Stader ETHx (ethx) 
Valour plans to expand its crypto exchange-traded products (ETPs) to a larger audience in Africa, following a significant agreement with the Nairobi Securities Exchange (NSE). This expansion will initially support ETPs for Bitcoin, Ethereum, Solana, and Hedera, according to a press release on August 6.
Valour, a subsidiary of financial technology company DeFi Technologies, announced that these plans are part of a Memorandum of Understanding with the NSE. The company is also collaborating with SovFi, a provider of liquidity and capital solutions.
The NSE and SovFi will assist in the creation, issuance, and trading of Valour ETPs in Africa. The Nairobi-based stock exchange will onboard Valour as an issuer, while SovFi will contribute its blockchain integration expertise, distribution channels, and financial instruments.
Why This Matters
Africa is one of the leading emerging markets in the crypto space, with countries like Nigeria, Kenya, and South Africa having a high number of crypto users. Valour’s expansion will allow it to offer its ETPs to the NSE, presenting local investors with new opportunities in the crypto market.
NSE traders will be able to gain exposure to cryptocurrencies such as Bitcoin and Ether through these ETPs, using their regular brokerage accounts. Additional benefits include institutional-grade custody.
“By leveraging our expertise in issuing innovative ETPs and facilitating the passporting of our financial instruments to the NSE, we aim to provide investors with secure and regulated exposure to the dynamic world of digital assets,” stated Olivier Roussy Newton, CEO of DeFi Technologies.
Initial Crypto ETPs
Valour targets the African market by launching top crypto ETPs, including those for BTC, ETH, SOL, and HBAR. With the development of market infrastructure, more investors across the continent could gain access to a broader range of products. Additionally, the companies plan to explore tokenized finance and real-world assets markets.
Valour offers its ETPs to both retail and institutional investors. The platform’s products include ETPs on Uniswap, Solana, Cardano, and XRP, among others. Recently, Valour launched the Valour Near (NEAR) ETP.
These investment products are traded on stock exchanges such as Frankfurt, Euronext, and Spotlight Stock Market in Sweden.
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