🐶Floki meme coin to launch ETP in Europe in early 2025

☄️Floki meme coin is partnering with an undisclosed asset manager to develop an ETP product in the EU.

🚩If the plan goes ahead, FLOKI will become the second meme coin to have an institutional-grade investment product in Europe after Dogecoin (DOGE). The Floki DAO community is currently voting on whether to allocate early liquidity to the ETP. The proposal uses tokens from a treasury wallet containing 16 billion FLOKI, worth over $2.8 million at current market prices. The 48-hour vote is scheduled to end at 11:00 UTC on December 27.

🎉The project announced on the official X page: “We have been actively working with a reputable asset manager and an ETP issuer to launch the Floki ETP (Exchange Traded Product) for quite some time. After months of due diligence and relentless efforts, we are pleased to announce that the Floki ETP is on track to launch in early Q1/2025,”