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5mo ago

FLOKI Surges as Valour Lists First European ETP on Sweden’s Spotlight

The listing gives traditional investors regulated exposure to the token without requiring direct custody.

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FLOKI rallies 28%! - How ETP listing fueled bullish frenzy
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floki

Overview

  • Valour, the ETP arm of DeFi Technologies, launched the Valour Floki (FLOKI) SEK product on the Spotlight Stock Market in Sweden.
  • Floki is the first BNB Chain project other than BNB to secure an ETP listing in Europe, according to the project and multiple outlets.
  • FLOKI’s price jumped roughly 25%–34% within a day of the debut, pushing its market capitalization above $1 billion as trading volumes spiked.
  • CoinGlass data showed open interest up about 75% to $59.7 million and a taker-buy ratio near 1.05, signaling bullish positioning in derivatives.
  • The Floki DAO allocated more than 16 billion tokens from its treasury to support liquidity for the ETP, while Valour’s crypto ETP lineup now spans roughly 99 products.