Floki DAO unanimously approved a proposal to allocate a portion of its tokens for liquidity for an upcoming ETP on Switzerland's SIX Swiss Exchange.
ETP Launch on SIX Swiss Exchange
Floki is set to become the second meme coin, after Dogecoin, to be listed on a regulated exchange. The ETP is expected to launch in the first quarter of 2025, offering investors a secure way to engage with Floki without directly owning the asset.
Benefits and Challenges of Floki ETP
Launching a meme coin on a regulated exchange involves several challenges. The volatility of Floki poses risks to both investors and product success. However, Floki is taking measures to manage these risks by partnering with a leading asset manager and an ETP issuer.
The Future of Floki: New Projects and Initiatives
Development plans include the 2025 launch of the NFT-based game *Valhalla* and the educational initiative *University of Floki*. The Floki Debit Card is now available in 31 European countries, further bridging the gap between crypto and traditional finance.
Floki is actively strengthening its market position by expanding opportunities and innovations for its users. The ETP will be a significant step towards integrating cryptocurrencies into traditional financial systems.