Valour Inc. has partnered with Valour to list its first “multi-asset crypto exchange-traded product (ETP). The fund will trade on the Boerse Frankfurt Zertifikate AG (ISIN: CH1149139623).
Valour is a firm seeking to bridge digital and traditional capital markets, including DeFi. Vinter is a Sweden-based index provider. The Valour Digital Asset Basket 10 Index (VDAB10) tracks the ten largest digital assets weighted by their current market capitalization, with a maximum portfolio allocation of 30% per asset. The index is rebalanced quarterly and weighted to provide exposure to the largest digital assets, offering a diversified product.
Marco Infuso, Chief Sales Officer of Valour commented on the ETP:
“We are excited to launch this new ETP. It satisfies the appetite for both retail and institutional investors who are looking to further engage with the digital asset space within the familiar infrastructure of an ETP rather than digital wallets. Vinter was the obvious index provider to partner with for the launch of our first ever multi-digital asset ETP; they have plenty of expertise in this industry and have a great track record of delivering accurate data in a speedy manner.”
This new ETP presents an opportunity for investors to diversify their portfolios with digital assets, explained Jacob Lindberg, CEO of Vinter.
“Working closely with Valour, we hope that the creation of more familiar financial products such as this ETP will increase the awareness of crypto as an asset class. We are pleased to partner with Valour as their index provider.
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