Cryptocurrency

Simplifying Staking Innovation for Traditional Investors



  • DeFi

    Technologies’ subsidiary, Valour Inc., introduces its innovative

    Ethereum

    Physical Staking ETP under the EU-wide issuance platform, Valour Digital Securities Limited (VDSL) on XETRA. Tax benefit for investors based in

    Germany

    after holding period of one year possible for the first time in

    ETH

    .
  • The groundbreaking ETP, with a 1.49% management fee, provides investors with a simplified gateway to

    Ethereum

    staking while benefiting from robust security enhancements.
  • Partnership with industry leaders like Copper Markets (

    Switzerland

    ) AG and Blockdaemon ensures paramount security and a non-custodial staking environment for investors.


ZUG,

Switzerland

and

TORONTO


,


Aug. 22, 2023


/PRNewswire/ –

DeFi

Technologies Inc. (the ”

Company

” or ”


DeFi

Technologies

“) (NEO:

DEFI

) (GR: MB9) (OTC: DEFTF), a

crypto

native technology company that pioneers the convergence of traditional capital markets with the world of

decentralized

finance (”


DeFi


“), is excited to announce that its subsidiary Valour Inc. (”

Valour

“), a leading issuer of exchange traded products (”

ETPs

“) that provide simplified access to digital assets, has launched its 1Valour

Ethereum

Physical Staking ETP, set to redefine and simplify the

Ethereum

investment landscape. This innovative product aims to harness the essence of

Ethereum

while offering investors access to additional yield income opportunities.

The 1Valour

Ethereum

Physical Staking ETP (ISIN GB00BRBMZ19) is issued by Valour’s new EU-wide issuance platform for physically stored digital assets Valour Digital Securities Limited (”

VDSL

“). This Jersey-based securities issuer has garnered approvals from both Swedish and Jersey regulatory entities and is underpinned by digital assets physically safeguarded by licensed custody providers.

Available for trading on the Frankfurter Wertpapierboerse/ XETRA, the new staking ETP is poised to simplify network participation for investors. With a fixed yield, undefined expiry and a 1.49% management fee, investors have the potential to earn passive returns, sidestepping the technical challenges involved with staking, and actively contributing towards the evolving

DeFi

landscape. Enhanced security measures including slashing insurance and full collateralization mean investors benefit from additional transparency and security measures.


Crypto

staking represents a cornerstone in blockchain dynamics. It enables enthusiasts to immerse in the governance and consensus of Proof of Stake (PoS) blockchains, earning rewards for their contributions. Contrary to energy-hungry Proof-of-Work systems, PoS networks lean on validators who pledge assets to corroborate and usher new blocks. However, the staking landscape isn’t without its intricacies – validators often grapple with asset lock-ups during bonding periods, as well as enduring unbonding spells prior to rewards being unlocked.


Olivier Roussy Newton

, CEO of Valour, comments, “The 1Valour

Ethereum

Physical Staking ETP exemplifies Valour’s commitment to creating innovative and trustworthy investment vehicles. We understand the challenges and complexities of

crypto

investments. Our mission is to bridge the gap, providing opportunities to enhance returns which are straightforward for our investors. In addition, all ETPs issued under the VDSL umbrella are endowed with the physical delivery option that might benefit investors based in

Germany

with a tax benefit after a holding period of one year.”

Partnering with elite entities like the VQF registered Copper Markets (

Switzerland

) AG for custody and industry stalwart Blockdaemon for staking services, Valour guarantees paramount security, ensuring a consistently collateralized, non-custodial staking environment.

Valour Inc. invites progressive investors to partake in this revolutionary venture, unlocking

Ethereum

‘s potential in the most accessible and safeguarded manner.

In addition to their novel digital asset platform, which includes


1Valour

Bitcoin

Physical Carbon Neutral


ETP and


Valour Digital Asset Basket 10


, Valour offers fully hedged digital asset ETPs with low to zero management fees, with product listings across European exchanges, banks and broker platforms. Valour’s existing product range includes Valour Uniswap (


UNI


),

Cardano

(


ADA


),

Polkadot

(


DOT


),

Solana

(


SOL


), Avalanche (


AVAX


), Cosmos (


ATOM


),

Binance

(


BNB


), Enjin (


ENJ


),

Bitcoin

Carbon Neutral (


BTCN


) and Valour Digital Asset Basket 10 (


VDAB10


) ETPs with low management fees. Valour’s flagship products are

Bitcoin

Zero and

Ethereum

Zero, the first fully hedged, passive investment products with

Bitcoin

(


BTC


) and

Ethereum

(



ETH



) as underlyings which are completely fee free.


About

DeFi

Technologies



DeFi

Technologies Inc. (


NEO:

DEFI



) (


GR: MB9


) (


OTC: DEFTF


) is a

crypto

native technology company that pioneers the convergence of traditional capital markets with the world of

decentralized

finance (

DeFi

).

With a dedicated focus on industry-leading Web3 technologies,

DeFi

Technologies aims to provide widespread investor access to the future of finance. Backed by an esteemed team of experts with extensive experience in financial markets and digital assets, we are committed to revolutionizing the way individuals and institutions interact with the evolving financial ecosystem.

Join

DeFi

Technologies’ digital community on Linkedin and


Twitter


, and for more details, visit


https://

defi

.tech/


About Valour


Valour Inc. issues exchange traded products (ETPs) that enable retail and institutional investors to access digital assets like

Bitcoin

in a simple and secure way via their traditional bank account. Established in 2019 and based in Zug,

Switzerland

, Valour is a wholly owned subsidiary of

DeFi

Technologies Inc. (


NEO:

DEFI



) (


GR: MB9


) (


OTC: DEFTF


).

For more information on Valour, visit


https://valour.com



Cautionary note regarding forward-looking information:



This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the launch of the


1Valour

Ethereum

Physical Staking ETP; the VDSL platform; the regulatory environment with respect to the growth and adoption of decentralised finance; the pursuit by

DeFi

Technologies and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour exchange traded products by exchanges; growth and development of

DeFi

and

cryptocurrency

sector; rules and regulations with respect to

DeFi

and

cryptocurrency

; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Cision
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SOURCE DeFi Technologies Inc.





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