Floki DAO, the organization that manages the memecoin Floki, has proposed allocating part of its treasury to an asset manager with the aim of launching an exchange-traded product (ETP) in Europe. In the proposal submitted on December 25, Floki DAO members are voting on whether to allocate liquidity for the ETP. The proposal calls for a portion of the 16 billion FLOKI to be used as liquidity. So far, 140 votes have been cast in favor and 0 votes against. Voting ends on December 27. Floki plans to launch the ETP in Europe in early 2025. Share your views in the comments.