A groundbreaking development has emerged in the realm of cryptocurrency investment as Valour Digital Securities Limited, a subsidiary of DeFi Technologies, has launched the world’s first physically-backed Bitcoin Staking exchange-traded product (ETP) known as 1Valour Bitcoin Physical Staking (1VBS), now available on the London Stock Exchange (LSE) Main Market. This innovative financial instrument offers investors an opportunity for unique yield-generating exposure to Bitcoin.
The 1Valour Bitcoin Physical Staking ETP boasts an attractive annual staking yield of 1.4%, making it one of the most competitive Bitcoin products available globally within regulated markets. This yield is reflected in the net asset value (NAV) at the end of each trading day, presenting a lucrative opportunity for professional investors.
The ETP is firmly backed 1:1 with actual Bitcoin, securely stored in institutional-grade cold storage provided by Copper. This custody arrangement underscores a commitment to security and transparency, ensuring that investors can trust in the actual asset backing the product. Furthermore, daily publication of the underlying asset entitlements adds a layer of transparency and simplicity for investors.
Olivier Roussy Newton, CEO of DeFi Technologies, expressed pride in this pioneering launch, emphasizing that it marks a significant milestone in bridging traditional capital markets with decentralized finance (DeFi). He noted that Valour has taken an innovative step to provide institutional-grade investment solutions in the UK market, allowing investors to earn yields on properly custodied Bitcoin.
Dr. Manfred Knof, Chairman of Valour, highlighted that this ETP would advance professional investors and institutions by providing secure and efficient access to digital assets. This initiative sets a new standard for investors looking for reliable opportunities within the evolving landscape of finance.
Philippe Lucet, General Counsel of Valour, described the listing as not just a major achievement for the company, but a new frontier in digital asset investment. The launch reaffirms Valour’s leadership and commitment to developing innovative solutions that empower investors while reshaping the future of finance.
Elaine Buehler, Head of Product at Valour, concluded by stating that the integration of regulatory excellence with product innovation exemplifies Valour’s goals moving forward. The company aims to expand its product lineup and enhance its presence in both established and emerging markets.
The 1Valour Bitcoin Physical Staking ETP comes with several appealing features. It provides yield-generating Bitcoin exposure at a competitive 1.4% per annum, reinforcing its attractiveness as an investment vehicle. Each share of the ETP is collateralized by actual Bitcoin, secured through advanced technology. Daily tracking of net asset value, Bitcoin entitlements, and indicative prices allows for complete transparency without hidden leverage.
Further solidifying its position in the market, Valour boasts a diverse lineup of over 85 ETPs across multiple European venues like the London Stock Exchange, Börse Frankfurt, and SIX Swiss Exchange, emphasizing the growing demand for regulated digital-asset investment solutions.
DeFi Technologies continues to position itself at the forefront of the evolving financial landscape, aiming to build a strong bridge between traditional capital markets and the burgeoning world of decentralized finance, while Valour provides investors secure pathways to participate in this dynamic and rapidly developing sector.
