Valour Inc. launches Physical Backed Staking ETP for the ICP Token

PRNewswireFebruary 21, 20244 min

DeFi¬†Technologies Inc. (the “Company” or “DeFi¬†Technologies“), a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi“), is pleased to announce that its subsidiary Valour Inc. (“Valour“), a leading issuer of exchange traded products (“ETPs“) that provide simplified access to digital assets, has launched its physical backed staking ETP for the ICP token

The Valour Internet Computer Protocol provides retail and institutional investors with trusted, secure, and diversified exposure to the innovative and fast-growing Internet Computer ecosystem, enabling participation in a decentralized web platform that aims to redefine the future of the digital landscape.

The Internet Computer adds autonomous serverless cloud functionality to the public Internet ‚Äď making it possible to build almost any system or service entirely on a¬†decentralized¬†network. Developers and enterprises no longer have to rely on legacy IT systems that are susceptible to hacks and down time. The Internet Computer is a tamper proof and unstoppable network, a new paradigm of computing power.

“Through the launch of the Valour Internet Computer Protocol (ICP) ETP, we are expanding our portfolio and offering investors a broader spectrum of high-quality digital assets,” said¬†Olivier Roussy Newton, CEO of¬†DeFi¬†Technologies and Director of Valour. “This initiative is a testament to our commitment to diversity and innovation in the investment landscape. By continuously broadening our range of offerings, we aim to empower investors with the flexibility and opportunity to diversify their portfolios with cutting-edge digital assets, fostering a more inclusive and versatile financial market.”

“Copper is proud to provide the necessary institutional support on the ICP network, allowing Valour to securely store and stake ICP tokens within Copper’s secure infrastructure. This setup provides the required framework for investors to gain exposure to the underlying technology of ICP, relying on the highest tech standards for digital assets,” comments Mr.¬†Benitez Rubianes, BD Director at Copper.co, Valour’s trusted industry-grade custodian for digital assets.

Marco A. Infuso, Chief Sales Officer at Valour Europe AG, added, “This collaboration enables safe and easy access to ICP tokens via traditional brokers, banks, and platforms. In this way, ICP can be integrated into every portfolio, just as shares and bonds have been for decades. Another milestone in¬†crypto¬†adoption for European clients.”

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