DeFi Technologies' Valour launches new Bitcoin staking ETP on London Stock Exchange

PANews September 19th news, according to CoinDesk, as the UK gradually relaxes restrictions on digital assets, Valour, a subsidiary of DeFi Technologies, launched a Bitcoin-staking ETP on the London Stock Exchange, providing investors with cryptocurrency returns opportunities. The Bitcoin staked ETP annual yield is 1.4%, supported by Bitcoin stored in cold wallets, and multi-party computing (MCP) technology is used to ensure security. Currently, this new Bitcoin staking ETP is only available to institutional and professional investors. The UK will allow retail investors to purchase cryptocurrency ETN again on October 8, lifting the ban imposed from 2021. The announcement did not specify how the income was generated. However, another Bitcoin ETP listed on the French Exchange generates Bitcoin earnings by entrusting tokens on Core Chain.