Valour, a subsidiary of DeFi Technologies, has launched the world’s first exchange-traded product (ETP) for Near Protocol.

This launch comes at a time of increased interest in cryptocurrency assets, particularly following the debut of spot Bitcoin ETFs in the US in January. The new ETP is expected to bring significant attention to Near Protocol (NEAR) which is currently among the top 20 cryptocurrency with a market capitalization of $6.6 billion.  

Valour unveils new ETP for NEAR

In announcement on Wednesday, the digital assets investment products provider said that the new ETP, Valour Near (NEAR), will be available to both retail and institutional investors.

Holders will get exposure to the Near Protocol ecosystem, with the ETP allowing them to participate in the Web3 …