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, announced a partnership with Autostock, a Swedish trading platform “to launch an automated trading strategy designed to capture weekly effects of Bitcoin.”
Autostock AB is “a Swedish analysis/trading platform exclusively connected to Nordnet Bank, offering advanced technical analysis methods, automated trading facilities and algorithmic strategies.”
Valour and Autostock have “agreed to an exclusive partnership specific to digital assets which makes it possible for clients of Autostock to make use of a weekly effect of the Bitcoin price development, in an automated manner known as Coinbot Zero by Valour.”
Marco Infuso, Chief Sales Officer at Valour said:
“Coinbot Zero by Valour executes within the ISK or Kapitalförsäkring-wrapper on Nordnet in Sweden and utilizes Valour Bitcoin ZERO SEK (CH0585378661) making it a perfect match for a first of its kind program as it precisely tracks the price of Bitcoin. Another step towards crypto adoption – democratization of the entire crypto eco system at its best.”
Rikard Nilsson, CEO of Autostock, remarked:
“Stepping into the digital assets space, with an automated strategy specifically designed to capture the weekly effects of Bitcoin is a first for Autostock. Partnering with Valour and using their Bitcoin ETP, without management fees, creates a unique opportunity and is the perfect choice for our clients.”
Valour offers “fully hedged digital asset ETPs with low to zero management fees, with product listings across European exchanges, banks and broker platforms.”
Valour’s existing product range “includes Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM), Binance (BNB), Enjin (ENJ), Valour Bitcoin Carbon Neutral, and Valour Digital Asset Basket 10 (VDAB10) ETPs with low management fees.”
Valour‘s flagship products “are Bitcoin Zero and Ethereum Zero, the first fully hedged, passive investment products with Bitcoin (BTC) and Ethereum (ETH) as underlyings which are completely fee-free.”
As noted in the update, Valour Inc. is “a technology company bridging the gap between traditional capital markets and decentralized finance.”
Their 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 their shareholders and investors, they “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.”
As mentioned in the announcement, Autostock AB is “a Swedish analysis/trading platform exclusively connected to Nordnet Bank, offering advanced technical analysis methods, automated trading facilities and algorithmic strategies.”
The users “can decide at what level they want to benefit from the Autotrader software assistance possibilities, and set up the software individually to suit their preferences.”
Autostock also “offers support for traders to develop their own tools, help exploring their trading ideas, troubleshoot script based algorithms and much more.
