According to Foresight News, a developer has revealed that Floki, originally a meme token, is collaborating with an anonymous asset manager to create an exchange-traded product (ETP) that tracks its FLOKI token. This product is expected to be available to European investors at the beginning of the new year. If approved, FLOKI will join Dogecoin (DOGE) as the only meme tokens with institutional products in Europe.
The developer stated, "After months of due diligence and hard work, we have learned that the Floki ETP will be launched in early Q1 2025."