Valour launches Sky ETP in Europe, hitting the 100 milestone
Sky is the latest cryptocurrency to have an exchange-traded product in Europe, thanks to Valour Inc., a subsidiary of publicly traded DeFi Technologies.
- A Sky exchange-traded product has launched on Swedish exchange Spotlight.
- It’s the 100th ETP by Valour Inc., a subsidiary of DeFi Technologies.
Valour announced the launch of its new exchange-traded product tracking the governance token of decentralized finance protocol Sky on Wednesday, Oct. 22. The product, Valour Sky ( SKY ) SEK ETP is live on Sweden’s Spotlight Stock Market.
With this launch, Valour has hit the milestone of listing 100 ETPs across Europe.
“Valour Sky (SKY), being our 100th product, says a lot about where finance is headed. We’re turning DeFi’s most powerful ideas into something anyone can hold in their portfolio: regulated, intuitive, and ready for scale,” said Elaine Buehler, head of products at Valour.
What is an ETP?
In the crypto market, an ETP is a financial security instrument pegged on a given cryptocurrency.
It allows market participants to benefit from the opportunity of accessing assets such as Bitcoin, Ethereum or any other listed token via standard brokerage accounts. Investing in ETPs does not require one to own or store the particular digital asset. Trading of these products occurs on traditional stock exchanges.
“SKY is part of a new financial network that cuts across borders and legacy systems. This is what the next era of investing looks like,” Buehler added.
SKY ETP on European exchanges
Sky, formerly MakerDAO, is a stablecoin and collateralized lending protocol, with SKY as the governance token that allows holders to vote on key ecosystem parameters and decisions. Valour’s SKY ETP will offer investors regulated access to the DeFi token and its ecosystem.
SKY marks the latest digital asset exchange-traded product that the DeFi Technologies subsidiary has listed on exchanges and trading venues in Europe.
Apart from Spotlight, the firm has assets listed on exchanges such as Börse Frankfurt, SIX Swiss Exchange, the London Stock Exchange, and Euronext.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
X Financial Shifts to Risk-First Approach: Third Quarter Revenue Drops 13.7% Amid Strategic Change
- X Financial reported 23.9% YoY revenue growth to RMB1.96B in Q3 2025, but saw 13.7% sequential decline due to cautious lending and risk prioritization. - Net income rose 12.1% annually to RMB421M but fell 20.2% sequentially, driven by higher credit provisions and operating costs. - Share repurchases under $100M buyback program totaled $67.9M, with $48M remaining as the company emphasizes disciplined risk management. - Strategic pivot to risk mitigation contrasts with broader fintech sector caution, refle
Ethereum News Today: Ethereum Faces $2,800 Test—Will It Surge to $3,000 or Retreat to $2,300?
- Ethereum tests $2,800 resistance, key threshold for November, with potential to rebound toward $3,000 if breakout succeeds. - Recent $55.7M inflow into ETH ETFs, led by Fidelity’s FBETH, signals cautious institutional interest after nine-day outflow streak. - Technical indicators show improved momentum with RSI rebound and MACD stabilization, but $2,800 remains critical for further gains. - Derivatives data and Coinbase’s ETH-backed lending expansion hint at conditional recovery, though liquidation risks
Ethereum Updates: Centralized DNS Compromise Highlights DeFi Weaknesses as Aerodrome Suffers $1 Million Loss
- Aerodrome Finance suffered a DNS hijacking attack on Nov 22, 2025, redirecting users to phishing sites that siphoned over $1M in assets through deceptive transaction approvals. - Attackers exploited vulnerabilities in centralized domain registrar Box Domains, forcing users to approve unlimited access to NFTs and stablecoins via two-stage signature requests. - The protocol shut down compromised domains, urged ENS-based access, and revoked recent token approvals, marking its second major front-end breach i
Trump and Mamdani’s Bet on Affordability: Uniting Opposing Ideologies
- Trump and Mamdani's Nov. 21 meeting highlights clashing ideologies on affordability and governance, with New York's $1.286T economy at stake. - Both leaders share focus on cost-of-living crises but differ sharply on solutions, with Trump threatening federal funding cuts and Mamdani advocating rent freezes. - Experts see the dialogue as critical for redefining strained city-federal relations, emphasizing urban centers' role as economic engines. - Mamdani's corporate tax proposals clash with Trump's deregu
Trending news
MoreCrypto prices
More
