Valour to List Digital Asset ETPs on Kenyan Exchange
CryptoNewsTerminal Staff06 Aug, 2024
Valour to List Digital Asset ETPs on Kenyan Exchange
Valour, a leading issuer of cryptocurrency funds, has announced a partnership with the Nairobi Securities Exchange (NSE) and financial product issuance platform Sovfair to list digital asset exchange-traded products (ETPs) on the NSE. This move marks a significant step towards mainstream adoption of digital assets in Kenya and the broader African region. The partnership will enable Valour to offer a range of digital asset ETPs on the NSE, providing Kenyan investors with access to a diversified portfolio of digital assets. These ETPs will track the performance of underlying digital assets such as Bitcoin, Ethereum, and other popular cryptocurrencies. By listing digital asset ETPs on the NSE, Valour and Sovfair aim to bridge the gap between traditional finance and the rapidly growing digital asset market. This will allow Kenyan investors to gain exposure to digital assets within a regulated and transparent environment, reducing the barriers to entry for investing in this emerging asset class.
