Valour, a subsidiary of DeFi Technologies, launches new Bitcoin staking ETP on London Stock Exchange

According to ChainCatcher, 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 has an annual yield of 1.4%, supported by Bitcoin stored in cold wallets, and is protected by multi-party computing (MCP) technology. 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 since 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.