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Valour to List Its ETPs on the Lang and Schwarz Exchange

Finance Magnates

Cryptocoins News / Finance Magnates 181 Views

Valour Inc., a fintech company specializing in traditional capital markets and decentralized finance, said on Tuesday that it listed its exchange-traded products or ETPs on the Lang and Schwarz Exchange.

According to the press release, Bitcoin Zero, Ethereum Zero, Valour Uniswap ETP, Valour Polkadot ETP, Valour Cardano ETP, Valour Solana ETP, Valour Avalanche ETP and Valour Cosmos ETP all began trading on July 25, 2022. In addition, traders will be able to start trading Valour Enjin ETP later this week.

In Germany, Lang & Schwarz Aktiengesellschaft develops and issues derivative financial instruments through its subsidiaries. The company provides OTC trading, electronic trading, hardware and software services as well as an OTC trading platform that trades stocks, funds, bonds and ETPs. DΓΌsseldorf is the headquarters of Lang & Schwarz Aktiengesellschaft, which was founded in 1996.

Company's Background

Through Valour, investors can gain exposure to digital assets and benefit from the standardization, risk reduction and operational efficiency of centrally cleared products. ETPs of Valour are fully backed at all times since Valour purchases and sells the equivalent amount of underlying digital assets with each exchange trade.

"Listing our products on the LS Exchange is a natural step in our process to increase our footprint in the German market. The LS Exchange is a very well-used platform and will support our distribution power and commercial possibilities. With this, we will offer our existing German product range to a larger investment community,” Tommy Fransson, the CEO of Valour ETPs, commented.

There is a variety of Valour ETPs currently available, including Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM) and Enjin (ENJ) ETPs. Furthermore, Valour offers fully hedged, passive investment products with Bitcoin (BTC) and Ethereum (ETH) as underlying assets.

This article was written by Felipe Erazo at www.financemagnates.com.
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