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<ul>
 <li>DeFi Technologies has announced the upcoming launch of an XRP exchange-traded product (ETP) in Europe, marking a significant step for cryptocurrency investments in the region.</li>
 <li>According to the press release, the XRP ETP will soon be available on a major European exchange, allowing investors to access it through banks or brokerage services.</li>
 <li>The strategic move to launch Valour’s XRP ETP reflects an ongoing trend among financial institutions to adopt cryptocurrency-based investment products.</li>
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<p><strong>DeFi Technologies is set to launch an XRP exchange-traded product (ETP) in Europe through its subsidiary, Valour Inc: Details of the launch!</strong></p>
<h2 id="strong-defi-technologies-launches-xrp-etp-product-strong"><strong>DeFi Technologies Launches XRP ETP Product</strong></h2>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-127225" src="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/ripple-xrp-4.webp?resize=696%2C392&amp;quality=70&amp;ssl=1" alt="ripple-xrp" width="696" height="392" srcset="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/ripple-xrp-4.webp?w=1280&amp;quality=70&amp;ssl=1 1280w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/ripple-xrp-4.webp?resize=300%2C169&amp;quality=70&amp;ssl=1 300w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/ripple-xrp-4.webp?resize=1024%2C576&amp;quality=70&amp;ssl=1 1024w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/ripple-xrp-4.webp?resize=768%2C432&amp;quality=70&amp;ssl=1 768w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/ripple-xrp-4.webp?resize=150%2C84&amp;quality=70&amp;ssl=1 150w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/ripple-xrp-4.webp?resize=696%2C392&amp;quality=70&amp;ssl=1 696w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/ripple-xrp-4.webp?resize=1068%2C601&amp;quality=70&amp;ssl=1 1068w" sizes="(max-width: 696px) 100vw, 696px" data-recalc-dims="1"></p>
<p>DeFi Technologies has announced the upcoming launch of an XRP exchange-traded product (ETP) in Europe, marking a significant step for cryptocurrency investments in the region. This new financial instrument represents a significant development in bridging the gap between decentralized finance and traditional investment markets.</p>
<p>DeFi Technologies will launch the XRP ETP through its subsidiary, Valour Inc. Valour is known as a well-established organization that issues ETPs focused on digital assets. The launch, scheduled for December 2023, provides investors with a simple and secure way to gain exposure to XRP, the fifth-largest cryptocurrency globally with a market value of $31.6 billion.</p>
<p>According to the press release, the XRP ETP will be available on a major European exchange, allowing investors to access it through banks or brokerage services. This initiative reflects Valour’s commitment to expanding its product range in response to the growing demand for various digital asset investments in Europe.</p>
<p>Marco Infuso, Chief Sales Officer of Valour, expressed excitement about the expansion and emphasized that adding XRP to their product range aligns with the interest in various crypto assets from investors.</p>
<p>The announcement concluded by highlighting the functionality of XRP within RippleNet. This feature facilitates efficient and cost-effective international money transfers, showcasing its usability and attractiveness as a digital asset.</p>
<p>In addition to XRP, Valour’s product portfolio includes other cryptocurrencies such as Cardano (ADA), Solana (SOL), Avalanche (AVAX), and Binance Coin (BNB), with Bitcoin and Ethereum as flagship products. This diverse product range demonstrates Valour’s commitment to innovation and development in the cryptocurrency investment space.</p>
<h2 id="strong-valour-plans-to-expand-etps-to-include-non-crypto-assets-strong"><strong>Valour Plans to Expand ETPs to Include Non-Crypto Assets</strong></h2>
<p>The strategic move to launch Valour’s XRP ETP reflects an ongoing trend among financial institutions to adopt cryptocurrency-based investment products. This development positions Valour in line with other major organizations, such as the Swiss Exchange, that already offer XRP ETPs.</p>
<p>Additionally, the company hinted at plans to expand its range, including ETPs backed by traditional and physical assets. This expansion strategy underscores Valour’s commitment to staying ahead of product innovation in the rapidly evolving digital asset market.</p>
<p>While European investors welcome the introduction of XRP ETPs, the American market continues to await approval for a spot-based XRP ETF, despite existing applications for Bitcoin and Ethereum ETPs. This disparity highlights the diversity in regulatory and market acceptance rates for cryptocurrency-based financial products in different regions.</p>
<p>The post <a rel="noopener noreferrer nofollow" href="https://en.coinotag.com/digital-asset-company-to-launch-exchange-traded-product-etp-for-xrp-in-europe/">Digital Asset Company to Launch Exchange Traded Product (ETP) for XRP in Europe!</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://en.coinotag.com">COINOTAG NEWS</a>.</p>
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Digital Asset Company to Launch Exchange Traded Product (ETP) for XRP in Europe!

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