Valour launches first bitcoin staking ETP on London Stock Exchange

DeFi Technologies Inc. (NASDAQ: DEFT) subsidiary Valour Digital Securities Limited launched the 1Valour Bitcoin Physical Staking exchange-traded product on the London Stock Exchange Main Market on September 18.

The ETP (ISIN: GB00BRBV3124) offers investors a 1.4% annual staking yield reflected in the net asset value at the end of each trading day. The product is backed 1:1 with physical bitcoin held in institutional-grade cold storage with Copper.

The ETP provides regulated access to bitcoin with yield generation for professional investors and institutions. Holdings are secured using multi-party computation technology, and the product publishes daily net asset value, bitcoin entitlements and indicative prices.

"We are proud to unveil the world's first Bitcoin Staking ETP to be listed on the London Stock Exchange," said Olivier Roussy Newton, CEO of DeFi Technologies. "With this product, Valour currently offers investors the ability to earn a yield of 1.4% on properly custodied Bitcoin from a regulated, exchange-listed instrument."

The ETP is available to professional investors in both GBP and EUR currencies. Valour operates over 85 ETPs across major European venues including the London Stock Exchange, Spotlight Stock Market, Börse Frankfurt, SIX Swiss Exchange and Euronext.

DeFi Technologies bridges traditional capital markets and decentralized finance through its subsidiaries including Valour, Stillman Digital, Reflexivity Research, Neuronomics and DeFi Alpha. The company trades on NASDAQ under ticker DEFT, CBOE CA under DEFI, and in Germany under R9B.

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