Valor Announces Debut of Bitcoin Carbon Neutral Exchange Traded Product (ETP) on Börse Frankfurt
-
Valor’s Bitcoin Carbon Neutral ETP will be the 11th ETP offered by Valor
-
Valor Bitcoin Carbon Neutral offers investors exposure to Bitcoin and presents a reliable investment method that benefits the environment and aligns with ESG goals by funding certified carbon removal and offsetting initiatives to neutralize the associated Bitcoin carbon footprint.
-
Starting today, 23 Septemberinvestors in Germany will be able to buy Bitcoin Carbon Neutral ETP (ISIN: CH1149139706) with a low management fee of 1.49% on Börse Frankfurtthe largest stock exchange in Germany.
TORONTO, 23 September 2022 /PRNewswire/ – Valor Inc. (the “Company“or”Valor“) (NEO: DEFI) (GR: RMJR) (OTC: DEFTF), a technology company and the first and only publicly traded company bridging traditional capital markets, Web3 and decentralized finance, announced that it will debut its new Carbon Neutral Bitcoin Exchange Traded product (“ETP”) on the Börse Frankfurt. Trading these ETPs begins today, 23 September 2022.
The Valor Bitcoin Carbon Neutral ETP (ISIN: CH1149139706) provides investors with a sustainable and climate-friendly exposure to Bitcoin with a low management fee of 1.49%. ETP presents a reliable investment method that benefits the environment and is in line with ESG goals by financing certified carbon removal and offsetting initiatives to neutralize the associated Bitcoin carbon footprint.
Valor has partnered with the leading supplier of climate action infrastructure, Patch, in the structuring of the ETP. When investing in the Valor BTC Carbon Neutral ETP, all carbon emissions associated with the investment will be automatically targeted to achieve carbon neutral production using Patch’s API-based solution, which takes into account various inputs, such as the efficiency of mining equipment, distribution of hash power, and carbon emissions data at a national level, to estimate the amount of carbon emissions the Valor portfolio has.
To offset these emissions, Patch only selects projects with high integrity that prevent, remove and sequester carbon dioxide from the atmosphere. Patch carefully selects projects, ensuring they have been checked by qualified and recognized organizations and standards, including; Gold Standard, Climate Action Reserve, Verified Carbon Standard, BCarbon, American Carbon Registry and Puro.Earth. The criteria Patch uses to ensure that projects have the greatest impact are: additionality, real and verifiable duration and negativity.
“Valour strives to ensure that its offerings promote sustainable practices and contribute to the effort to build a carbon-neutral crypto industry”, said Russell Starr, CEO of Valour. “As a proud signatory to the Crypto Climate Accord, Valor takes its ESG commitments seriously. We want to give both private and institutional investors the tools to participate in the exciting digital asset ecosystem, and we are very proud to offer our first carbon neutral product.”
Valor offers fully hedged digital asset ETPs with low to zero management fees, with product listings on four European exchanges. In addition to Bitcoin Carbon Zero, Valor’s existing product range includes Valor Binance (BNB), Valor Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM) and Enjin (ENJ ) ETPs, as well as Valor’s flagship Bitcoin Zero and Valor Ethereum Zero products, the first fully hedged passive investment products with underlying Bitcoin (BTC) and Ethereum (ETH) that are completely fee-free.
Learn more about Valor at https://valour.com/
About Valor
Valor Inc. is a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets and decentralized 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 decentralized technologies. This allows investors to access the future of finance via regulated stock exchanges using their traditional bank account and access, visit https://valour.com
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 development of the Issuer; investor interest in Valour’s ETPs; geographic expansion and additional listings of Valour’s ETP offerings; the regulatory environment with respect to the growth and adoption of decentralized finance; DeFi Technologies and its subsidiaries’ pursuit of business opportunities; and the benefits or potential returns of such opportunities. In general, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “expected”, “budget”, “planned”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and expressions or states that certain actions, events or results “may”, “could”, “would”, “may” or “will be taken “, “occur” or “achieve”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause the actual results, level of activity, performance or achievements of Valour, as the case may be, to differ materially from those expressed or implied by such. forward-looking information. Such risks, uncertainties and other factors include, but are not limited to, the success of the Issuer; acceptance of Valor ETPs by stock exchanges, including NGM, Börse Frankfurt and Euronext; investor demand for DeFi Technologies and Valour’s products; growth and development of the DeFi and cryptocurrency sector; rules and regulations with respect to DeFi and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although Valor has attempted to identify important factors that may cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause 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. Valor undertakes no obligation to update any forward-looking information, except in accordance with applicable securities laws.
View original content to download multimedia: https://www.prnewswire.com/news-releases/valour-announces-debut-of-bitcoin-carbon-neutral-exchange-traded-product-etp-on-borse-frankfurt -301631808 .html
SOURCE Valor, Inc.