- New ETP, Valour Uniswap, will enable institutions and individuals to invest in Uniswap (UNI) as easily as buying shares from their bank or broker
- Uniswap is the world’s largest decentralized exchange, with US$12.6.bn USD in market cap and US$5.1bn USD Total Value Locked (TVL) in the protocol1
- Valour has reached over US$290m in Assets Under Management (AUM) from its existing products this month
- Trading in Valour Uniswap began today on the Frankfurt stock exchange
TORONTO, Oct. 28, 2021 /PRNewswire/ – DeFi Technologies Inc. (the “Company” or “DeFi Technologies“) (NEO: DEFI) (GR: RMJR) (OTC: DEFTF), a technology company bridging the gap between traditional capital markets and decentralized finance, today announces that its subsidiary Valour Inc. (“Valour“), an issuer of digital asset exchange traded products (“ETPs“), began trading Valour Uniswap (VALOUR UNISWAP – CH1114178846) on the Börse Frankfurt Zertifikate AG (“Frankfurt“). The Valour Uniswap ETP enables investors to gain exposure to UNI, the native token of the world’s largest decentralised exchange, Uniswap, simply and securely, via their bank or broker.
Uniswap, the world’s most popular decentralized exchange (“DEX“), is experiencing unprecedented growth, with $4.8bn in total liquidity currently in the platform2. An open source protocol built on the Ethereum blockchain, it is a liquidity provider for the trading of tokens on the Ethereum network, known as ERC-20 tokens. This past weekend, Uniswap Labs shared that the Uniswap protocol passed $500bn USD in total trading volume since its launch in November 2018.
“We are pleased to announce today that the Valour Uniswap ETP created by our subsidiary Valour is now trading on the Börse Frankfurt Zertifikate AG. This is the first ever Uniswap ETP being offered to the investing public on traditional equity exchanges,” said Russell Starr, Executive Chairman & CEO of DeFi Technologies. “With our fast growing AUM, over 3000% since January, we’re excited…
