Record No. $FLOKI 2025.1.6 AMA.
Question 4:
The launch of FLOKI's ETP on six exchanges in Switzerland is an important milestone for the project. How do you plan to leverage this listing to attract new institutional investors, and what long-term benefits will this bring to the FLOKI community?
b: I believe Floki is obtaining an ETP, which will make it the second memecoin to have an ETP, following DOGE. This already sets it apart from all other memecoins in the field and significantly increases its appeal to institutional participants.
The asset management company that establishes the ETP will conduct its own marketing efforts to attract institutional investors, and Floki will also commend their efforts.
As for the benefits this brings to the FLOKI community, an ETP is more or less similar to an ETF, but with slight differences. You can look at Bitcoin and Ethereum ETFs to see what benefits they have brought to these two assets: they ensure better maturity of the assets, make it easier for people to access them in a regulated manner, and ensure better stability of the assets, as they want assets that can survive. The benefits for Floki should be similar!