DeFi Technologies' Subsidiary Valour Expands Offerings with Valour Sui (SUI) ETP on Spotlight Stock Market
DeFi Technologies' subsidiary Valour has launched the Valour Sui (SUI) ETP on Sweden's Spotlight Stock Market, expanding its digital asset offerings. The ETP provides exposure to Sui, a top 20 digital asset with a $5.37 billion market cap. Sui is a layer-1 blockchain optimized for high-speed transactions and instant finality, making it ideal for gaming and finance applications.
The Valour Sui (SUI) SEK ETP (ISIN: CH1213604601) has a 1.9% management fee and offers investors easy access to Sui's native token. Sui's unique features include an object-centric approach and a Byzantine fault-tolerant proof-of-stake consensus mechanism, enhancing scalability and transaction speed.
This launch aligns with Valour's strategy to provide innovative digital asset investment products and expand its presence in the European market.
La sussidiaria di DeFi Technologies, Valour, ha lanciato il Valour Sui (SUI) ETP sul Mercato Azionario Spotlight in Svezia, ampliando la sua offerta di asset digitali. L'ETP offre esposizione a Sui, un asset digitale tra i primi 20 con una capitalizzazione di mercato di 5,37 miliardi di dollari. Sui è una blockchain di layer-1 ottimizzata per transazioni ad alta velocità e finalità istantanea, rendendola ideale per applicazioni nel gaming e nella finanza.
Il Valour Sui (SUI) ETP in SEK (ISIN: CH1213604601) ha una commissione di gestione dell'1,9% e offre agli investitori un facile accesso al token nativo di Sui. Le caratteristiche uniche di Sui includono un approccio incentrato sugli oggetti e un meccanismo di consenso proof-of-stake tollerante ai guasti bizantini, migliorando la scalabilità e la velocità delle transazioni.
Questo lancio è in linea con la strategia di Valour di fornire prodotti di investimento in asset digitali innovativi e di espandere la sua presenza nel mercato europeo.
La subsidiaria de DeFi Technologies, Valour, ha lanzado el Valour Sui (SUI) ETP en el Mercado de Spotlight de Suecia, ampliando su oferta de activos digitales. El ETP ofrece exposición a Sui, un activo digital entre los 20 mejores con una capitalización de mercado de 5.37 mil millones de dólares. Sui es una blockchain de layer-1 optimizada para transacciones de alta velocidad y finalización instantánea, lo que la hace ideal para aplicaciones en juegos y finanzas.
El Valour Sui (SUI) ETP en SEK (ISIN: CH1213604601) tiene una tarifa de gestión del 1.9% y ofrece a los inversores un fácil acceso al token nativo de Sui. Las características únicas de Sui incluyen un enfoque centrado en objetos y un mecanismo de consenso proof-of-stake tolerante a fallos bizantinos, mejorando la escalabilidad y la velocidad de las transacciones.
Este lanzamiento se alinea con la estrategia de Valour de proporcionar productos innovadores de inversión en activos digitales y expandir su presencia en el mercado europeo.
DeFi Technologies의 자회사인 Valour가 스웨덴의 Spotlight Stock Market에 Valour Sui (SUI) ETP를 출시하며 디지털 자산 제공을 확대했습니다. 이 ETP는 53억 7천만 달러의 시장 가치를 지닌 20위권 내의 디지털 자산 Sui에 대한 노출을 제공합니다. Sui는 고속 거래 및 즉각적인 확정을 최적화한 레이어-1 블록체인으로, 게임 및 금융 애플리케이션에 적합합니다.
Valour Sui (SUI) SEK ETP(ISIN: CH1213604601)는 1.9%의 관리 수수료를 부과하며, 투자자에게 Sui의 기본 토큰에 대한 쉬운 접근을 제공합니다. Sui의 독특한 특징으로는 객체 중심의 접근 방식과 비잔틴 장애 내구성의 증명형 스테이크 합의 메커니즘이 있어, 확장성과 거래 속도를 향상시킵니다.
이번 출시를 통해 Valour는 혁신적인 디지털 자산 투자 제품을 제공하고 유럽 시장에서의 입지를 확장하려는 전략을 실현하고 있습니다.
La filiale de DeFi Technologies, Valour, a lancé le Valour Sui (SUI) ETP sur le marché boursier Spotlight en Suède, élargissant ainsi son offre d'actifs numériques. L'ETP permet d'accéder à Sui, un actif numérique parmi les 20 premiers avec une capitalisation boursière de 5,37 milliards de dollars. Sui est une blockchain de couche 1 optimisée pour les transactions rapides et la finalité instantanée, ce qui la rend idéale pour les applications de jeux et de finance.
Le Valour Sui (SUI) ETP en SEK (ISIN : CH1213604601) a des frais de gestion de 1,9% et offre aux investisseurs un accès facile au token natif de Sui. Les caractéristiques uniques de Sui incluent une approche centrée sur les objets et un mécanisme de consensus par preuve d'enjeu tolérant aux fautes byzantines, améliorant l'évolutivité et la vitesse des transactions.
Ce lancement s'inscrit dans la stratégie de Valour visant à proposer des produits d'investissement numériques innovants et à accroître sa présence sur le marché européen.
Die Tochtergesellschaft von DeFi Technologies, Valour, hat das Valour Sui (SUI) ETP am schwedischen Spotlight Stock Market gestartet und damit ihr Angebot an digitalen Vermögenswerten erweitert. Das ETP bietet Zugang zu Sui, einem Top-20 digitalen Vermögenswert mit einer Marktkapitalisierung von 5,37 Milliarden US-Dollar. Sui ist eine Layer-1-Blockchain, die für hochgeschwindigkeitstransaktionen und sofortige Endgültigkeit optimiert ist und sich ideal für Anwendungen in den Bereichen Gaming und Finanzen eignet.
Das Valour Sui (SUI) SEK ETP (ISIN: CH1213604601) hat eine Managementgebühr von 1,9% und bietet Investoren einfachen Zugang zum nativen Token von Sui. Zu den einzigartigen Merkmalen von Sui gehören ein objektzentrierter Ansatz und ein byzantinisch fehlertoleranter Proof-of-Stake-Konsensmechanismus, der die Skalierbarkeit und Transaktionsgeschwindigkeit erhöht.
Dieser Launch steht im Einklang mit Valours Strategie, innovative Investmentprodukte für digitale Vermögenswerte anzubieten und die Präsenz auf dem europäischen Markt auszubauen.
- Launch of Valour Sui (SUI) ETP on Sweden's Spotlight Stock Market
- Expansion of Valour's digital asset product offerings
- Exposure to Sui, a top 20 digital asset with $5.37 billion market cap
- Strategic entry into the Swedish market
- 1.9% management fee on the Valour Sui (SUI) ETP
- Introduction of Valour Sui (SUI) ETP: DeFi Technologies' subsidiary Valour has launched the Valour Sui (SUI) ETP on Sweden’s Spotlight Stock Market, broadening its portfolio of innovative digital asset products.
- Investment Opportunities in Layer-1 Blockchain Technology: The Valour Sui (SUI) ETP offers exposure to the native token of the Sui blockchain. Recognized for its high-speed transaction throughput and instant finality, Sui is a cutting-edge layer-1 blockchain optimized for low-latency transfers, ideal for real-time applications like gaming, finance, and more.
- Strategic Product Expansion: The new Valour Sui ETP underscores Valour’s commitment to delivering innovative digital asset investment products. This launch on the Spotlight Stock Market enhances investor access to digital assets, marking another significant step in Valour’s expansion strategy.
TORONTO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- DeFi Technologies Inc. (the “Company” or “DeFi Technologies”) (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a crypto-native technology company at the forefront of merging traditional capital markets with decentralized finance ("DeFi"), proudly announces that its subsidiary Valour Inc. ("Valour"), a leading issuer of exchange-traded products ("ETPs") providing simplified access to digital assets, has listed the Valour Sui (SUI) ETP on the Spotlight Stock Market. The Valour Sui (SUI) ETP provides a secure and straightforward way for investors to gain exposure to Sui, a rapidly growing layer-1 blockchain optimized for on-chain use cases through its unique consensus mechanism and object-centric data model. With a market cap of
The Valour Sui (SUI) SEK ETP (ISIN: CH1213604601) is the latest addition to Valour's expanding array of digital asset products. This ETP grants investors access to Sui’s native token, leveraging the blockchain's horizontal scaling capabilities to enable high throughput via transaction parallelization. Focused on instant finality and efficiency, Sui’s design is ideal for applications requiring real-time transactions, such as gaming and finance. The ETP features a
Unlike traditional blockchain models, Sui utilizes an object-centric approach that allows for the independent validation of transactions through a Byzantine fault-tolerant proof-of-stake (“PoS”) consensus mechanism. This novel structure eliminates the need for sequential transaction validation, enhancing scalability and transaction speed.
"Meeting the demand for Sui in Sweden reflects our ongoing commitment to offering diverse and innovative products," said Johanna Belitz, Head of Nordics at Valour. "We’re excited to bring this new opportunity to investors, tailored to their needs and interests. Valour takes great pride in its ability to quickly gauge investor preferences and deliver products that meet market demands."
"Our expansion into Sweden with the Valour Sui ETP reinforces our commitment to leading the digital asset market in Europe," added Olivier Roussy Newton, CEO of DeFi Technologies. "Sui’s advanced technology and innovative consensus mechanism make it a compelling addition to our product lineup, and we’re thrilled to introduce it to a new audience on the Spotlight Stock Market."
About DeFi Technologies
DeFi Technologies Inc. (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF) is a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (DeFi). With a dedicated focus on industry-leading Web3 technologies, DeFi Technologies aims to provide widespread investor access to the future of finance. Backed by an esteemed team of experts with extensive experience in financial markets and digital assets, we are committed to revolutionising the way individuals and institutions interact with the evolving financial ecosystem. Follow DeFi Technologies on Linkedin and Twitter, and for more details, visit https://defi.tech/
About Valour
Valour Inc. and Valour Digital Securities Limited (together, “Valour”) issues exchange traded products (“ETPs”) that enable retail and institutional investors to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business line of DeFi Technologies Inc. (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF).
In addition to their novel physical backed digital asset platform, which includes 1Valour Bitcoin Physical Carbon Neutral ETP, 1Valour Ethereum Physical Staking, and 1Valour Internet Computer Physical Staking, Valour offers fully hedged digital asset ETPs with low to zero management fees, with product listings across European exchanges, banks and broker platforms. Valour's existing product range includes Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM), Binance (BNB), Ripple (XRP), Toncoin (TON), Internet Computer (ICP), Chainlink (LINK), Hedera (HBAR), Core (CORE), Enjin (ENJ), Valour Bitcoin Staking (BTC), Bitcoin Carbon Neutral (BTCN), Sui (SUI), Valour Digital Asset Basket 10 (VDAB10) and 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETPs with low management fees. Valour's flagship products are Bitcoin Zero and Ethereum Zero, the first fully hedged, passive investment products with Bitcoin (BTC) and Ethereum (ETH) as underlyings which are completely fee free. For more information about Valour, to subscribe, or to receive updates, visit valour.com.
Cautionary note regarding forward-looking information:
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the listing of Valour Sui (SUI) ETP; the development of the Sui blockchain; investor confidence in Valour’s ETPs; investor interest and confidence in digital assets; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by the Company and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour exchange traded products by exchanges; growth and development of decentralised finance and cryptocurrency sector; rules and regulations with respect to decentralised finance and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
For further information, please contact:
Olivier Roussy Newton
Chief Executive Officer
ir@defi.tech
(323) 537-7681
FAQ
What is the new product launched by Valour on the Spotlight Stock Market?
What is the market cap of Sui and its ranking among digital assets?
What is the ISIN and management fee for the Valour Sui (SUI) SEK ETP?
What are the key features of the Sui blockchain that make it unique?
