Monday, September 27, 2021
Home Crypto News Market Swedish Stock Exchange, NGM List Polkadot (DOT) ETP As An Investment Product...

Swedish Stock Exchange, NGM List Polkadot (DOT) ETP As An Investment Product For The First Time Ever

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Valour, a company that produces digital asset-based ETPs under the umbrella of Canadian diversified financial asset management, announced that it has launched Polkadot (DOT) exchange traded product (ETP) in Sweden on the Nordic Growth Market (NGM).

About Nordic Growth Market (NGM):

“Nordic Growth Market is a regulated exchange that delivers trading, exchange technology and public company services. The exchange operates in Sweden, Finland, Denmark, and Norway and was established in 1984.”

The listing was made on May 31. The ticker is VALOUR POLKADOT (DOT) SEK.

Valour announced in May that it would list Polkadot (DOT) and Cardano (ADA) ETPs on the NGM Stock Exchange. Cardano’s ETP was listed on the NGM on May 18.

Diana Biggs, Valour’s CEO, said

“This is a particularly exciting time for the Polkadot protocol with the upcoming launch of its parachain functionality, providing increased scalability and finalizing its core build. Our launch of Valour DOT SEK is a direct response to increased demand from both retail and institutional investors for access to further innovative blockchain protocols via our ETPs.”

According to announcement, Polka Dot has landed on the Nordic market as a listed investment product for the first time ever.

Recently, investment company Osprey Funds in New York, USA, launched its DOT investment trust and started selling it to qualified investors. Furthermore, on May 19, GMO Coin, a major Japan domestic cryptocurrency exchange, announced the listing of DOT in Japan for the first time.

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