DeFi Technologies Rides Regulatory Wave, Launches Bitcoin ETP on LSE Ahead of UK Rule Change

Capitalizing on the UK’s shifting regulatory landscape, DeFi Technologies‘ subsidiary Valour has successfully listed a Bitcoin staking ETP on the London Stock Exchange.

The move, currently targeting professional investors, strategically positions the company ahead of the October 8th lift of the retail ban on crypto ETNs. The product’s launch had an immediate positive impact, driving DeFi Technologies’ Nasdaq-listed shares (DEFT) up 5%.

The ETP offers a 1.4% yield, potentially through Valour’s established method of delegating Bitcoin on the Core Chain, marking a significant expansion of the company’s European product suite.