DeFi Technologies Inc., a crypto-native technology company at the forefront of merging traditional capital markets with decentralized finance (“DeFi”), proudly announces that its subsidiary Valour Inc. (“Valour”), a leading issuer of exchange-traded products (“ETPs”) providing simplified access to digital assets, has listed the Valour Sui (SUI) ETP on the Spotlight Stock Market. The Valour Sui (SUI) ETP provides a secure and straightforward way for investors to gain exposure to Sui, a rapidly growing layer-1 blockchain optimized for on-chain use cases through its unique consensus mechanism and object-centric data model. With a market cap of $5.37 billion, Sui ranks among the top 20 digital assets worldwide.
The Valour Sui (SUI) SEK ETP is the latest addition to Valour’s expanding array of digital asset products. This ETP grants investors access to Sui’s native token, leveraging the blockchain’s horizontal scaling capabilities to enable high throughput via transaction parallelization. Focused on instant finality and efficiency, Sui’s design is ideal for applications requiring real-time transactions, such as gaming and finance. The ETP features a 1.9% management fee, providing investors with seamless and transparent access to this innovative digital asset.
Unlike traditional blockchain models, Sui utilizes an object-centric approach that allows for the independent validation of transactions through a Byzantine fault-tolerant proof-of-stake (“PoS“) consensus mechanism. This novel structure eliminates the need for sequential transaction validation, enhancing scalability and transaction speed.
“Meeting the demand for Sui in Sweden reflects our ongoing commitment to offering diverse and innovative products,” said Johanna Belitz, Head of Nordics at Valour. “We’re excited to bring this new opportunity to investors, tailored to their needs and interests. Valour takes great pride in its ability to quickly gauge investor preferences and deliver products that meet market demands.”
“Our expansion into Sweden with the Valour Sui ETP reinforces our commitment to leading the digital asset market in Europe,” added Olivier Roussy Newton, CEO of DeFi Technologies. “Sui’s advanced technology and innovative consensus mechanism make it a compelling addition to our product lineup, and we’re thrilled to introduce it to a new audience on the Spotlight Stock Market.”
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