Key Takeaways
- Physically backed digital asset ETP issuance platform launched across Europe
- Assets under Management in 2023 surged nearly 90% year-to-date
- Attracting both institutional and retail investors with a wide range of secured digital asset securities
Introduction: A Crypto-Backed Investment Revolution
A leading technology holding company, Valour Inc., has announced the launch of an EU-wide issuance platform for physically stored digital assets in the form of exchange-traded product (ETP) securities. The move marks a significant milestone in the company’s mission to bridge the gap between traditional capital markets, Web3, and decentralized finance.
Expanding Investment Opportunities Across Europe
Valour Digital Securities Limited (VDSL), a Jersey-based securities issuer, received regulatory approvals on April 5, 2023, from Swedish and Jersey regulators. This allows for an EU-wide offering to investors domiciled in numerous European countries, including Austria, Belgium, Croatia, Czech Republic, Denmark, Finland, France, Germany, Hungary, Ireland, Italy, Liechtenstein, Luxembourg, the Netherlands, Norway, Malta, Poland, Portugal, Romania, Slovakia, and Spain.
Listings on Regulated Stock Exchanges
The new ETP products will be listed on regulated stock exchanges such as Deutsche Börse/Xetra in Frankfurt, Euronext in Paris and Amsterdam, and SIX Swiss Exchange in Switzerland. VDSL aims to issue up to 15 new products under the name “1Valour” by the end of 2023.
Attracting a Diverse Range of Investors
The ETP program is designed to attract institutional investors, such as corporates, pension funds, insurances, asset managers, and family offices. It also targets retail investors looking for long-term holdings paired with asset security. The white-label offerings allow asset managers and family offices to apply self-developed strategies and indices, satisfying the demand on their client side for certain digital asset products and exposures.
Secured by Physical Custody
The ETPs will be secured by the respective digital assets that are physically stored with regulated custody providers. Physical custody ensures that the underlying assets are stored separately from the issuer in a secure location, providing investors with an added layer of security and protection for their assets.
A Surge in Assets under Management
Valour has experienced an impressive increase in its Assets under Management (AUM), with a rise of $70 million in 2023, reaching a record high of almost $148 million—an increase of close to 90% since the beginning of 2023.
Conclusion: A Bright Future for Crypto Investments in Europe
The launch of this digital asset-backed issuance program signifies a significant step forward for Valour’s product strategy and the European crypto investment landscape. By offering investors a maximum level of security and facilitated access to the digital asset space, Valour is well-positioned to capitalize on the growing interest in Web3 and decentralized finance.
