A cryptocurrency project that started as a Memecoin and has since evolved with its own ecosystem has seen its price jump almost 23% in the last 24 hours after the launch of its first stocked product (ETP) in Europe.
The new offer, called Valor Floki Sek Etp, was launched on October 3 at Sweden’s Spotlight -Aktie Market, making Flokii the first BNB -chain -ecosystem -token to secure an ETP besides BNB itself.
Developed by Valor, a subsidiary of Defi Technologies, the product is designed for both retail and institutional investors who want exposure to the flock -token without keeping crypto directly.
Floki, found on both the Ethereum and BNB chains, has an ecosystem that includes a Play-to-Earn non-fungal token (NFT) game, a defi asset locker, an NFT marketplace and a crypto education platform.
The launch coincides with renewed momentum in BNB chain projects. BNB itself rose past $ 1,150 this week to a new highest time before he saw a correction just below this level.
