Floki DAO is considering a bold move to boost its memecoin, Floki, by launching an exchange-traded product (ETP) in Europe. A proposal is on the table to allocate part of its 16 billion FLOKI treasury, worth $2.8 million, as liquidity for this venture. Voting ends on Dec. 27, with overwhelming support so far. If successful, Floki will become the second memecoin with an ETP, following Dogecoin. The ETP is set to debut on the SIX Swiss Exchange in early 2025. Despite recent price dips, Floki has surged 400% this year, maintaining a market cap of $1.7 billion.
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