Valour, a subsidiary of DeFi Technologies and a prominent cryptocurrency ETP issuer, has announced significant changes to its digital asset basket, VDAB10 (Euro and Swedish krona basket).
New Additions: Shiba Inu and Toncoin
Effective April 30, 2024, Valour has rebalanced the VDAB10 to include Shiba Inu (SHIB) and Toncoin (TON). These additions mark a strategic move to adapt to evolving market dynamics and investor preferences.
Removals: Polkadot and Tron
Concurrently, Valour has removed Polkadot (DOT) and Tron (TRX) from its programs. This decision reflects the company's commitment to aligning the VDAB10 with the current composition of the digital asset market.
Regulatory Compliance and Market Changes
The VDAB10 ETP, designed to track the performance of the 10 largest digital assets by market cap, ensures a 30% cap for any component. The removal of Polkadot and Tron is a direct response to changes in the top 10 assets by market capitalization.
Valour's Commitment to Transparency and Innovation
Valour emphasizes transparency and a rules-based approach in its ETP offerings, catering to the evolving needs of investors. The addition of SHIB and TON underscores Valour's dedication to providing accessible avenues for investment in digital assets.
Expanding Cryptocurrency Product Portfolio
Valour's cryptocurrency product portfolio boasts a diverse range of offerings, including Valor Uniswap (UNI), Cardano (ADA), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM), BNB, Ripple (XRP), and Enjin (ENJ) ETPs. Additionally, Valour offers Bitcoin (BTC) Zero and Valor Ethereum (ETH) Zero products, further expanding its range of investment opportunities.