Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Dec / 26
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- Floki DAO Proposes Launch of Europe-Based ETP on SIX Swiss Exchange
- Dec 26, 2024 at 01:44 pm BSCN
- Floki DAO proposes launching an Exchange-Traded Product (ETP) for its FLOKI token in partnership with an asset manager. This ETP aims to offer regulated investment opportunities for institutional and retail investors, positioning Floki as one of the few meme tokens with European institutional investment products. The ETP will be listed on SIX Swiss Exchange, providing enhanced liquidity, security, and mainstream adoption for FLOKI. A DAO vote will determine the allocation of tokens from Floki DAO's treasury to fund the ETP's liquidity. If approved, FLOKI will become the second meme token with an institutional-grade product in Europe, alongside Dogecoin.
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- Floki DAO floats liquidity provisioning for a Floki ETP in Europe
- Dec 26, 2024 at 09:34 am Cointelegraph
- Floki DAO proposes allocating funds for an exchange-traded product (ETP) in Europe, providing institutional investors access to the Floki memecoin. The proposal involves a portion of Floki's tokens as liquidity, and voting is underway with overwhelming support. The ETP aims to launch by 2025 on the SIX Swiss Exchange through an undisclosed asset manager, but details remain confidential.
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