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Cryptoknowmics 2022-08-24 14:50:21

Valour Announces Debut of Binance Coin Exchange Traded Product

The largest exchange in Germany, Börse Frankfurt, will host the launch of Valour’s Binance Coin (BNB) Exchange-Traded Products (ETP) on Wednesday, August 24, 2022. The business said that the new product would follow the price of BNB, the native coin of the Binance Chain, while pledging low costs in a press release released on August 24. Investors can avoid taking on too much risk and benefit from operational efficiency thanks to the new product, which is Valour’s eighth ETP. Russell star, CEO of Valour, said, “BNB is a dynamic digital asset. By offering exposure to this token on Börse Frankfurt, Valour is enabling investors to safely and securely gain exposure through a distinguished and reputable exchange,” ETPs to Drive Crypto Adoption Since the product removes the technical aspect of investing in and holding digital currencies, introducing ETPs promotes crypto adoption. Notably, as businesses work to promote crypto use globally, several German exchanges provide fully hedged digital asset ETPs provided by different platforms. With product listings across European exchanges, banks, and broker platforms, Valour provides fully hedged digital asset ETPs with low to nil management fees. The current product line offered by Binance Coin (BNB) Valour includes Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM), and Enjin (ENJ) ETPs with low management fees. The main products of Valour a...

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