VALOR VDAB10 will be the new benchmark index for crypto offerings at the independent research provider MoneyMoon
TORONTO, 13 February 2023 /CNW/ – Valor Inc. (the “Company“or”Valor“) (NEO: DEFI) (GR: MB9) (OTC: DEFTF), is pleased to announce that its subsidiary Valor Inc. (Cayman) (“Valor Cayman“) VALOR VDAB10 Index was selected as the benchmark on MoneyMoon, one of the largest European exchange-traded product comparison platforms with well over 75,000 monthly active users.
According to independent research provider MoneyMoon, Valour’s ETP products consistently outperform peers. VDAB10 (ISIN: CH1149139623) tracks the performance of the 10 largest crypto assets based on a market value with a cap of 30% for any constituent, giving investors a diversified exposure to developments crypto landscape.
“To ensure a completely transparent comparison for the users of the app, we perform an in-depth analysis to find the best benchmarks for each ETF/ETP category to guarantee a fair comparison within the ETF/ETP categories. In case of crypto basket ETPs, depends a lot on the weighting of the cryptocurrencies to avoid sub-optimal diversification. In this regard, Valor Digital Asset Basket convinced us in several dimensions to be the best benchmark,” said Imre Kiss founder and CEO MoneyMoon.
“We are delighted to be selected as the benchmark on MoneyMoon and to have our products consistently recognized for their strong performance,” said Olivier Francois Roussy NewtonCEO of Valor Inc. “Our commitment to delivering the highest quality and most innovative ETP products has always been a top priority for us, and it is great to see our efforts pay off. We are proud to offer investors a diversified and high-yield exposure to the rapidly evolving digital asset space through our VDAB10 index and our ETP products.”
Valor Cayman offers fully hedged digital asset ETPs with low to zero management fees, with product listings across European exchanges, banks and brokerage platforms. Valor Cayman’s existing product range includes Valor Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM), Binance (BNB), Enjin (ENJ), Valor Bitcoin Carbon Neutral and Valor Digital Asset Basket 10 (VDAB10) ETPs with low management fees. Valor Cayman’s flagship products are Bitcoin Zero and Ethereum Zero, the first fully secured, passive investment products with Bitcoin (BTC) and Ethereum (ETH) as underlying which are completely fee-free.
The company also announces that Mr. Russell Starr has chosen to step down from his role as executive chairman, but will remain as head of capital markets. Olivier Francois Roussy NewtonCEO of Valour, will assume the role of executive chairman as a replacement Russell Starr.
Learn more about Valor and MoneyMoon at www.valour.com and www.moneymoon.eu
About Valor
Valor Inc. (NEO: DEFI ) (GR: RMJ.F ) (OTCQB: DEFTF ) is a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets and finance. Founded in 2019, Valor is backed by a recognized and pioneering team with decades of experience in financial markets and digital assets. Valour’s mission is to expand investor access to industry-leading Web3 and technologies. This allows investors to access the future of finance via regulated stock exchanges using their traditional bank account and access.
About MoneyMoon:
MoneyMoon is an independent European ETF/ETP platform. They pre-select the most favorable exchange-traded products for end users. The app can be downloaded from the App Store or Google Play Store. For more information, please visit www.moneymoon.eu
Warning about forward-looking information:
This press release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, the Offer; the regulatory environment with respect to the growth and adoption of decentralized finance; Valor and its subsidiaries’ pursuit of business opportunities; and the benefits or potential returns of such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to differ materially from those expressed or implied by the Company. such forward-looking information. Such risks, uncertainties and other factors include, but are not limited to, acceptance of Valor exchange-traded products by exchanges; growth and development of DeFi and cryptocurrency sector; rules and regulations with respect to DeFi and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the company has attempted to identify important factors that may cause actual results to deviate significantly from those contained in the forward-looking information, there may be other factors that cause the results not to be as expected, estimated or intended. No guarantee can be given that such information will prove to be accurate, as actual results and future events may differ materially from those anticipated in such statements. Accordingly, readers should not rely on forward-looking information. The Company undertakes no obligation to update any forward-looking information, except in accordance with applicable securities laws.
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SOURCE Valor, Inc.
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