DeFi Technologies has been authorized to trade Polkadot (DOT) and Cardano (ADA) exchange products (ETPs) on the Frankfurt Stock Exchange through its subsidiary Valour.
Valour said the products will be called Valor Polkadot (DOT) EUR and Valor Cardano (ADA) EUR. Trading began on Monday, February 14, 2022.
Both products will track DOT and ADA prices, respectively.
The company previously launched ETP Valor Uniswap (UNI), Solana (SOL), Bitcoin Zero and Valor Ethereum Zero.
According to DeFi Technologies, the product is designed for retail and institutional investors who want access to regulated Polkadot and Cardano products.
“We are expanding our product offerings in the greater German market through these listings on the Boerse Frankfurt exchange. In Scandinavia, where Valor Polkadot and Cardano are already listed, we are seeing great interest in these crypto-assets. We hope that more investors across Europe will have access to industry-leading ETPs,” said CEO Tommy Fransson.