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Cryptocurrency News Articles

Valour Expands Reach of Its Innovative Hedera HBAR ETP to Euronext Amsterdam

Dec 18, 2024 at 08:49 pm

This listing expands the reach of Valour's innovative Hedera HBAR ETP, providing broader access for European investors seeking exposure to Hedera's native token, HBAR.

Valour Expands Reach of Its Innovative Hedera HBAR ETP to Euronext Amsterdam

DeFi Technologies' (CBOE CA:DEFI) (GR:R9B) (OTC:DEFTF) capital markets venture, Valour, has announced the listing of its Hedera (HBAR) ETP on Euronext Amsterdam, expanding the reach of its innovative Hedera HBAR ETP, providing broader access for European investors seeking exposure to Hedera's native token, HBAR.

In collaboration with The Hashgraph Group ("THG”), the Swiss-based international business, venture capital, and technology company that operates exclusively within the Hedera ecosystem, this pioneering development furthers Valour's mission to bridge traditional financial markets with cutting-edge decentralized technologies such as Hedera Hashgraph.

The Euronext listing marks the first physically backed Hedera product and the first ETP listed on Euronext Amsterdam under VDSL's base prospectus. This expansion offers investors across key European markets greater opportunities to integrate the eco-friendly, enterprise-grade digital asset into their portfolios via traditional financial exchanges.

Enhancing Market Accessibility

"The addition of our Hedera HBAR ETP to Euronext exemplifies our commitment to simplifying access to cutting-edge digital assets. This listing broadens opportunities for institutional and retail investors to participate in Hedera's robust, sustainable network while aligning with the growing demand for transparent and regulated digital asset investments,” stated Olivier Roussy Newton, CEO of DeFi Technologies.

Elaine Buehler, Head of Product at Valour, further remarked, "This milestone reflects the relentless efforts of our product team to deliver investment solutions that resonate with today's demand for transparency, security, and sustainability in digital assets. As the first physically backed Hedera product and the first ETP under VDSL's base prospectus to be listed on Euronext Amsterdam, this achievement underscores our innovation in creating accessible and compliant digital asset investment products. By expanding to Euronext, we are not only enhancing accessibility to Hedera's groundbreaking technology but also reaffirming Valour's commitment to bridging traditional finance with the transformative potential of decentralized innovations.”

Hedera's Significance

Hedera is a leading decentralized and open-source public network, renowned as the world's greenest distributed ledger network (DLT) due to its energy-efficient Proof-of-Stake (PoS) consensus mechanism. It is governed by a council of independent global organizations, including Fortune 500 enterprises and prestigious universities. These governing members include major corporations such as Abrdn, Boeing, Dell, Deutsche Telekom, Google, IBM, Standard Bank, and LG Electronics, just to name a few of the 33 Hedera Governing Council members.

HBAR, Hedera's native cryptocurrency, powers network operations, enabling transaction fees and securing the network. With a global market capitalization of $11.3 billion, HBAR ranks among the world's top 20 cryptocurrencies, making it a significant and sustainable digital asset for institutional and retail investors alike. (CoinMarketCap Dec 17th)

Fostering the HBAR economy with institutional-grade financial products

"We are thrilled to announce the launch of HBAR ETP and its new listing on Euronext, which streamlines and improves mainstream access to Hedera's native token for institutional investors. As one of our regulated, structured, and bankable products, the HBAR ETP represents a major milestone towards bridging the gap between traditional finance and HBAR economy. It offers investors across key European markets instruments to include institutional-grade, eco-friendly digital assets into their portfolios via traditional financial exchanges while ensuring security, accessibility, and commercial viability,” commented Kamal Youssefi, Co-founder & Executive Chairman of THG.

Expanding Collaboration with The Hashgraph Group

The Hashgraph Group (THG) has played a pivotal role in creating and launching the Hedera HBAR ETP. After celebrating the successful listing on the Frankfurt Stock Exchange earlier this year, this latest expansion of the Hedera HBAR ETP to the pan-European Euronext exchange is a significant step towards further advancing institutional-grade investments in bankable digital assets. With our seed funding of USD 5m in the Hedera HBAR ETP, we remain committed to promoting Hedera as an attractive and investable digital asset in the Web3 economy, as Valour continues to set the standard for accessible and compliant investment products,” added Stefan Deiss, Co-Founder & CEO of THG.

Continued Leadership in Digital Asset Innovation

Valour's Hedera HBAR ETP empowers investors to integrate the benefits of blockchain technology seamlessly into traditional portfolios. By listing on Euronext, Valour furthers its mission to bridge traditional and decentralized finance, offering products that combine security, accessibility, and sustainability.

About The Hashgraph Group

The Hashgraph Group (THG) is a Swiss-based international business, venture capital, and technology firm that operates exclusively within the Hedera ecosystem, with specialization in venture building and strategic investments aimed

News source:www.manilatimes.net

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