**News Flash: Valour Launches Dogecoin ETP on Swedish Market**
Valour, a crypto fund issuer, has introduced the first exchange-traded product (ETP) for Dogecoin (DOGE), now available on Sweden's Spotlight Stock Market. This move allows both retail and institutional investors to access the leading memecoin within a regulated framework. The launch follows heightened interest in Dogecoin, partly driven by figures like Elon Musk.
Dogecoin, initially a joke, now boasts a market cap of around $55 billion. Despite its memecoin origins, it's used for micropayments and tipping. Valour's parent, DeFi Technologies, oversees $600 million in crypto assets.