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

Floki DAO Approves Launch of ETP on Swiss Exchange

user avatar

by Giorgi Kostiuk

3 months ago


The Floki DAO has decided to allocate part of its tokens for the launch of a new ETP on the Swiss Exchange. This is a significant event for the meme coin, set to be the second cryptocurrency of its kind on a regulated exchange.

ETP Launch: A Step Forward for Floki

Floki will launch its ETP on Europe's third-largest stock exchange, the SIX Swiss Exchange. The launch is expected in Q1 2025, making Floki the second meme coin after Dogecoin to be listed on a regulated exchange. This move is anticipated to provide investors with a regulated and secure investment vehicle, similar to ETFs.

Benefits and Challenges of ETP Launch

The launch of Floki's ETP on a regulated exchange presents several challenges. While meme coins tend to be quite volatile, Floki has taken steps to mitigate risks by partnering with a leading asset manager and an ETP issuer. These alliances aim at ensuring a successful implementation and stability of the ETP.

Additional Achievements of Floki

Floki continues to gain recognition in various sectors. Recently, the CFTC recognized Floki as a utility token. In 2025, an NFT-based metaverse game, *Valhalla*, is set to launch. The project has also introduced the *University of Floki*, an initiative to educate the public about the cryptocurrency industry. Furthermore, the *Floki Debit Card* is now available across 31 European countries, enabling users to utilize digital assets in everyday transactions.

The ETP launch marks a significant milestone for Floki, aiming to establish a footing in traditional finance and provide new opportunities for its investors.

0

Share

Other news

Strategic Cooperation Between Kyrgyzstan and Changpeng Zhao to Develop Blockchain

Kyrgyzstan has signed a Memorandum of Understanding with Changpeng Zhao to develop blockchain infrastructure and cryptocurrency.

user avatarGiorgi Kostiuk

2 minutes ago

China's Tax Policy Triggers Uncertainty in the Cryptocurrency Market

China's surprise 34% tariff on U.S. imports causes sharp declines in cryptocurrency values, including Bitcoin.

user avatarGiorgi Kostiuk

3 minutes ago

ChatGPT: Growth and Development of One of the Most Popular AI Chatbots

OpenAI's ChatGPT rapidly gains popularity with 300 million active users. We explore its journey and key updates.

user avatarGiorgi Kostiuk

4 minutes ago

XRPL Apex 2025 in Singapore: What to Expect from Ripple in June?

XRPL Apex 2025 will be held in Singapore from June 10 to 12, featuring important discussions and innovations in the blockchain ecosystem.

user avatarGiorgi Kostiuk

4 minutes ago

Innovative Web3 Companies: Top 15 in 2025

Explore the best Web3 companies of 2025, their impact, and innovations in the decentralized ecosystem.

user avatarGiorgi Kostiuk

5 minutes ago

China Introduces Retaliatory Tariffs on US Imports in Response to Trump's Actions

China responds to new US tariffs with a 34% charge on American goods, causing sharp reactions in the markets.

user avatarGiorgi Kostiuk

5 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.