Institutional and ordinary investors seeking cryptocurrency exposure via safe and familiar channels may participate in the Floki ETP.
The ETP lets investors own FLOKI without direct asset ownership by mimicking ETFs.
Dogecoin is the only other memecoin to reach this milestone.
Regulatory scrutiny, liquidity issues, and memecoin volatility make launching a regulated investment product difficult.
Floki has teamed with a top asset manager and ETP issuer to overcome these challenges.
A key adviser at Floki said this rollout is a big step toward memecoin acceptability in conventional finance.
Regulatory Progress and Growth of Floki DAO Regulators have recognized Floki as it prepares to launch its ETP.
The CFTC recognized Floki as a utility token during the Global Markets Advisory Committee (GMAC) meeting on November 21.
This milestone put Floki alongside Ethereum and Avalanche in developing digital asset regulation.
Valhalla, Floki's NFT-based metaverse game launching in early 2025, helped earn this distinction.
Launching the University of Floki and introducing a crypto debit card in 31 European nations enhance the Floki ecosystem.
Visa and Mastercard businesses accept this card, which supports Bitcoin, Ethereum, and Solana.
It targets European markets without OFAC-sanctioned territories and has top-up fees but no transaction or exchange rate expenses in physical and virtual versions.
Floki also sells virtual gift cards worldwide and wants to add physical cards.
These activities and the ETP launch position Floki for 2025 growth.
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FLOKI
0,00019608
-1.25%
ETH
3628,43
+1.24%
BTC
97 815,62
-0.38%
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