Valour Lists First-Ever Bittensor (TAO) ETP in the Nordics on Spotlight Stock Market

The Valour Bittensor (TAO) SEK ETP (ISIN: CH1213604619) is the latest addition to Valour's range of innovative digital asset products, now available to Nordic investors.

Crypto-Native Technology Company DeFi Technologies Announces First-Ever Valour Bittensor (TAO) ETP in the Nordics on the Spotlight Stock Market

Provides seamless investor access to TAO, ranking #25 among digital assets globally, with a market cap of $3.9 billion

TORONTO, Oct. 30, 2024 (GLOBE NEWSWIRE) -- DeFi Technologies Inc. (the “Company” or “DeFi Technologies”) (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a crypto-native technology company at the forefront of merging traditional capital markets with decentralized finance ("DeFi"), proudly announces that its subsidiary Valour Inc. ("Valour"), a leading issuer of exchange-traded products ("ETPs") providing simplified access to digital assets, has listed the first-ever Valour Bittensor (TAO) ETP in the Nordics on the Spotlight Stock Market.

This launch marks a significant milestone for investors seeking exposure to the rapidly growing world of decentralized artificial intelligence (AI). The Bittensor network turns machine intelligence into a tradable asset within a decentralized marketplace, empowering users to contribute their AI models and capabilities to a shared collective. As a testament to its impact, the TAO token, which fuels this network, ranks among the top 25 digital assets globally, boasting a market capitalization of $3.9 billion.

The Valour Bittensor (TAO) SEK ETP (ISIN: CH1213604619) joins Valour's lineup of innovative digital asset products available to Nordic investors. This ETP offers 1.9% management fee and provides streamlined access to the promising decentralized AI sector, catering to the evolving investment landscape and merging traditional finance with the future of Web3 technologies.

"With the TAO ETP, we’re setting a new standard for AI-backed investments, linking investors to the future of decentralized intelligence," said Elaine Buehler, Head of Product at Valour. "This launch brings traditional investors into a dynamic AI ecosystem, pushing the boundaries of digital asset investment in the Nordics for the first time."

Unlike traditional centralized machine learning models, Bittensor enables direct exchange of capabilities and predictions between AI models in a peer-to-peer network. This decentralized structure fosters diversity and innovation, positioning Bittensor as a key driver in the evolution of machine learning and collective intelligence.

"By launching the Valour Bittensor ETP in Sweden, we’re expanding investor access to the transformative potential of decentralized machine learning," said Johanna Belitz, Head of Nordics at Valour. "Our focus remains on providing high-quality products that reflect current market demands and foster innovation. This is an important milestone as the first Bittensor ETP in the Nordics."

About DeFi Technologies

DeFi Technologies Inc. (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF) is a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (DeFi). With a dedicated focus on industry-leading Web3 technologies, DeFi Technologies aims to provide widespread investor access to the future of finance. Backed by an esteemed team of experts with extensive experience in financial markets and digital assets, we are committed to revolutionising the way individuals and institutions interact with the evolving financial ecosystem. Follow DeFi Technologies on Linkedin and Twitter, and for more details, visit https://defi.tech/

About Valour

Valour Inc. and Valour Digital Securities Limited (together, “Valour”) issues exchange traded products (“ETPs”) that enable retail and institutional investors to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business line of DeFi Technologies Inc. (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF).

In addition to their novel physical backed digital asset platform, which includes 1Valour Bitcoin Physical Carbon Neutral ETP, 1Valour Ethereum Physical Staking, and 1Valour Internet Computer Physical Staking, Valour offers fully hedged digital asset ETPs with low to zero management fees, with product listings across European exchanges, banks and broker platforms. Valour's existing product range includes Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM), Binance (BNB), Ripple (XRP), Toncoin (TON), Internet Computer (ICP), Chainlink (LINK), Hedera (HBAR), Core (CORE), Enjin (ENJ), Valour Bitcoin Staking (BTC), Bitcoin Carbon Neutral (BTCN), Sui (SUI), Valour Digital Asset Basket 10 (VDAB10) and 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETPs with low management fees. Valour

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