Floki DAO Greenlights ETP Introduction on Swiss Exchange

user avatar

by Giorgi Kostiuk

2 years ago

Floki DAO has approved a proposal to use part of its token supply as liquidity for an upcoming ETP. This marks a significant step for the meme coin Floki, set to debut on a regulated stock market.

Floki DAO Launching ETP

The Floki DAO unanimously decided to allocate 16.3 billion tokens from a buyback wallet as liquidity for the Floki ETP. The proposal emphasizes creating a regulated investment vehicle to attract both institutional and retail investors.

Opportunities and Objectives of Floki ETP

Floki's ETP is set to launch on the SIX Swiss Exchange in Q1 2025, making it the second meme coin after Dogecoin to be listed on a regulated exchange. It is a strategic move to validate meme coins in the traditional finance market.

Overcoming Challenges and Expanding Floki

Launching a meme coin ETP on a regulated exchange poses challenges due to token volatility. Floki has partnered with a leading asset manager to ensure product stability. It also plans to launch its NFT metaverse, *Valhalla*, and the educational platform *University of Floki*.

Through strategic partnerships and expanding initiatives, Floki aims to solidify its place in the crypto world and integrate into traditional financial systems.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Birdeye Unveils Peak, a New Terminal for Institutional Crypto Research

Birdeye has launched Peak, a new terminal aimed at institutional crypto researchers, consolidating various data and analysis services into one professional workspace.

user avatarMaya Lundqvist

Google Implements New Advertising Policy for Crypto Providers in UAE

Google has announced new licensing and certification requirements for crypto exchanges and software wallet providers targeting customers in the United Arab Emirates.

user avatarLeo van der Veen

Meta's Board Approves New Class of Nonvoting Stock

Meta's board has approved the creation of Class C nonvoting shares to be distributed to existing Class A and Class B shareholders, effective January 19, 2027.

user avatarLi Weicheng

Meta's Financial Strategy Ensures Founder Control

Meta's financial strategy includes plans to potentially raise hundreds of billions in equity while ensuring Mark Zuckerberg retains control over the company.

user avatarAisha Farooq

BitGo Introduces BitGo Labs to Innovate in AI and Cryptocurrency

BitGo has launched BitGo Labs to develop AI-integrated applications for its digital asset infrastructure, starting with the Gokubu app.

user avatarTenzin Dorje

TRON Solidifies Its Position as a Leading Blockchain Network for Stablecoin Settlement

In Q3 2026, TRON reinforced its position as a leading blockchain network for stablecoin settlement, achieving trillions in transaction volume and a record supply of USDT.

user avatarBayarjavkhlan Ganbaatar

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.