Valour, a subsidiary of DeFi Technologies, launched the Valour Dogecoin (DOGE) ETP on Sweden’s Spotlight Stock Market. The ETP allows retail and institutional investors to gain exposure to the world’s largest memecoin, Dogecoin (DOGE). 

The launch of the Valour Dogecoin (DOGE) ETP expands Valour’s digital asset products, offering investors exposure to the world’s largest memecoin by market cap without direct DOGE ownership. 

Traditional Finance Seeks Access to Memecoins

The parent company of Valour Inc., DeFi Technologies, announced the introduction of Valour Dogecoin (DOGE) ETP on Sweden’s Spotlight Stock Market. The launch marks the first Dogecoin ETP available in the Nordics, allowing retail and institutional investors to gain exposure to DOGE without directly owning Dogecoin. DeFi Technologies, a crypto-native tech company at the forefront of merging traditional capital markets with DeFi, said its subsidiary Valour, a leading issuer of exchange-traded products (ETPs), now offers investors a simple and secure way to gain exposure to Dogecoin, which currently holds a market cap of $59.53 billion and is the 7th largest digital asset globally. 

Dogecoin Surges on the Back of US Election

The Valour Dogecoin (DOGE) ETP grants investors exposure to Dogecoin’s performance without directly owning the cryptocurrency. Through a management fee of 1.9%, the ETP provides investors a secure avenue to participate in the crypto market.