$FLOKI PANews December 25th news, according to CoinDesk, the Floki project plans to launch exchange-traded products (ETP) based on its token FLOKI in Europe in the first quarter of 2025. Currently, the Floki development team is collaborating with an unnamed asset management company to develop the product and is seeking approval from the Floki DAO community to allocate a portion of tokens from the treasury wallet holding 16 billion FLOKI tokens to provide early liquidity for the ETP. The total value of these tokens is approximately $2.8 million, and if the proposal passes, the liquidity will still belong to Floki, which can be reclaimed later based on third-party liquidity conditions.

The Floki ETP will be launched on the Swiss Stock Exchange (SIX Swiss Exchange), which is the third-largest stock exchange in Europe, providing regulated FLOKI investment channels for institutional investors, regulated entities, and retail investors. If successful, FLOKI will become the second meme token to launch institutional-grade products in Europe after Dogecoin (DOGE). The DAO voting will end on December 27th at 11:00 UTC.

How many memes can achieve this with both official U.S. institutions and European stock exchanges? Actually, I don't hope for Floki to explode right now because I haven't recouped my trading losses yet 😂$FLOKI