DeFi Technologies Inc., a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (DeFi), is pleased to announce that its subsidiary, Valour Inc., an issuer of exchange traded products (ETPs) that provide simplified access to digital assets, has partnered with Bitcoin Suisse AG, and STOXX in launching the innovative Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP.
This product marks “a significant step forward in the digital asset market, providing a diversified investment approach to the top blue-chip digital assets in a simple and secure manner.”
This new ETP is built “upon the existing partnership between Valour and Bitcoin Suisse AG , initially formed to “develop Exchange Traded Products (ETPs) backed 1:1 by digital assets. This collaboration has been leveraging the unique capabilities and extensive expertise of both Valour and Bitcoin Suisse in the digital asset market.”
The primary focus of their joint efforts is “to launch, list, operate, and distribute ETPs in both the international and Swiss markets.”
Swiss crypto-finance and technology support Bitcoin Suisse, “with its established brand recognition in the crypto assets sector, complements Valour’s role as an issuer of ETPs and provider of an exchange listing platform for digital assets.”
Andrej Majcen, Chief Executive Officer of Bitcoin Suisse, says:
“With this index based ETP, we are excited to be able to offer the possibility to passively diversify into the digital asset market. Our goal is to enable investors to make more informed investment decisions by providing them with professional tools in a maturing market. The Blue-Chip Index is derived methodically from a systematic rule set, making digital asset selection for portfolio diversification more accessible and less complex. Once more, Bitcoin Suisse continues to demonstrate its strength as a pioneer by delivering the first leading smart beta investment product for digital assets. With a rule based asset selection, the Blue-Chip Index is Europe’s first investment alternative to pure top market cap crypto asset strategies. We are proud to collaborate with well established and trusted partners in the global financial markets for the launch of this innovative product.“
Axel Lomholt, General Manager at STOXX, said:
“It is clear that, over the past few years, investors have begun allocate significantly more to alternative asset classes to diversify their portfolios. That’s why we are moving into an investment segment that’s increasingly gaining a foothold in portfolios. With Bitcoin Suisse, we are doing so with an established partner, and with an index methodology designed to meet the robustness needs of today’s investors.”
The 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP is “structured to track the performance of the STOXX Digital Asset Blue Chip X Index.”
This index offers exposure to assets “within the broader STOXX Digital Asset Blue Chip Index, specifically those trading on Xetra. The ETP employs a rule-based passive index methodology, meticulously designed to encompass a comprehensive spectrum of the cryptocurrency market.”