Take a fresh look at your lifestyle.

Valor debuts an ETP on the Frankfurt Stock Exchange

Valor, a subsidiary of DeFi Technologies, debuts its new carbon-neutral Bitcoin exchange-traded product (ETP) on the Frankfurt Stock Exchange, the largest stock exchange in Germany.

In addition to this, to organize the ETP, Valor partnered with Patch, a platform that provides climate action infrastructure.

«All carbon emissions linked to the investment will be automatically targeted to achieve carbon neutral production using Patch’s API-based solution».

By the way, Patch will be in charge of selecting the projects based on their environmental integrity. These criteria will include functionality, real and verifiable permanence, and negativity.

«It takes into account various data, such as the efficiency of mining equipment, the distribution of hash power, and carbon emission data at the national level. To estimate the amount of carbon emissions that the Value wallet has».

About Value

According to the release, Valor Inc. was founded in 2019 and is the first and only publicly traded company to “bridges the gap between traditional capital markets and decentralized finance». The company aims to give its customers access to the “future of finance” or Web3 and decentralized technologies.

In fact, the BTC Carbon Neutral ETP becomes the 11th Value ETP offering. And the marketing of the product will begin.

Bitcoin Carbon Neutral ETP debuts on the Frankfurt Stock Exchange

Specifically, the ETP provides investors with “sustainable and climate-friendly” exposure, with a 1.49% management fee. The ETP presents a reliable investment method that benefits the environment and aligns with ESG objectives by financing certified carbon removal and offset initiatives to neutralize the carbon footprint associated with Bitcoin (BTC).

According to Russell Starr, CEO of Value: «Valor strives to ensure that its offerings promote sustainable practices. And contribute to efforts to build a carbon-neutral crypto industry».

He also added: “As a proud signatory to the Crypto Climate Agreement, Valor takes its ESG obligations seriously. We want to give retail and institutional investors alike the tools to participate in the exciting crypto ecosystem. And we are very proud to offer our first carbon neutral product.».

Additionally, Valor’s current ETP software includes:

  • Value Binance (BNB).
  • Value Uniswap (UNI).
  • Cardan (ADA).
  • Polkadot (DOT).
  • Sunshine (SUN).
  • Avalanche (AVAX).
  • Cosmos (ATOM).
  • Enjin (ENJ).
  • As well as Valor’s flagship products, Bitcoin Zero and Valor Ethereum Zero.

I say goodbye with this phrase from Lori Taylor: «Our digital future is to enable better productivity and make decisions to enjoy a better quality of life».

Comments are closed.