TechFlow news, August 19: According to Marketscreener, Swedish cryptocurrency service provider Safello Group AB announced plans to launch Europe's first exchange-traded product (ETP) physically backed by TAO tokens. The product will be issued in partnership with Deutsche Digital Assets (DDA), and is planned to list on the SIX Swiss Exchange, Euronext (Paris and Amsterdam), and Deutsche Börse, with consideration for listing on Nasdaq Stockholm.
The ETP will be 100% physically backed by TAO tokens, with all assets securely stored and verifiable. Safello stated it will stake the staked TAO tokens to support the operation of the Bittensor ecosystem.
Add to Favorites
Share to Social Media
