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Bitcoin ETP set to debut on European stock exchange- Decoding details

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Toronto-based Valour Inc. (formerly known as DeFi Technologies Inc.) is set to debut its Bitcoin Carbon Neutral Bitcoin Exchange Traded Product (ETP) on Börse Frankfurt, Germany’s largest stock exchange.According to the press release, Valour Inc.

was founded in 2019 and is the first and only publicly traded company that “bridges the gap between traditional capital markets and decentralized finance”.

The company aims to grant its clients access to the “future of finance” or web3 and decentralized technologies.The BTC Carbon Neutral ETP becomes the eleventh ETP offering by Valour and trading for the product will begin.Through its BTC Carbon Neutral ETP, Valour intends to give clients an investment product that is sustainable and aligned with ESG goals.

According to the company, this benefits the environment while offsetting the carbon footprint associated with Bitcoin.Russell Starr, CEO of Valour stated, “As a proud signatory on the Crypto Climate Accord, Valour takes its ESG obligations seriously.

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