DeFi Technologies Subsidiary Valour Introduces World's first Physical Yield Bearing Bitcoin (1VBS) ETP in Collaboration with Core Foundation, to German Investors on Xetra, Offering Exposure to Bitcoin with an initial fixed yield of 1.40%
DeFi Technologies subsidiary Valour has launched the world's first Physical Yield Bearing Bitcoin ETP (1VBS) on Frankfurt Börse Xetra, targeting German investors. The product offers exposure to Bitcoin with an initial fixed yield of 1.40% and a 0.9% management fee. The ETP (ISIN: GB00BRBV3124) operates through the Core blockchain network, which is powered by Bitcoin and features EVM compatibility.
The innovative product delegates Bitcoins to Core validators while maintaining custodial control, allowing investors to earn yield without managing their own validators. The yield is reflected daily in the Digital Asset Entitlement and NAV. Trading commenced on November 1, 2024, with Valour retaining full custodial control throughout the staking process.
Valour, una controllata di DeFi Technologies, ha lanciato il primo ETP fisico a rendimento su Bitcoin al mondo (1VBS) sulla Börse Xetra di Francoforte, mirando agli investitori tedeschi. Il prodotto offre esposizione a Bitcoin con un rendimento fisso iniziale dell'1,40% e una commissione di gestione dello 0,9%. L'ETP (ISIN: GB00BRBV3124) opera attraverso la rete blockchain Core, alimentata da Bitcoin e con compatibilità EVM.
Il prodotto innovativo delega i Bitcoin ai validatori di Core, mantenendo il controllo fiduciario, permettendo così agli investitori di guadagnare rendimento senza dover gestire i propri validatori. Il rendimento è riflesso quotidianamente nell'Entitlement degli Asset Digitali e nel NAV. Gli scambi sono iniziati il 1° novembre 2024, con Valour che mantiene il pieno controllo fiduciario durante l'intero processo di staking.
Valour, subsidiaria de DeFi Technologies, ha lanzado el primer ETP físico con rendimiento en Bitcoin del mundo (1VBS) en la Bolsa Xetra de Frankfurt, dirigido a inversores alemanes. El producto ofrece exposición a Bitcoin con un rendimiento fijo inicial del 1.40% y una tarifa de gestión del 0.9%. El ETP (ISIN: GB00BRBV3124) opera a través de la red blockchain Core, que está alimentada por Bitcoin y cuenta con compatibilidad EVM.
El innovador producto delega los Bitcoins a los validadores de Core, manteniendo el control custodial, lo que permite a los inversores obtener rendimiento sin gestionar sus propios validadores. El rendimiento se refleja diariamente en el Derecho de Activos Digitales y en el NAV. La negociación comenzó el 1 de noviembre de 2024, con Valour manteniendo el control custodial completo durante todo el proceso de staking.
DeFi Technologies의 자회사인 Valour는 독일 투자자들을 대상으로 세계 최초의 물리적 수익 발생 비트코인 ETP (1VBS)를 프랑크푸르트 거래소 Xetra에 출시했습니다. 이 제품은 1.40%의 고정 수익률로 비트코인에 대한 노출을 제공합니다며, 관리 수수료는 0.9%입니다. 이 ETP(ISIN: GB00BRBV3124)는 비트코인으로 구동되는 코어 블록체인 네트워크를 통해 운영됩니다.
이 혁신적인 제품은 비트코인을 코어의 검증자에게 위임하면서도 관리 권한을 유지하여 투자자들이 자신의 검증자를 관리하지 않고도 수익을 얻을 수 있도록 합니다. 수익은 디지털 자산 권리와 NAV에 매일 반영됩니다. 거래는 2024년 11월 1일에 시작되었으며, Valour는 스테이킹 과정 전반에 걸쳐 완전한 관리 권한을 유지합니다.
Valour, une filiale de DeFi Technologies, a lancé le premier ETP physique à rendement Bitcoin au monde (1VBS) sur la Bourse de Francfort Xetra, s'adressant aux investisseurs allemands. Le produit offre une exposition au Bitcoin avec un rendement fixe initial de 1,40% et des frais de gestion de 0,9%. L'ETP (ISIN: GB00BRBV3124) fonctionne via le réseau blockchain Core, alimenté par Bitcoin et compatible EVM.
Ce produit innovant délègue les Bitcoins aux validateurs de Core tout en maintenant un contrôle fiduciaire, permettant ainsi aux investisseurs de gagner des rendements sans avoir à gérer leurs propres validateurs. Le rendement est reflété quotidiennement dans le Droit sur les Actifs Numériques et le NAV. Les échanges ont commencé le 1er novembre 2024, Valour conservant le contrôle fiduciaire total tout au long du processus de staking.
Valour, eine Tochtergesellschaft von DeFi Technologies, hat das weltweit erste physische ertragbringende Bitcoin-ETP (1VBS) an der Frankfurter Börse Xetra gestartet, das sich an deutsche Investoren richtet. Das Produkt bietet Exposition gegenüber Bitcoin mit einer anfänglichen festen Rendite von 1,40% und einer Verwaltungsgebühr von 0,9%. Das ETP (ISIN: GB00BRBV3124) läuft über das Core-Blockchain-Netzwerk, das von Bitcoin betrieben wird und EVM-Kompatibilität aufweist.
Das innovative Produkt delegiert Bitcoins an Core-Validatoren und behält gleichzeitig die verwahrende Kontrolle, sodass Anleger Renditen erzielen können, ohne ihre eigenen Validatoren verwalten zu müssen. Die Rendite wird täglich im Digital Asset Entitlement und im NAV reflektiert. Der Handel begann am 1. November 2024, wobei Valour während des gesamten Staking-Prozesses die volle verwahrende Kontrolle behält.
- Launch of first-ever physical yield-bearing Bitcoin ETP offering 1.40% initial fixed yield
- Maintains full custodial control of assets with regulated custodian
- Low management fee of 0.9%
- Daily yield reflection in NAV
- Enhanced security through Core blockchain's Satoshi Plus consensus mechanism
- Short-term lockup period required for staking process
- Launch of Physically Backed Yield-Bearing Bitcoin (BTC) ETP on Xetra: Valour Digital Securities Limited and Core Foundation partner to bring a yield-bearing Bitcoin ("BTC") ETP on Frankfurt Börse Xetra with a
0.9% management fee, offering German investors exposure to Bitcoin with an initial fixed yield of1.40% . - 1Valour Bitcoin Physical Staking (1VBS) ETP with Core Blockchain: The Core blockchain network, powered by Bitcoin, forms the foundation for 1Valour Bitcoin Physical Staking (1VBS) ETP (ISIN: GB00BRBV3124), providing Ethereum Virtual Machine ("EVM") compatibility and the innovative Satoshi Plus consensus mechanism to enhance security and scalability.
- Simplified Investment with 1Valour Bitcoin Physical Staking (1VBS)ETP: Through delegating Bitcoins to Core validators, this innovative product ensures custodial control while offering yield without the need for investors to set up their own validators. The yield is reflected in the Digital Asset Entitlement and Net Asset Value (NAV) at the end of each trading day.
The ETP provides German investors exposure to Bitcoin with an initial fixed yield of
"This new staking ETP represents a significant opportunity to investors. 1VBS not only invests the world's strongest crypto currency but also generates passive income through an innovative staking mechanism. This dual benefit enhances an investor's investment strategy while simplifying the process, allowing the earning of rewards without the technical complexities of managing underlying assets and staking process. It is a compelling option for informed investors seeking to grow their portfolios in a regulated environment.", says Elaine Buehler, Head of Product at Valour.
Trading of the 1Valour Bitcoin Physical Staking (1VBS) ETP (ISIN: GB00BRBV3124) commenced on November 1, 2024, with a
"We're thrilled to bring German investors a new, physically backed, yield-bearing Bitcoin ETP on Xetra, offering secure and simplified access to Bitcoin's growth potential with an attractive initial fixed yield of
Core Chain: Enhancing Security and Yield
The Core blockchain network, a Bitcoin-powered layer-one blockchain compatible with Ethereum Virtual Machine (EVM) smart contracts, supports 1Valour Bitcoin Physical Staking (1VBS). By leveraging
1Valour Bitcoin Physical Staking (1VBS) simplifies Bitcoin investment, making it secure and accessible for investors seeking Bitcoin's growth potential. Yield is credited to each product's Digital Asset entitlement and reflected in the Net Asset Value (NAV) daily.
Yield Generation and Custodial Security
The 1Valour Bitcoin Physical Staking (1VBS) ETP generates yield by delegating Bitcoins to a Core Chain validator through non-custodial, native Bitcoin staking. Staking rewards, received as CORE tokens in a separate wallet, are converted to Bitcoins and added to the ETP's NAV and own wallet daily. The underlying assets of the ETP remain in Bitcoins at all times. Core Chain, a secure and scalable layer-one blockchain powered by Bitcoin, is supported by a unique 'Satoshi Plus' consensus mechanism that enables Bitcoin miners to delegate Proof of Work ("DPoW") to Core validators, thereby developing the potential of Bitcoin-backed decentralized applications.
Throughout the staking process, Valour retains full custodial control, ensuring security and compliance. Bitcoins are securely staked through a 'stake transaction,' a native Bitcoin transaction type with a short-term lockup period, including staking details like the Core Validator and reward address. During the lockup, the underlying Bitcoins cannot be transferred or slashed, and they remain under Valour's custodial control with a regulated custodian at all times.
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 the listing of 1Valour Bitcoin Physical Staking (1VBS) ETP and yields thereunder; the development of the Core 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
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FAQ
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