Floki is collaborating with an asset management company to launch an ETP (exchange-traded product) tracking the FLOKI token, expected to roll out in Europe in Q1 2025. A proposal to provide initial liquidity for the ETP has been submitted to Floki DAO, with the voting deadline ending on December 27, 2024. If approved, Floki will retain ownership of the liquidity-providing tokens and withdraw them when sufficient liquidity from third parties is available.
This initiative could help Floki join the ranks of meme tokens like Dogecoin (DOGE), becoming a more reliable option for institutional investors in Europe, while also enhancing its reputation and market accessibility.
