In a unanimous decision, Floki DAO approved a proposal to allocate part of its token supply for liquidity in a new ETP on the SIX Swiss Exchange in 2025.
Details on Floki ETP
Floki is developing its ETP for placement on Europe's third-largest exchange, enabling investors secure exposure to Floki without direct asset holding.
Challenges of Launching ETP
Launching a meme coin on a regulated exchange carries risks due to inherent volatility. Floki collaborates with leading firms to manage these risks.
Floki's New Achievements
Apart from ETP, Floki has received recognition from the CFTC and is launching the NFT metaverse game Valhalla. They also offer a Floki debit card available in 31 European countries.
Floki's push into regulated markets and ecosystem development highlights the significance of meme coins in traditional finance.