Polkadot ETP hits Swedish stock market

Polkadot ETP hits Swedish stock market


The mainstream financial world has taken notable strides to incorporate various crypto assets. A new exchange-traded product (ETP) for Polkadot (DOT) recently surfaced on a mainstream exchange in Sweden. 

The Nordic Growth Market now hosts buying and selling for the DOT ETP, officially labeled as the “VALOUR POLKADOT (DOT) SEK,” according to a public statement provided to Cointelegraph. The ETP is a product of Valour, a company that produces digital asset-based ETPs. The product went live on the exchange on Monday. A company called DeFi Technologies is Valour’s parent company.

“This is a particularly exciting time for the Polkadot protocol with the upcoming launch of its parachain functionality, providing increased scalability and finalizing its core build,” Diana Biggs, Valour’s CEO, said, as quoted in the public statement. “Our launch of Valour DOT SEK is a direct response to increased demand from both retail and institutional investors for access to further innovative blockchain protocols via our ETPs.”

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