According to Mars Finance news on August 19, as reported by Marketscreener, the Swedish crypto trading company Safello announced the launch of the first physically-backed TAO exchange-traded product (ETP) in the European market. This ETP is planned to be listed on the SIX Swiss Exchange, Euronext Paris and Amsterdam, as well as Deutsche Börse Xetra, providing institutional and retail investors with an investment opportunity in the native token TAO of Bittensor.