Swiss Asset Manager Valour Launches Cardano and Polkadot ETPs

Fully backed by ADA and DOT, the products are listing on the Nordic Growth Market.

AccessTimeIconMay 18, 2021 at 8:32 a.m. UTC
Updated Sep 14, 2021 at 12:56 p.m. UTC

Valour, a Swiss digital asset investment firm, is launching exchange-traded products (ETPs) offering exposure to cryptocurrencies from Cardano and Polkadot.

  • The Valour Cardano SEK ETP launched on the Nordic Growth Market Tuesday under the code CH111478796.
  • The Valour Polkadot SEK (CH1114178770) is to follow later this month, according to an announcement Tuesday.
  • The products are fully backed by ADA and DOT purchased by Valour, a Zug-based subsidiary of Canadian decentralized finance (DeFi) asset manager DeFi Technologies.
  • The launches follow similar products by fellow Swiss digital asset manager 21Shares, which launched its DOT product in February and ADA equivalent in April, both on the Swiss SIX exchange. 
  • ADA and DOT have both enjoyed huge increases in price in 2021, surging by over 1,000% and 400%, respectively.

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