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Home DeFi

DeFi Technologies Announces Un – GuruFocus.com

admincrypto by admincrypto
November 29, 2021
in DeFi
DeFi Technologies Announces Un – GuruFocus.com
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TORONTO, Nov. 29, 2021

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  • New ETP, Valour Uniswap (UNI) SEK, enables institutions and individuals to invest in Uniswap (UNI) as easily as buying shares from their bank or broker
  • Uniswap is the world’s largest decentralised exchange, with more than US$12bn in market cap1 and US$4bn Total Value Locked (TVL) in the protocol2
  • In November 2021, Valour reached more than US$370m in AUM from its existing products
  • Trading in UNI SEK to begin on Nordic Growth Market on December 1, 2021

TORONTO, Nov. 29, 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, announces the launch of Valour Uniswap SEK (VALOUR UNISWAP (UNI) SEK – CH1114178754) (“Valour Uniswap ETP“) on Stockholm’s Nordic Growth Market (“NGM“) through subsidiary Valour Inc. (“Valour“), the issuer of digital asset ETPs.

DeFi_Technologies__Inc__DeFi_Technologies_Announces_Uniswap_Exch.jpg

Valour launched its euro denominated Valour Uniswap ETP on Frankfurt Boerse in October, the first Uniswap ETP in the world. Its Swedish Krona (“SEK“) denominated product, Valour Uniswap (UNI) SEK, listed on NGM enables Nordic-based investors to gain exposure to UNI, the native token of the world’s largest decentralised exchange, Uniswap, for the first time, simply and securely, via their bank or broker.

Uniswap, the world’s most popular decentralised exchange (“DEX“), has experienced unprecedented growth, with currently $4.13bn in TVL the platform3. 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. In November, the Uniswap protocol passed $600bn in total trading volume since its launch in November 2018, according to Uniswap Labs.

Valour CEO and DeFi Technologies Chief Strategy Officer Diana Biggs said: “The Nordic investment market for digital assets is one of the most developed in the world, with strong liquidity and engaged…

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