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Valour receives $11 million in institutional investment for purchasing Hedera-related ETP
ME News Report, April 22 (UTC+8), DeFi Technologies’ subsidiary Valour received approximately $11 million in institutional investment, mainly for investing in its Hedera (HBAR)-related exchange-traded products (ETPs). Among them, about $10 million is allocated for products listed on the Frankfurt Stock Exchange, and approximately $1 million for the Valour Hedera SEK product listed on the Swedish Spotlight Exchange. DeFi Technologies stated that this investment was facilitated through its seminar held in Abu Dhabi, demonstrating increased institutional demand for Hedera exposure via regulated exchange-traded products and driving the expansion of its asset management scale in the German market. (Source: MLion)