Floki DAO has proposed creating an exchange-traded product (ETP) for institutional investors, offering a new way to engage with the Floki memecoin.
Voting Underway
On December 25, Floki DAO submitted a proposal to allocate part of the treasury—16 billion FLOKI tokens valued at $2.8 million—to an asset manager for the new ETP, which will be listed on the SIX Swiss Exchange. So far, the proposal has 140 votes in favor with no opposition. Voting closes on December 27.
Floki's New Educational Platform
Floki has launched the University of Floki to make blockchain and Web3 technology accessible. The platform features courses for beginners and experts on topics like DeFi, security, finance, blockchain, smart contracts, and NFTs. Initial courses include 'Introduction to Blockchain Technology' and 'Understanding DeFi Fundamentals'.
Disclaimer
Information by Altcoin Buzz is for educational, entertainment, and informational purposes and not financial advice. Cryptocurrencies involve high-risk investments, so due diligence is advised.
The new Floki DAO ETP could provide institutional investors with new opportunities and support crypto market development. The educational initiative aims to boost awareness about blockchain and Web3.
