Floki Price Surges 23% After Launch of Europe’s First FLOKI ETP
Floki (FLOKI) experienced a 23% price increase in the last 24 hours following the launch of its first exchange-traded product (ETP) in Europe.
The ETP, named Valour Floki SEK ETP, was introduced on October 3 on Sweden’s Spotlight Stock Market.
This marks Floki as the first BNB Chain ecosystem token to achieve an ETP, aside from BNB itself.
The ETP is developed by Valour, under DeFi Technologies, targeting both retail and institutional investors seeking exposure to FLOKI without direct crypto ownership.
Floki operates on both the Ethereum and BNB chains, featuring a play-to-earn NFT game, DeFi asset locker, NFT marketplace, and crypto education platform.
BNB Chain projects are gaining momentum, with BNB reaching over $1,150 this week before a slight correction.
