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Floki DAO Launches ETP on Europe's SIX Exchange

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by Giorgi Kostiuk

a year ago

Floki DAO has decided to allocate a portion of its token supply as liquidity for the upcoming exchange-traded product (ETP), marking a significant step for the Floki meme coin.

Launch of Floki ETP

Floki’s ETP will be launched on Switzerland's SIX Swiss Exchange in 2025, making Floki the second meme coin after Dogecoin to be listed on a regulated exchange. This will give investors a secure way to gain exposure to Floki without directly owning the asset.

Challenges in ETP Launch

Launching a meme coin on a regulated exchange poses risks like volatility. Floki has taken measures to manage these risks by partnering with leading asset managers and an ETP issuer.

Further Plans for Floki

Floki is expanding its reach in various sectors of the crypto and finance world. In 2025, it plans to launch the NFT-based game Valhalla and an educational initiative, the University of Floki. The new Floki debit cards are now available in 31 European countries.

The launch of Floki ETP on the Swiss exchange could mark a turning point for meme coins, strengthening their presence in the traditional financial world.

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