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Floki Allocates Tokens for ETP on Swiss Exchange

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by Giorgi Kostiuk

a year ago

The Floki DAO has unanimously approved a proposal to allocate a portion of its token supply as liquidity for an upcoming exchange-traded product (ETP), marking a significant milestone for the meme coin Floki.

Floki ETP: A New Milestone

Floki's ETP will be launched on Switzerland's SIX Swiss Exchange in the first quarter of 2025, offering a new, secure way for investors to gain exposure to Floki without direct asset ownership.

Overcoming Challenges in ETP Launch

Launching a meme coin on a regulated exchange involves challenges such as volatility. Floki partners with a leading asset manager and ETP issuer to ensure successful launch and stability.

Expanding Floki Ecosystem

Floki is also expanding its ecosystem with the anticipated launch of the Valhalla metaverse game and University of Floki project. The Floki Debit Card, available in 31 European countries, has also been launched.

Floki's initiatives aim to strengthen its position in the global crypto market, becoming more accessible and reliable for institutional and retail investors.

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