Valour, a subsidiary of the Canadian crypto firm DeFi Technologies, unveiled the launch of an exchange-traded product for Dogecoin Tuesday, broadening investors’ access to the multi-billion dollar meme coin in Sweden.

Dubbed the The Valour Dogecoin (DOGE) SEK ETP, the product was billed as investors’ first ever option for “a simple and secure way to gain exposure to DOGE” in the region. The product is now listed on Sweden’s Spotlight Stock Market, the company said in a press release.

“Introducing the first Dogecoin ETP in the Nordics represents a significant milestone in our mission to democratize access to digital assets,” Valour’s Head of Product Elaine Buehler said in a statement. “We are excited to provide investors with a regulated product that captures the essence of Dogecoin’s dynamic market presence.”

In the U.S., products offering traditional investors exposure to the spot price of digital assets are currently limited to just Bitcoin and Ethereum. But experts recently told Decrypt that, as asset managers angle for Solana and XRP ETFs, Dogecoin Go to Source to See Full Article
Author: André Beganski