Floki DAO approved a proposal to allocate a portion of its tokens as liquidity for a new exchange-traded product (ETP) on the SIX Swiss Exchange. This is a significant event for Floki in the cryptocurrency space.
A New Milestone for Floki
Floki's ETP is set to launch on Switzerland's SIX Swiss Exchange in Q1 2025, making it the second meme coin after Dogecoin to be listed on a regulated exchange. This move will offer a new method for investors to gain exposure to Floki without directly holding the asset. Floki's ETP is viewed as a strategic step toward proving the legitimacy of meme coins in the traditional finance market.
Challenges of Launching a Meme Coin ETP
Launching a meme coin on a regulated exchange comes with challenges, such as volatility risks. Floki, however, has partnered with a leading asset manager and an ETP issuer to manage these risks and ensure the product's stability. Recently, Floki gained significant recognition, including being recognized as a utility token by the CFTC at a meeting in November 2025.
Expanding the Floki Ecosystem
Floki is also expanding its ecosystem. In 2025, it plans to launch its NFT metaverse game, Valhalla, to enhance the token's utility. The 'University of Floki' initiative aims to broaden public knowledge of cryptocurrencies. Recently, the Floki Debit Card was launched in 31 European countries, compatible with Visa and Mastercard, facilitating the use of crypto assets in everyday transactions.
The launch of Floki ETP on the SIX Swiss Exchange is a significant step toward developing meme coins and strengthening their positions in the traditional finance sector. In the coming years, Floki plans to continue actively developing its ecosystem.
