Frankfurt Stock Exchange to list Carbon Neutral Bitcoin ETP offered by Cointelegraph



Frankfurt Stock Exchange to List Carbon-Neutral Bitcoin ETP

Valor, a subsidiary of DeFi Technologies, will debut its new carbon-neutral exchange-traded product (ETP) on the Frankfurt Stock Exchange. ETP debut – today, September 23.

The company bills its ETP as a “sustainable and climate-friendly” Bitcoin impact, and it has a 1.49% management fee. Alignment with global environmental goals and environmental, social and corporate governance (ESG) is reportedly achieved by funding certified carbon removal and offset initiatives to offset the carbon footprint associated with .

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To structure the ETP, Valor is partnering with Patch, a platform that provides infrastructure for climate action and has previously worked with Andreessen Horowitz and other prominent institutional investors. The ad says:

Read the full article on Cointelegraph

Source: es.investing.com

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