The subsidiary of DeFi Technologies, Valour Inc., has officially launched an Ethereum Physical Staking ETP.

DeFi Technologies Today, DeFi Technologies, known for its crypto technology innovations, has announced the introduction of an Ethereum Physical Staking ETP by its subsidiary, Valour Inc.

Valour positions itself as a provider of exchange-traded products (ETPs) and is committed to making Ethereum staking easier with the release of the 1Valour Ethereum Physical Staking ETP. At the same time, they offer more channels for generating yield income to their investors.

The 1Valour Ethereum Physical Staking ETP is issued through Valour's new EU-wide issuance platform, Valour Digital Securities Limited, designed specifically for physically backed digital assets.

This new staking ETP is now actively traded on platforms like Frankfurter Wertpapierbörse (XETRA), featuring a fixed yield, an undefined expiration, and a management fee set at 1.49%. Valour Inc. emphasizes that its staking ETP is fitted with enhanced security features, including: Slashing insurance – This safety net protects against potential losses from 'slashing' incidents in blockchain networks, which can occur if a participant acts maliciously or violates network protocols, resulting in a loss of part of their staked cryptocurrency. The ETP reportedly offers coverage against slashing-related losses.

Full collateralization – This guarantees that the value of the staked assets is adequate to cover any risks or potential exposures tied to staking. For this staking ETP, the staked assets are sufficient to offset any possible penalties or losses arising from non-compliance with network protocols.

• Valour disclosed a collaboration with Copper Markets (Switzerland) AG, which is VQF registered, to handle custody. Additionally, they have teamed up with Blockdaemon for staking infrastructure. These partnerships are intended to create a continuously collateralized environment for non-custodial staking.

• 'We recognize the complexities involved in crypto investments. Our goal is to simplify this process, creating straightforward opportunities to boost investor returns,' stated Olivier Roussy Newton, the CEO of Valour. 'Furthermore, all ETPs issued under the VDSL banner are equipped with a physical delivery option that could offer tax benefits to investors in Germany after holding the asset for a year.'

This isn't the first time Valour's new digital asset platform has introduced a crypto ETP. The platform previously launched the 1Valour Bitcoin Physical Carbon Neutral ETP and the Valour Digital Asset Basket 10.

Valour's current offerings also cover ETPs for various cryptocurrencies, including Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM), Binance (BNB), Enjin (ENJ), Bitcoin Carbon Neutral (BTCN), and Valour Digital Asset Basket 10 (VDAB10).

These products are available on several European exchanges, as well as various banking institutions. Please be informed that the content presented on this page should not be considered legal, tax, investment, financial advice, or any other form of guidance. It is crucial to invest only what you can afford to lose and to seek independent financial advice if needed. For more details, we recommend you check the issuer's or advertiser's terms and conditions, along with their help and support resources. MetaversePost strives for accurate and unbiased reporting, but market conditions can shift unexpectedly.

Cindy, a journalist at Metaverse Post, writes on issues related to web3, NFTs, the metaverse, and AI, with a focus on interviewing key figures in the Web3 space. She has engaged with over 30 high-level executives and continues to share their insights with her readers. Originally from Singapore, Cindy is now based in Tbilisi, Georgia, and holds a Bachelor's degree in Communications & Media Studies from the University of South Australia, accumulating a decade of experience in journalism and writing.

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