BlockBeats reported on December 25, according to Coindesk, that a developer stated Floki, which has transformed from a meme to a utility project, is collaborating with an anonymous asset manager to develop a trading product (ETP) that tracks its FLOKI token, which may be launched to European investors in early New Year. If approved, FLOKI will become the only meme token with institutional products in Europe besides Dogecoin (DOGE).
The developer stated: 'After months of due diligence and hard work, we learned that Floki ETP will be launched in early Q1 2025.'
