Uniswap Exchange Traded Product Releases on German Stock Exchange
Valour, a Zurich based exchange traded product (ETP) manager, has launched an investment product to increase institutional exposure to the decentralized exchange Uniswap which operates on the Ethereum network.
The “Valour Uniswap ETP” will form with $UNI as the underlying asset, which is the governance token behind the decentralized protocol.
The ETP was launched on the Boerse Frankfurt Zertifikate AG stock exchange, a German based exchange.
Valour CEO Diana Biggs commented on the difficulties of accessing blockchain focused investment products on traditional markets, stating that “Uniswap ETP will provide investors with the opportunity to gain exposure to areas of innovation, in particular to decentralized finance.”
Valour’s assets under management have grew over 3,000% in 2021, surpassing $290 million just from trading on traditional stock exchanges.