Defi's Valour rolls out bitcoin-staking ETP on LSE

Executive Summary

• Defi Technologies' subsidiary, Valour Digital Securities Ltd., has launched the world's first physically backed Bitcoin-staking Exchange Traded Product (ETP), named 1Valour Bitcoin Physical Staking (1VBS), on the London Stock Exchange (LSE) Main Market.
• The ETP provides investors with regulated access to Bitcoin while generating a 1.4% annual staking yield, which is reflected in the Net Asset Value (NAV) at the end of each trading day.
• The product is fully backed by physical Bitcoin held in institutional-grade cold storage using multiparty computation (MPC) technology, with shares listed in both British pounds and euros.

Key Details

• Product Name: 1Valour Bitcoin Physical Staking (1VBS)
• ISIN: GB00BRBV3124
• Listing Venue: London Stock Exchange (LSE) Main Market; also available in euros on Xetra.
• Yield: 1.4% per annum staking yield, added to the NAV.
• Backing: 1:1 physical Bitcoin collateralization.
• Security: Holdings secured in cold storage using sophisticated multiparty computation (MPC) technology.
• Target Audience: Professional investors and institutions.
• Company Context: Valour currently offers over 85 ETPs across major European venues, including the LSE, Spotlight Stock Market, Borse Frankfurt, Six Swiss Exchange, and Euronext.
• Parent Company: Defi Technologies Inc., a Nasdaq-listed digital asset manager.

Notable Quotes

• Olivier Roussy Newton, CEO of Defi Technologies: "We are proud to unveil the world's first bitcoin-staking ETP to be listed on the London Stock Exchange. This pioneering launch underscores Valour's steadfast commitment to driving innovation in digital asset investment and making institutional-grade solutions available to the U.K. market."
• Dr. Manfred Knof, Chairman of Valour: "The launch of the 1Valour Bitcoin Physical Staking ETP on the London Stock Exchange marks a significant advancement for professional investors and institutions seeking secure and efficient access to the digital asset ecosystem."
• Philippe Lucet, General Counsel of Valour: "This breakthrough listing on the London Stock Exchange is not only a major achievement for Valour; it opens an entirely new frontier in digital asset investment."
• Elaine Buehler, Head of Product at Valour: "The launch of our bitcoin-physical-staking ETP on the London Stock Exchange exemplifies our ability to marry regulatory excellence with product innovation."