TORONTO – Valour Inc. (NEO: DEFI) (GR: RMJR) (OTCQB: DEFTF), a technology company bridging the gap between traditional capital markets and decentralised finance, announced today that the SEBA VALOUR Metaverse Index (SVMETA) is available for trading OTC. Valour collaborated with SEBA Bank and MVIS to launch an investable index for tokens building for the Metaverse, SVMETA.
The SVMETA index (ISIN DE000SL0F989) is an investable index for tokens building for the Metaverse that provides exposure to crypto assets related to gaming, entertainment and social interactions within the virtual and augmented reality world. SVMETA constituent weights are proportional to their market capitalizations. The selection of the constituents is monitored on an ongoing basis.
The SEBA VALOUR Metaverse Index counts currently 3 components. The full list of the components with the respective weights (as of latest close) is available below.
The Sandbox 41.83%
Decentraland 39.09%
Enjin Coin 19.08%
“We are happy to announce the second phase of our Metaverse Index – the launch of OTC trading,” said Tommy Fransson, CEO at Valour Asset Management. “With this, we give investors the possibility to get exposure to the index consisting of Enjin, Decentraland and Sandbox. We will continue to drive product development and support client demand with bridging the gap between traditional capital markets and investments in digital assets.”
SVMETA is a rules-based index that covers the CCCAGG pricing and is calculated in USD as a price index. The index is reviewed on a monthly basis.
With this latest development, DeFi Technologies is further advancing its mission of integrating the foundational assets of the new digital economy into legacy financial institutions. Through Valour, DeFi Technologies offers 27 unique ETPs based on 8 of the highest performing DeFi tokens. These ETPs include Bitcoin Zero and Ethereum Zero, the only zero-fee synthetic crypto ETPs currently traded in Europe. Learn more Valour at valour.com.
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the listing of the SVMETA index; 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; the pursuit by DeFi Technologies and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. 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 be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour ETPs by exchanges, including the NGM, Frankfurt and Euronext; partnership with SEBA Bank and MVIS; investor demand for DeFi Technologies’ and Valour’s products; 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 could 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 anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Source: Valour, Inc.
