Sweden’s Spotlight Stock Market has listed 20 new digital asset exchange-traded products (ETPs), making those assets available to traditional investors. All of them were issued by Valour, a subsidiary of DeFi Technologies.
A deluge of crypto ETPs
The new mass launch brings the number of ETPs traded on Spotlight to 45. All of them are digital asset offerings issued by Valour. Four of them are denominated in euros, with the remainder being priced in Swedish kronor.
Spotlight debuted its ETP segment with Valour’s Core (CORE) and Hedera (HBAR) products in June. Many of the ETPs are managed by a third party. Valour co-founder Johan Wattenström said of the new launch:
“By simultaneously introducing such a diverse range of innovative products, we are not merely expanding our portfolio — we are offering investors access to the forefront of blockchain technology.”
The assets in the new ETPs are Aave (AAVE), Aerodrome Finance (AERO), Akash Network (AKT), Aptos (APT), Arweave (AR), ASI (FET), Fantom (FTM), Injective (INJ), Jupiter (JUP), Kaspa (KAS), Lido DAO (LDO), Metis (METIS), Pendle (PENDLE), Pyth Network (PYTH), Render (RENDER), Sei (SEI), Starknet (STRK), THORChain (RUNE), Worldcoin (WLD), Wormhole (W).
A selection of Valour ETPs on Spotlight Stock Market. Source: Spotlight Stock Market
Valour lists over 60 ETPs in Europe. The company declared a goal of reaching 100 ETPs by the end of 2025. Valour and Spotlight introduced the first Dogecoin (DOGE) ETP in November.
Valour going global
Spotlight is one of three stock markets in Sweden. The others are the Nasdaq Nordic and Nordic Growth Market. Valour moved 19 ETPs from the Nordic Growth Market to Spotlight in October.
Source: AsiaNext
In November, Valour signed a Memorandum of Understanding with AsiaNext, a derivatives trading platform for institutions, and issuance platform Sov.fi on listing Valour ETPs on AsiaNext’s Singapore-licensed securities exchange.
AsiaNext is a joint venture of Japan’s SBI Digital Asset Holdings and Switzerland’s SIX Group, operator of that country’s SIX Exchange.
Valour and Sov.fi signed a Memorandum of Understanding with the Nairobi Securities Exchange in Kenya in August to list Bitcoin (BTC), Ether (ETH), Solana (SOL) and HBAR on that exchange.
Magazine: ‘China’s MicroStrategy’ Meitu sells all its Bitcoin and Ethereum: Asia Express