour is pleased to offer these products to retail investors in the UK.
Johan Wattenström, Chairman and CEO of DeFi Technologies, said, “The UK is one of the world’s leading financial markets, and these approvals expand our ability to serve individual investors in the UK with transparent, exchange-traded products that provide direct access to the burgeoning digital asset economy.”
*This is not investment advice.
