Floki DAO Moves Forward with ETP Launch on SIX Swiss Exchange

user avatar

by Giorgi Kostiuk

2 years ago

Floki DAO has decided to allocate part of its token supply as liquidity for a new exchange product, set to launch on Switzerland's SIX Swiss Exchange.

Floki ETP: A New Stage for Meme Coins

Floki will be one of the few meme coins to be listed on a regulated stock exchange. The ETP on SIX Swiss Exchange is expected to attract both institutional and retail investors, affirming meme coins' legitimacy in the traditional financial market.

Overcoming the Challenges of ETP Launch

Launching meme coins on a regulated exchange comes with challenges such as volatility. Floki has partnered with leading asset managers and ETP issuers for a successful launch.

Expanding the Floki Ecosystem

Floki is actively building its ecosystem, with plans to launch the metaverse game Valhalla and introduce the 'University of Floki' initiative to spread cryptocurrency knowledge.

Floki's plans to launch an ETP on the Swiss exchange and efforts to expand its ecosystem underline the project's commitment to strengthening its market position and gaining recognition among a broad audience.

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

CF Benchmarks Introduces CFB Oracle to Enhance On-Chain Price Integrity

CF Benchmarks has launched CFB Oracle, a service providing cryptographically signed index information for applications on Ethereum mainnet, HyperEVM, and Robinhood Chain.

user avatarLuis Flores

SEC Proposes New Custody Framework for Crypto Assets

The SEC has proposed a new custody framework for investment advisers and registered funds dealing with crypto assets, allowing for potential self-custody and the use of state trust companies as custodians.

user avatarArif Mukhtar

FINMA Approves First Swiss Retail Bitcoin ETF

Switzerland's financial regulator, FINMA, has approved its first retail ETF that invests directly in Bitcoin, allowing retail investors to gain regulated exposure to Bitcoin.

user avatarMaria Gutierrez

EIP7906 Proposal Considered for Enhancing Ethereum Transaction Safety

The Ethereum Foundation is considering EIP7906, which proposes a readonly post-transaction frame to evaluate changes and events before accepting transaction outcomes.

user avatarDavid Robinson

Ethereum Foundation Investigates Enhancements to Transaction Safety

Researchers at the Ethereum Foundation are examining native transaction assertions to enhance transaction safety and reliability in digital asset markets.

user avatarAndrew Smith

Ethereum Developers Delay Glamsterdam Upgrade on Hoodi Testnet

Ethereum developers have postponed the Glamsterdam upgrade initially scheduled for the Hoodi testnet on October 26, with no new activation date provided.

user avatarJacob Williams

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.