Valour, a Zug-based asset manager, has announced the launch of its exchange traded products (ETP) for Cardano (ADA) and Polkadot (DOT). According to a press release, the products give investors a tool to gain exposure to the popular cryptocurrencies via their bank or broker.
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Valour CEO, Diana Biggs, says the company saw "growing investor demand" for cryptocurrency-focused products.
"With the increasing development and understanding of these technologies, we are thrilled to bring investors the most cost-effective and secure way to access investment in innovative protocols like Cardano and Polkadot," she added.
The Cardano ETP is now available for investors on the Nordic Growth Market (NGM) stock exchange under the code CH111478796. Valour plans to launch the DOT ETP later this month.
As iHodl reported earlier in March, Enjin, a blockchain-focused company, raised $18.9 million for a Polkadot-based ecosystem of non-fungible tokens (NFT) called Efinity. Baek Kim, Senior Associate at Hashed, says Efinity will make it possible for creators "to mint multi-chain tokens and move them to other compatible blockchains hassle-free."
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