Particle.news

Download on the App Store

FLOKI Surges as Valour Lists First European ETP on Sweden’s Spotlight

The listing gives traditional investors regulated exposure to the token without requiring direct custody.

Overview

  • Valour, the ETP arm of DeFi Technologies, launched the Valour Floki (FLOKI) SEK product on the Spotlight Stock Market in Sweden.
  • Floki is the first BNB Chain project other than BNB to secure an ETP listing in Europe, according to the project and multiple outlets.
  • FLOKI’s price jumped roughly 25%–34% within a day of the debut, pushing its market capitalization above $1 billion as trading volumes spiked.
  • CoinGlass data showed open interest up about 75% to $59.7 million and a taker-buy ratio near 1.05, signaling bullish positioning in derivatives.
  • The Floki DAO allocated more than 16 billion tokens from its treasury to support liquidity for the ETP, while Valour’s crypto ETP lineup now spans roughly 99 products.