Safello has announced the launch of a new product — a physically backed ETP based on TAO tokens, providing investors with access to the artificial intelligence sector without the need for direct token purchases.
Opening New Opportunities for Investors
The ETP will be entirely backed by TAO tokens kept in secure custody, with public verification available. Safello states that this approach aligns with regulatory compliance, transparency, and investor protection.
Merging Traditional Finance and DeFi
These products can be traded like stocks, providing simple access to investments in blockchain projects. The launch of the TAO ETP offers a bridge between traditional finance and the cutting-edge Bittensor project, creating a decentralized marketplace for AI models.
Prospects for Adoption and Expansion
Safello and Deutsche Digital Assets are collaborating to list the ETP on major European exchanges such as SIX Swiss Exchange, Euronext Paris and Amsterdam, as well as Deutsche Börse Xetra. A listing on Nasdaq Stockholm is also anticipated, pending regulatory approvals.
The launch of the TAO ETP could significantly accelerate the adoption of decentralized AI in Europe and provide investors with the opportunity to participate in an emerging sector through familiar trading platforms.
