Pi Network Gets Valour ETP Listing in Sweden, Will Price Now Fly Past $1?

Valour Inc., a subsidiary of DeFi Technologies listed on Nasdaq, has launched a Pi ETP on Sweden’s Spotlight Stock Market. Along with it, the company also introduced eight new SEK-based Exchange Traded Products (ETPs) on the same market.

Valour Launches First Pi ETP

The launch brings regulated and convenient access to Pi via traditional brokerage channels for mainstream and institutional investors across Europe. The product has a 1.9% management fee and will trade in Swedish kronor with the identification number ISIN CH1108681540. Now, mainstream investors across Europe can easily access Pi ETP.

Valour launched ETPs for seven cryptocurrencies, including Shiba Inu (SHIB), Pi (PI), Ondo (ONDO), Cronos (CRO), Mantle (MNT), VeChain (VET), Ethena (ENA), and Celestia (TIA). The firm now lists over 85 ETPs on European exchanges, strengthening its leadership and product coverage. Johanna Belitz, Head of Nordics at Valour, said these products cater to investor demand for diversified exposure across major blockchains and ecosystems.

Growing Criticism Around Pi and The Role of Valour

Pi Network has been receiving heavy criticism lately over its falling price, long delays, and lack of visible progress. Amid these tough times, analyst Dr. Altcoin has pointed out a turning point for Pi Network through Valour.

Valour currently offers more than 85 cryptocurrency-backed Exchange-Traded Products, and these products give traditional investors easy and secure access to digital assets through stock brokers, without the need to directly buy from crypto exchanges.

According to Dr. Altcoin, if Pi Network is listed as an ETP on Valour, it could open the door for regular investors worldwide to gain exposure to Pi in a safe and regulated way.

The analyst also said that Pi’s track record still shows investor confidence. Despite being relatively new to public trading, Pi once reached a peak market capitalization of over $11 billion, ranking 11th globally at its height. Even today, Pi maintains around $3 billion in market value, with daily trading volumes close to $100 million.

FAQs

What is the new Pi ETP launched by Valour Inc.?

Investors in Europe can now access the Pi cryptocurrency through the new regulated Pi ETP, using traditional brokerage channels.

How does an ETP give investors access to cryptocurrencies?

An ETP is a security that tracks the price of an underlying asset. It lets traditional investors gain exposure to digital assets without directly buying from crypto exchanges.

What other ETPs did Valour launch on the Spotlight Stock Market?

Valour launched ETPs for Shiba Inu (SHIB), Ondo (ONDO), Cronos (CRO), Mantle (MNT), VeChain (VET), Ethena (ENA), and Celestia (TIA).

Konten pada halaman ini disediakan oleh pihak ketiga. Kecuali dinyatakan lain, OKX bukanlah penulis artikel yang dikutip dan tidak mengklaim hak cipta atas materi tersebut. Konten ini disediakan hanya untuk tujuan informasi dan tidak mewakili pandangan OKX. Konten ini tidak dimaksudkan sebagai dukungan dalam bentuk apa pun dan tidak dapat dianggap sebagai nasihat investasi atau ajakan untuk membeli atau menjual aset digital. Sejauh AI generatif digunakan untuk menyediakan ringkasan atau informasi lainnya, konten yang dihasilkan AI mungkin tidak akurat atau tidak konsisten. Silakan baca artikel yang terkait untuk informasi lebih lanjut. OKX tidak bertanggung jawab atas konten yang dihosting di situs pihak ketiga. Kepemilikan aset digital, termasuk stablecoin dan NFT, melibatkan risiko tinggi dan dapat berfluktuasi secara signifikan. Anda perlu mempertimbangkan dengan hati-hati apakah trading atau menyimpan aset digital sesuai untuk Anda dengan mempertimbangkan kondisi keuangan Anda.