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.