$BTC Bitcoin-powered Core DAO ETP on the Swiss stock exchange
- The financial firm Valour has introduced the first exchange-traded product (ETP) for Core DAO (CORE) on the Spotlight Stock Exchange.- The new product, CORE ETP, is a Bitcoin-powered layer-1 solution that integrates proof-of-work and delegated proof-of-stake consensus mechanisms.
- The Core Foundation said the new product will offer investors a new way to get exposure to the Core blockchain network.
- Rich Rines, the founding contributor to CoreDAO, said the launch of the ETP is a valuable contribution to the project.
- The launch of the CORE ETP comes after DeFi Technologies, the parent company of Valour, refuted allegations of stock manipulation and unfounded growth claims.
- DeFi Technologies had also launched the world’s first yield-bearing Bitcoin ETP in collaboration with the Core Foundation.
- The CORE ETP is available on the Spotlight Stock Exchange, while the yield-bearing Bitcoin ETP is available on the Nordic Growth Market (NGM) exchange.
