According to Foresight News, as reported by Coindesk, a developer stated that Floki, which has transitioned from a meme to a practical project, is collaborating with an anonymous asset manager to develop an exchange-traded product (ETP) that tracks its FLOKI token, which may be launched for European investors early in the new year. If approved, FLOKI will be the only meme token with an institutional product in Europe, aside from Dogecoin (DOGE).
The developer stated: 'After months of due diligence and hard work, we learned that Floki ETP will launch in early Q1 2025.'