London Stock Exchange Lists Valour Bitcoin Staking ETP
Valour, a subsidiary of DeFi Technologies (DEFT), has expanded its bitcoin staking offering to the London Stock Exchange with the 1Valour Bitcoin Physical Staking (1VBS) ETP. The product, which launched on Germany’s Xetra in November 2024, provides professional investors exposure to bitcoin plus a 1.4% annual yield.
Each share is backed 1:1 by cold-stored bitcoin held by Copper, with staking rewards reflected in the net asset value (NAV) published daily. Retail investors will gain access to crypto ETNs on recognized exchanges, including the LSE, from October 8 under FCA regulations.
DeFi Technologies shares dropped 3.12% to $2.63 in early Nasdaq trading following the announcement.
