DeFi Technologies Launches Valour Enjin and Cosmos ETPs on the Frankfurt Stock Exchange.
Toronto, Canada-based financial technology firm, Defi Technologies Inc., on the 26th of May, 2022, announced that it has received approval for its wholly-owned subsidiary, Valor Inc. to begin trading two Asset Exchange Traded Products (ETPs) on the Frankfurt Stock Exchange. Trading of Valour Enjin (ENJ) EUR and Valour Cosmos (ATOM) EUR commenced trading on the Boerse Frankfurt Zertifikate AG-operated exchange platform today, Thursday, May 26th, 2022.
The listing of the newly launched ETPs will allow, both, retail and institutional traders to access the Enjin, and Cosmos blockchain’s native assets as simply as they would equities through a bank, or broker. Both ETP financial products closely track the prices of the attached digital assets.
Enjin, is a protocol allowing for the creation of online gaming communities. The platform is hosted on the Ethereum blockchain. The Enjin protocol seeks to make the gaming experience more seamless – for developers and gamers – by providing digital asset-backed value and tools, such as software development kits. The Enjin platform also enables players, and content creators to develop, manage, and distribute virtual goods like NFTs. The protocol’s native token, $ENJ is a top-8 cryptocurrency.
Cosmos, on the other hand, is a blockchain-based protocol which enables blockchain ecosystem’s to interoperate. The Cosmos team aims to put together an internet of blockchains, by enabling scalable blockchains to connect, and operate in unison. Cosmos’ $ATOM is among the top thirty crypto assets, and boasts a market capitalization of $2.9 billion.
“We are excited to announce the listings of Enjin and Cosmos. With the focus on creating a state of the art infrastructure and product offering, these new listings support our high ambitions,” – Tommy Fransson, CEO of Valour.