DeFi Technologies to Launch XRP Exchange-Traded Product in Europe
• DeFi Technologies launching XRP exchange-traded product (ETP) in Europe in December 2023 through subsidiary Valour Inc.
• Part of strategy to provide investors access to range of digital assets in regulated format
• Complements existing offerings like UNI, ADA ETPs and Bitcoin Carbon Neutral
• XRP appeals for facilitating quick, cost-effective international transactions
• Plans for more ETPs with low or no management fees as part of broader innovation efforts