Valour’s Uniswap Exchange Traded Product (ETP) goes live on Nordic Growth Market
- New ETP, Valour Uniswap (UNI) SEK, enables institutions and individuals to invest in Uniswap (UNI) as easily as buying shares from their bank or broker
- Uniswap is the world’s largest decentralised exchange, with more than $12bn USD in market cap and $4bn USD Total Value Locked (TVL) in the protocol
- In November, Valour reached over $370m USD in AUM from its existing products
- Trading in UNI SEK to begin on Nordic Growth Market on Wednesday 1st December
Zug/Switzerland, 29th November 2021 – Valour Inc (Valour), the issuer of digital asset ETPs, today announces the launch of Valour Uniswap SEK (VALOUR UNISWAP (UNI) SEK - CH1114178754) on Stockholm’s Nordic Growth Market (NGM). Trading will go live on Wednesday 1st December.
Valour launched its euro denominated Valour Uniswap ETP on Frankfurt Boerse in October, the first Uniswap ETP in the world. Its Swedish Krona (SEK) denominated product, Valour Uniswap (UNI) SEK, listed on NGM enables Nordic-based investors to gain exposure to UNI, the native token of the world’s largest decentralised exchange, Uniswap, for the first time, simply and securely, via their bank or broker.
Uniswap, the world’s most popular decentralised exchange (DEX), has been experiencing unprecedented growth, with currently $4.13bn in total value locked (TVL) the platform. An open-source protocol built on the Ethereum blockchain, it is a liquidity provider for the trading of tokens on the Ethereum network known as ERC-20 tokens. In November, the Uniswap protocol passed $600bn in total trading volume since its launch in November 2018, according to Uniswap Labs.
Valour CEO Diana Biggs said: “The Nordic investment market for digital assets is one of the most developed in the world, with strong liquidity and engaged participants. We chose to launch Valour here in December 2020 and we are now listing our pioneering UNI SEK product so that investors can benefit from the growth Uniswap is experiencing. At Valour, our mission is to provide investors with the opportunity to gain exposure to areas of innovation, in particular to decentralised finance (DeFi). Our Uniswap ETP, a world’s first, does just that.
“We are extremely bullish on DeFi and are working hard to bring more innovative products such as Valour Uniswap to market, making this important ecosystem of innovation available via mainstream investment channels for the Nordic markets.”
In November, Valour surpassed $370m USD in assets under management ("AUM") from the trading of its products on the Nordic Growth Market (NGM) and Frankfurt stock exchanges. This achievement marks an exceptional first eleven months of 2021, which has seen AUM grow more than 4000% since the start of the year.
By gaining exposure to digital assets via Valour, investors benefit from the standardisation, risk reduction and operational efficiency of a centrally-cleared product listed on a regulated stock exchange. For each product that is bought and sold on NGM, Valour purchases the equivalent amount of the underlying asset, meaning the products are fully backed at all times.
About Valour Uniswap (UNI) SEK
Valour Uniswap (UNI) SEK is the world’s first fully-hedged, passive investment product with Uniswap’s native token, UNI, as its underlying asset. The Valour Uniswap SEK ETP (ISIN code CH1114178754), will be traded on Nordic Growth Market, a regulated stock exchange in Sweden. Available for purchase via banks or brokers in the same way as any other security, Valour Uniswap SEK removes the mystery, complexity and costs of UNI investment and custody, that have thus far impeded mainstream adoption of digital assets and decentralised finance.
Valour Inc. issues exchange-listed financial products that enable retail and institutional investors to access investment in disruptive innovations, such as digital assets, in a simple and secure way. Established in 2019 and based in Zug, Switzerland, Valour is a wholly owned subsidiary of DeFi Technologies Inc. (NEO:DEFI, GR: RMJ.F, OTC: DEFTF). For more information on Valour, visit www.valour.com.
The Valour Uniswap (UNI) SEK fact sheets, Key Information Documents (KIDs), Final Terms, and prospectus are available, subject to applicable securities laws, via the Issuer’s website: www.valour.com.