$DEFI News $DEFI recently announced that its wholly owned subsidiary, Valour Structured Products, has signed a Letter of Intent with Arcane Crypto's wholly owned subsidiary Arcane Assets AS with the intention to explore the issuance and listing of an (ETP) based on Arcane's cryptocurrency fund. The ETP would be the first to have a cryptocurrency fund as an underlying asset and the market provides exciting expansion possibilities for both the Arcane Fund and Valour.
Diana Biggs CEO of Valour commented "We're delighted to be partnering with Arcane to launch the world's first fund-based crypto ETP. Arcane Assets bring unparalleled knowledge of cryptocurrencies rightly placing them as one of the most well-respected hedge funds in this space, and this product partnership is a key milestone in our ongoing mission to provide investors of all types with access to the most innovative and highest quality digital asset ETPs."
Great time to buy with $DEFI so cheap right now, expecting it to start going up soon as crypto bounces back.
More here
https://www.newswire.ca/news-releases/defi-technologies-wholly-owned-subsidiary-valour-signs-loi-with-arcane-crypto-with-the-intention-to-list-an-exchange-traded-product-etp--861521994.html