Crypto Investment Firm Valour Unveils Cardano (ADA) and Polkadot (DOT) ETPs

Crypto Investment Firm Valour Unveils Cardano (ADA) and Polkadot (DOT) Exchange-Traded Products (ETPs)

Cayman island-based company, Valour Structured Products Inc, has joined the litany of companies launching exchange-traded products (ETPs)

Valour Launches Cardano And Polkadot ETPs

The digital asset investment firm revealed its two new ETPs, dubbed the Valour Cardano SEK ETP and the Valour Polkadot SEK.

According to the announcement, the Valour Cardano SEK ETP has been listed on the Nordic Growth Market (NGM) stock exchange today under the ticker CH111478796. On the other hand, the Valor Polkadot SEK would launch later this month under the code CH1114178770.

Valour had rolled out its Bitcoin (BTC) and Ethereum (ETH) ETPs called Bitcoin Zero and Ethereum Zero prior to this.

According to Valour CEO Diana Biggs, the unveiling of the Cardano and Polkadot ETPs follows the success of the Bitcoin and Ethereum ETPs, which led to investors demanding more digital asset products.

“With the increasing development and understanding of these technologies, we’re thrilled to bring investors the most cost-effective and secure way to access investment in innovative protocols like Cardano and Polkadot.”

The CEO of DeFi Technologies, Wouter Witvoet, noted that Valour is focused on helping investors navigate the regulatory constraints in the crypto space by making it easier for them to access credible cryptocurrency investment opportunities.

Valour is a subsidiary of DeFi Technologies Inc. The issuer focuses on rolling out exchange-listed financial products that enable investors to gain exposure to popular digital assets simply and securely.

Cardano And Polkadot Enjoying Rising Global Demand

Cardano (ADA) and Polkadot (DOT) currently rank among the top ten cryptocurrencies by market cap. While Cardano has a market cap of $65 billion, Polkadot stands at $37 billion.

The altcoins are undoubtedly among the hottest altcoins in the crypto market right now as the crypto bull market continues to roar on.

The ADA coin has seen a lot of positive news surrounding it lately, one of which is the listing on Coinbase Pro.

In the same vein, Polkadot (DOT) has had a good run this year. DOT began the year strongly as its price rallied over 700% into the February high, securing its position as one of the largest cryptocurrencies.

It is no surprise that crypto ETP issuer 21Shares also has Polkadot and Cardano ETPs. 21Shares listed the DOT ETP in February 2021, while the ADA ETP launched in April, both on the Swiss SIX exchange.

At press time, ADA is trading at $2.08, while the DOT coin trades at $39.85.

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Author: Jimmy Aki