- The Exchange Traded Products are physically backed by digital assets
- The main focus of the partnership is to launch, run, and distribute ETPs worldwide
DeFi Technologies subsidiary Valour Inc. and Bitcoin Suisse AG announced a partnership to issue Exchange Traded Products (ETPs) physically backed by digital assets, Bankless Times learned from a press release.
Launching and distributing ETPs worldwide
The main focus of the partnership is to launch, run, and distribute ETPs in the Swiss and international market. BitcoinSuisse has already established itself as a brand in theSwiss cryptoassets sector. Valour Inc. will issue ETPs and provide a platform to list digital assets.
Bitcoin Suisse offers institutional-grade, innovative crypto services. Valour Inc.’s exchange-traded products let retail and institutional investors access Bitcoin and other digital assets securely and safely.
Combination of know-how and experience
This product partnership leverages Valour’s know-how in ETPs, its ABS issuance platform, and its established sales and marketing channels. It also takes advantage of Bitcoin Suisse’s well-known brand and extensive experience in the crypto sector, both in Switzerland and abroad.
DeFi Technologies CEO Olivier Roussy Newton commented:
The combination of our issuance platform and operational expertise in the ETP market and Bitcoin Suisse’s impressive track record, high-quality service, and strong brand recognition as our established partner will contribute to creating more robust and diversified investment opportunities for investors.
Bitcoin Suisse CEO Dirk Klee added:
We are excited to cooperate with Valour and to provide them with our expertise to create leading crypto investments for professional and institutional partners. Valour is a trusted and established partner with a high-performing team that places equal value on security, reliable access to digital assets and transparency as Bitcoin Suisse does. For us, this partnership represents an important step towards becoming the leading crypto investment partner in Switzerland and other target markets.
Valour launched its first physically-backed ETP
Valour announced the launch of its first physically-backed ETP on July 15. It is secured by digital assets, which regulated custodians store physically. Valour also offers fully-protected digital asset ETPs with listings on broker platforms, banks, and multiple European exchanges.
