Floki DAO has decided to allocate a portion of its token supply to provide liquidity for a new exchange-traded product (ETP). This move will make Floki one of the few meme coins presented on a regulated stock exchange.
Floki ETP Launch
Floki plans to launch an exchange-traded product (ETP) on SIX Swiss Exchange, Europe's third-largest stock exchange, in the first quarter of 2025. This will make Floki the second meme coin, following Dogecoin, to be featured on a regulated exchange. Investors will have a new, secure way to invest in Floki without directly holding the asset, similar to how exchange-traded funds (ETFs) work.
Challenges and Solutions
Launching a meme coin on a regulated exchange comes with certain challenges. The volatility typical of meme coins like Floki can impact investors and the product's success. In response, Floki has forged partnerships with a leading asset manager and an ETP issuer to ensure a successful launch and ongoing product stability.
Additional Floki Initiatives
Floki is actively expanding its ecosystem. In 2025, it plans to launch the NFT-based game *Valhalla*, which will play a key role in increasing the token’s utility. The Floki team has also introduced the *University of Floki*, an educational initiative aimed at broadening public understanding of cryptocurrency. Additionally, the Floki Debit Card, now available across 31 European countries, allows users to spend cryptocurrencies in everyday transactions.
The launch of an ETP on SIX Swiss Exchange is a significant step for Floki as it aims to strengthen its position in the traditional finance sector. Coupled with other initiatives, Floki is set to establish itself as a notable name in the cryptocurrency world.
