Valour, a subsidiary of DeFi Technologies, has introduced the world’s first exchange-traded product (ETP) for Near Protocol. This launch coincides with a growing interest in cryptocurrency assets, particularly after the debut of spot Bitcoin ETFs in the US earlier this year. The new ETP is anticipated to draw substantial attention to Near Protocol, which currently ranks among the top 20 cryptocurrencies with a market capitalization of $6.6 billion.

Valour Unveils New ETP for NEAR

In a recent announcement, the digital assets investment products provider revealed that the new ETP, Valour Near (NEAR), will be accessible to both retail and institutional investors. This ETP will provide holders with exposure to the Near Protocol ecosystem, enabling them to participate in the digital finance future of the Web3 platform.

“By launching the world’s first Valour NEAR ETP, we’re giving investors a unique opportunity to engage with the NEAR Protocol, known for its impact on DeFi and NFTs,” stated Elaine Buehler, Valour’s head of product.

The Valour Near (NEAR) ETP is traded on the Spotlight Stock Market in Sweden and is available through platforms such as Stockholm-based online bank Avanza and internet broker Nordnet.

Valour’s Suite of ETPs

With this launch, Valour expands its portfolio of crypto ETPs, which already includes Valour Solana, Valour Cardano, and Valour Polkadot. The company also offers products for Enjin, Uniswap, XRP, and Avalanche. Additionally, investors can access various staking products, including Ethereum (ETH), Bitcoin (BTC), and Internet Computer (ICP).

Year-to-date, Valour has introduced eleven ETPs for digital assets and plans to continue unveiling more crypto-related investment products for both retail and institutional investors. The ETP issuer’s product suite currently trades across major European exchanges, banks, and broker platforms.

Stay tuned to Global Crypto News for more updates on the latest developments in the cryptocurrency world.

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