Valour Launches Hedera ETP on Euronext Amsterdam

Valour, the asset management division of DeFi Technologies, has officially launched the 1Valour Hedera Physical Staking Exchange-Traded Product (ETP) on Euronext Amsterdam. The product, which is based on the Hedera HBAR token, was introduced on December 18 to provide European investors with direct access to Hedera’s staking capabilities. This marks an important expansion of Valour’s Hedera ETP offerings, made possible through collaboration with The Hashgraph Group, a venture capital and tech platform within the Hedera ecosystem.

The launch of this Hedera ETP comes with $5 million in seed funding from The Hashgraph Group, further solidifying its backing. Valour sees the introduction of this product as part of a broader strategy to bridge traditional finance with decentralized finance (DeFi) technologies, meeting the growing demand for exchange-traded products (ETPs) in the crypto market. As of the latest data, global inflows into ETPs have surpassed $44.5 billion year-to-date, with significant interest in products like BlackRock’s iShares Bitcoin Trust.

This new Hedera HBAR ETP follows Valour’s previous successful launch of a physically-backed Ethereum staking ETP on the London Stock Exchange in September, and a NEAR Protocol ETP in July. The Hedera product is the first listing under Valour Digital Securities Limited’s base prospectus on the pan-European Euronext exchange.

Olivier Roussy Newton, CEO of DeFi Technologies, emphasized the importance of this launch, noting that it broadens the investment opportunities for both institutional and retail investors, allowing them to participate in the growth of Hedera’s robust and sustainable network. This aligns with the increasing demand for transparent and regulated digital asset investments.

Hedera, a proof-of-stake blockchain platform, is currently the 21st largest cryptocurrency by market capitalization, valued at over $11.4 billion. The HBAR token has experienced a surge in price recently, supported by the growing adoption and expansion of the Hedera network. This includes the addition of new products and an increase in the total value locked on the platform. The Hedera governing council now comprises 33 members, including major entities such as Deutsche Telekom, Google, IBM, Standard Bank, and Abrdn.

The launch of the 1Valour Hedera Physical Staking ETP provides further exposure to Hedera’s growing ecosystem and its staking opportunities, which have become increasingly popular as more investors look to participate in DeFi.