{"id":145618,"date":"2024-12-27T20:00:17","date_gmt":"2024-12-27T18:00:17","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145618"},"modified":"2024-12-27T19:26:12","modified_gmt":"2024-12-27T17:26:12","slug":"floki-targets-european-market-with-upcoming-etp-launch-in-2025","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/floki-targets-european-market-with-upcoming-etp-launch-in-2025\/","title":{"rendered":"Floki Targets European Market with Upcoming ETP Launch in 2025"},"content":{"rendered":"<p>The developers are <strong><a href=\"https:\/\/x.com\/RealFlokiInu\/status\/1871873768068399424\" rel=\"nofollow\">collaborating<\/a> <\/strong>with a notable asset manager to launch a Floki-based exchange-traded product (ETP) aimed at European investors, expected to debut in early 2025.<\/p>\n<p>The team highlighted that the initiative has been months in the making, with rigorous due diligence paving the way for the launch. The proposed ETP will allow investors to gain exposure to <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/floki-inu\/\">FLOKI<\/a> <\/strong>without directly owning the token. The Floki team is seeking approval from its decentralized autonomous organization (DAO) to allocate liquidity for the product.<\/p>\n<p>The upcoming ETP is set to trade on the SIX Swiss Exchange, Switzerland\u2019s premier stock exchange, marking a significant step for the meme coin market. If successful, Floki will join Dogecoin as one of the few meme-based assets with an ETP.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-145614\" href=\"https:\/\/cryptodnes.bg\/en\/crypto-bull-market-nearing-its-final-phase-analyst-warns\/\" title=\"Crypto Bull Market Nearing Its Final Phase, Analyst Warns\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/bitcoin_bullrun-min-1280x720-1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Crypto Bull Market Nearing Its Final Phase, Analyst Warns<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>\u201cThis initiative will enable institutional and retail investors to access FLOKI in a regulated manner, potentially broadening its reach,\u201d the team noted.<\/p>\n<p>The proposal also includes a token burn mechanism to reduce supply and enhance scarcity, with a portion of existing FLOKI tokens allocated to support the ETP\u2019s liquidity. The remainder will be burned upon the ETP\u2019s launch, a move designed to increase long-term value.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The team behind Floki (FLOKI), a cryptocurrency inspired by internet memes, has unveiled plans for a groundbreaking financial product.<\/p>\n","protected":false},"author":9,"featured_media":34922,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"yes","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[109,225,111],"coin_category":[],"class_list":["post-145618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-dogecoin","tag-floki","tag-meme-coin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Floki Targets European Market with Upcoming ETP Launch in 2025<\/title>\n<meta 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