• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Floki DAO Approves ETP Launch for Listing on SIX Swiss Exchange

user avatar

by Giorgi Kostiuk

2 months ago


Floki DAO has approved a proposal to allocate a significant portion of tokens to provide liquidity for a new ETP on the SIX Swiss Exchange. This move marks a significant milestone for the Floki meme coin.

Floki ETP: A New Milestone

In the first quarter of 2025, Floki ETP will be launched on the SIX Swiss Exchange, one of Europe's largest stock exchanges. This will make Floki the second meme coin, after Dogecoin, to be listed on a regulated exchange. The ETP will offer a new secure way to invest in Floki, similar to ETF funds. A Floki spokesperson noted that the listing will attract institutional investment and bring the coin closer to its goal of being one of the world's most known cryptocurrencies.

Challenges of Launching Meme Coin ETP

The launch of a meme coin ETP on a regulated exchange comes with challenges. The high volatility of meme coins poses risks to investors. Floki has taken measures to manage these risks by partnering with leading asset managers and ETP issuers to ensure the stability of the Floki ETP. In November, CFTC recognized Floki as a utility token, bolstering its market position.

Expanding Floki's Ecosystem

Floki is expanding its ecosystem in various ways. In 2025, it plans to launch an NFT-based game, Valhalla, to enhance the token's utility. It has also launched the University of Floki initiative to educate the public about cryptocurrencies. The new Floki debit card, available in 31 European countries, allows users to spend their crypto assets in everyday transactions.

Advancing through the ETP launch and ecosystem expansion bolsters Floki's market position. These initiatives aim to increase legitimacy and demand for meme coins in the traditional financial sector.

0

Share

Other news

Why Qubetics Leads the Crypto Presale Race

Crypto project Qubetics draws attention in presales with high investment and innovative tech. Learn what sets it apart in the crypto world.

user avatarGiorgi Kostiuk

5 minutes ago

Pi Coin: Price Drop and Community Reaction

Pi Coin drops to $0.70 due to token unlocks and low trading volume, raising community concerns.

user avatarGiorgi Kostiuk

5 minutes ago

Dogecoin: Will the Price Exceed $0.25 or Drop to $0.12?

Dogecoin community worried by market instability and declining investor confidence; key support and resistance levels at $0.18 and $0.25.

user avatarGiorgi Kostiuk

5 minutes ago

Crypto Market: Bitcoin's Growth and Altcoin Value Changes

Explore today's crypto market landscape with Bitcoin's rise and altcoin shifts amidst ongoing instability.

user avatarGiorgi Kostiuk

6 minutes ago

Calming the Kaspa Community: Analyzing the MEXC Situation

Kaspa withdrawal issues on MEXC: technical reasons and community response

user avatarGiorgi Kostiuk

6 minutes ago

Ethereum: Blob Fees Revenue Plunge Raises Concerns

Ethereum experiences a 95% cut in blob fees revenue, indicating economic challenges for the network post-Dencun upgrade.

user avatarGiorgi Kostiuk

6 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.