## Valour Expands Offerings with First-Ever Bittensor (TAO) ETP in the Nordics
DeFi Technologies Inc., a leading player in merging traditional finance with decentralized finance (DeFi), has announced a significant expansion of its product offerings through its subsidiary, Valour Inc. Valour has listed the first-ever Valour Bittensor (TAO) ETP on Sweden’s Spotlight Stock Market, marking a major step towards bringing cutting-edge digital assets to Nordic investors.
This move signifies Valour’s commitment to providing accessible and innovative investment opportunities. The new Valour Bittensor (TAO) SEK ETP offers Nordic investors a unique way to gain exposure to TAO, the native token of the Bittensor network. This network, valued at $3.9 billion and ranked #25 among global digital assets, revolutionizes machine learning by creating a decentralized marketplace for exchanging and trading AI intelligence.
Bittensor’s decentralized approach allows AI models to collaborate and share knowledge, fostering a collective intelligence pool that benefits all participants. This innovative model has garnered considerable interest in the AI community, and the launch of the Valour Bittensor (TAO) ETP provides investors with a straightforward path to participate in this burgeoning field.
The ETP features a 1.9% management fee, offering investors streamlined access to the exciting world of decentralized AI. “With the TAO ETP, we’re setting a new standard for AI-backed investments, linking investors to the future of decentralized intelligence,” commented Elaine Buehler, Head of Product at Valour. “This launch brings traditional investors into a dynamic AI ecosystem, pushing the boundaries of digital asset investment in the Nordics for the first time.”
Johanna Belitz, Head of Nordics at Valour, emphasized the strategic significance of this launch. “By launching the Valour Bittensor ETP in Sweden, we’re expanding investor access to the transformative potential of decentralized machine learning. Our focus remains on providing high-quality products that reflect current market demands and foster innovation. This is an important milestone as the first Bittensor ETP in the Nordics.”
This latest addition to Valour’s product portfolio demonstrates the company’s commitment to providing investors with access to innovative and diverse digital assets. By bringing Bittensor to the Nordics, Valour is paving the way for the adoption of decentralized AI technologies and opening up new avenues for investment in the future of machine intelligence.