Defi Technologies' Valour receives OK for U.K. ETPs

Executive Summary

• Defi Technologies' subsidiary, Valour, has received approval from the UK Financial Conduct Authority (FCA) to offer select yield-bearing crypto Exchange-Traded Products (ETPs) to UK retail investors.
• The approved products will begin trading on the London Stock Exchange (LSE) starting January 26, 2026.
• This expansion marks a significant milestone in bringing regulated digital asset exposure with staking yields to the UK retail market via traditional brokerage platforms.

Key Details

• Regulatory Approval: The UK Financial Conduct Authority (FCA) approved Valour's UK base prospectuses for specific ETPs.
• Launch Date: Trading for UK retail investors begins on January 26, 2026.
• Approved Products:
  • Valour Bitcoin Physical Staking (Ticker: GB00BRBV3124)
  • Valour Ethereum Physical Staking (Ticker: GB00BRBMZ190)
• Product Features:
  • The Bitcoin ETP provides regulated access to Bitcoin with a staking yield component reflected in the Net Asset Value (NAV).
  • The Ethereum ETP provides physically backed exposure to Ethereum with staking reward participation.
• Market Context: This launch expands Valour's presence in the UK retail market, following previous launches for professional investors, including the world's first physically backed Bitcoin staking ETP.

Notable Quotes

• "This is a major milestone for Valour and Defi Technologies as we continue expanding access to regulated digital asset investment products," said Johan Wattenstrom, chief executive officer and chairman of Defi Technologies. "The U.K. is one of the world's most important financial markets, and these approvals broaden our ability to serve U.K. retail investors with transparent, exchange-listed products that provide straightforward exposure to the evolving digital asset economy."