Valour Lists Hedera HBAR Staking ETP on Euronext Amsterdam
Key Details About the Launch
- Name of Product: 1Valour Hedera Physical Staking ETP
- ISIN Code: GB00BRC6JM96
- Listing Venue: Euronext Amsterdam
- Seed Funding: $5 million provided by The Hashgraph Group (THG)
Why Hedera Stands Out
It’s the innovative, energy-efficient blockchain network driven by a Proof-of-Stake consensus mechanism. Then there’s the global governance model managed by prominent organizations such as Google, IBM, and Deutsche Telekom, among others. Hedera comes in at $11.3 billion in market capitalization and places in the top 20 cryptocurrencies globally.
HBAR is Hedera’s cryptocurrency that pays for network operations, including transaction fees, and secures the network. It has been attracting investors because it is eco-friendly and enterprise-grade reliable.
Benefits of the Hedera HBAR ETP
- Accessibility: The product is available through traditional financial exchanges, which have made it very easy for institutional and retail investors to gain exposure to HBAR.
- Sustainability: Hedera’s energy-efficient PoS network appeals to the growing investor taste for everything green.
- Governance: It is governed by a council of global enterprises that ensure its operations are reliable and transparent.
- Portfolio Diversification: The ETP allows investors to add a cutting-edge digital asset to their portfolios.
Comparison of Hedera HBAR ETPs on Major Exchanges
Feature |
Euronext Amsterdam |
Börse Frankfurt |
Product Type |
Physically Backed |
Physically Backed |
Focus |
Expanding European Reach |
Initial Introduction |
Governance |
Supported by THG Seed Funding |
Supported by THG Seed Funding |
Accessibility |
Targeting Broad Market Inclusion |
Focused on German Market |
Statements from Leaders
Olivier Roussy Newton, CEO of DeFi Technologies, emphasized the importance of this listing, saying it simplifies access to digital assets for European investors. He highlighted the alignment of this product with the increasing demand for transparent and regulated digital investment options.
Elaine Buehler, Head of Product at Valour, expressed pride in delivering innovative solutions for investors. She noted that the ETP enhances accessibility to Hedera’s advanced blockchain technology while meeting modern demands for security and sustainability.
About The Hashgraph Group (THG)
The Hashgraph Group is a Swiss-based venture capital and technology firm, exclusively operating within the Hedera ecosystem. THG specializes in enabling businesses to adopt Web3 solutions. It provided $5 million in seed funding for the Hedera HBAR ETP and manages a $100 million Hashgraph Venture Fund. Their mission includes advancing Hedera’s adoption in institutional-grade financial markets.
The launch of the Hedera HBAR ETP on Euronext Amsterdam represents a big leap forward for DeFi. Valour Digital Securities bridges traditional finance with blockchain technology, creating new opportunities for investors in Europe and beyond.
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2024-12-18 11:00:00