Floki DAO is making waves by proposing to allocate part of its treasury to launch an exchange-traded product (ETP) in Europe. This move could let institutional investors dive into the memecoin pool without getting their feet wet. 🏊♂️
With 140 votes in favor and none against, the proposal is cruising towards approval. If passed, Floki will join Dogecoin in the ETP club, trading on the SIX Swiss Exchange by early 2025.
Despite a 6.2% dip last week, Floki's had a whopping 400% gain this year. Talk about a rollercoaster ride! 🎢
