DeFi Technologies Inc., a technology company bridging the gap between traditional capital markets and decentralised finance, announced today that Valour Inc., its wholly owned subsidiary and a pioneer in digital asset exchange traded products (“ETPs”), has partnered with SEBA Bank and MarketVector Indices (“MVIS”) to launch the SEBA VALOUR Metaverse Index (SVMETA).
The SVMETA index is an investable index for tokens building for the Metaverse that provides exposure to crypto assets related to gaming, entertainment and social interactions within the virtual and augmented reality world.
“The metaverse has incredible potential to change the way we interact with technology and the world around us, like how the internet altered that same intersection,” said Tommy Fransson, CEO at Valour. “This product enables people to invest in that potential – taking part in the next big technological revolution.”
SVMETA is a rules-based index that covers the CCCAGG pricing and is calculated in USD as a price index. The index is reviewed on a monthly basis. Detailed information about the index, including methodology details and index data, is available here.
“The Metaverse is the next iteration of the internet. It is a 3D virtual world that will allow users to interact with their environments and other Metaverse users. Apart from its massive entertainment potential, the Metaverse is expected to create its own ecosystem of commercial avatars, thereby creating incredible investment opportunities,” said Gregory Mall, Head Investment Solutions at SEBA Bank. “The SEBAV Metaverse Index engineered by SEBA Bank in collaboration with MVIS and Valour provides exposure to digital assets designed to capture the accelerating trends of gaming, entertainment and social interactions shifting into virtual environments. SEBA V constituents include tokens with exposure to the Metaverse which are selected based on their market capitalization and liquidity,” he continued.
With this latest development, DeFi Technologies is further advancing its mission of integrating the foundational assets of the new digital economy into legacy financial institutions. Through Valour, DeFi Technologies offers 27 unique ETPs based on 8 of the highest performing DeFi tokens. These ETPs include Bitcoin Zero and Ethereum Zero, the only zero-fee synthetic crypto ETPs currently traded in Europe.
DeFi Technologies Inc. is a technology company bridging the gap between traditional capital markets and decentralized finance. Our mission is to expand investor access to industry-leading decentralized technologies which we believe lie at the heart of the future of finance. On behalf of our shareholders and investors, we identify opportunities and areas of innovation, and build and invest in new technologies and ventures in order to provide trusted, diversified exposure across the decentralized finance ecosystem.
Valour Inc. issues exchange-listed financial products that enable retail and institutional investors to access investment in disruptive innovations, such as digital assets, in a simple and secure way. Established in 2019 and based in Zug, Switzerland, Valour is a wholly owned subsidiary of DeFi Technologies Inc.
Founded in April 2018 and headquartered in Zug, SEBA Bank is a pioneer in the financial industry and is the only global smart bank providing a fully universal suite of regulated banking services in the emerging digital economy. In August 2019, SEBA Bank received a Swiss banking and securities dealer licence, and in September 2021 the CISA licence – the first time a reputed, regulatory authority such as FINMA has granted such licences to a financial services provider with a core capability in digital assets. In February 2022 SEBA Bank secured the Financial Services Permission from Abu Dhabi Global Market and opened an office in Abu Dhabi.
MarketVector Indexes GmbH (MVIS®) develops, monitors and markets the MVIS® indexes, a focused selection of pure-play and investable indexes. The introduction of MVIS® indexes has expanded VanEck’s successful brand from exchange-traded products to indexes, and the current portfolio of MarketVector indexes reflects the company’s in-depth expertise when it comes to emerging markets, hard assets, fixed income and special asset classes. Approximately USD 33.60 billion in assets under management are currently invested in financial products based on MVIS® indexes. MarketVector Indexes is a VanEck® Company.