Valour Inc., a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and decentralized finance, is pleased to announce the approval in principle by the JFSC and the submission of an EU base prospectus with the Swedish regulator SFSA for the issuance of physically stored digital assets wrapped by exchange-traded product (ETP) securities.
This expansion of Valour’s product line is another significant step forward in the company’s mission to make digital assets more accessible and facilitate their integration with traditional assets. These new products will allow investors to diversify their portfolios by adding selected digital asset exposure to their existing traditional securities accounts without the need to open any additional digital asset holding accounts such as wallets with crypto exchanges.
Once approved, the new ETP-securities will be available on regular exchanges in Europe such as Deutsche Boerse Xetra, Euronext, SIX Swiss Exchange etc. being secured by the respective digital assets that are physically stored with regulated custody providers. Physical custody ensures that the underlying assets are stored in a secure location and are pledged for the benefit of the security holders. This provides investors with an added layer of security and protection for their assets. It signifies a crucial stepstone of a stringent and strategic development for Valour and further solidifies its mission to make digital assets more accessible and facilitate their seamless integration with traditional assets.
“We are excited to have received the approval in principle from the JFSC for our asset backed issuance programme, and to have submitted the documentation for final approval to the SFSA,” said Olivier Roussy Newton, CEO of Valour Inc. “This is an important step in our mission to make digital assets more accessible and facilitate their seamless integration with traditional assets. Our goal is to provide investors with a broader range of investment options and the ability to easily diversify their portfolios. This new product line is another significant step forward in achieving that goal.”
Valour Inc. is a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets and finance. Founded in 2019, Valour is backed by an acclaimed and pioneering team with decades of experience in financial markets and digital assets. Valour’s mission is to expand investor access to industry-leading Web3 and technologies. This allows investors to access the future of finance via regulated equity exchanges using their traditional bank account and access.