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.
