Key Takeaways:
- Floki DAO collaborates with an asset manager to launch a regulated Floki ETP on the SIX Swiss Exchange in Q1 2025.
- 16 billion FLOKI tokens (worth $2.8 million) allocated for liquidity via a DAO vote.
- FLOKI’s market cap hits $1.7 billion, with 400% growth YTD.
Floki ETP: Bridging Crypto and Traditional Finance
Floki DAO announced a partnership to launch an Exchange-Traded Product (ETP) for its FLOKI token, slated for listing on the SIX Swiss Exchange. This institutional-grade product will enable regulated exposure to FLOKI, following Dogecoin’s precedent in Europe.
👉 Why It Matters: ETPs provide investors with secure, compliant access to crypto assets, boosting mainstream adoption.
“The Floki ETP is on track to go live in early Q1 2025 after months of due diligence.”
— Floki DAO
DAO Vote & Liquidity Provisioning
The community unanimously approved allocating 16 billion FLOKI tokens ($2.8M) for ETP liquidity:
- 204.9 billion votes in favor (0 against/abstentions).
- Tokens remain under Floki’s control until third-party liquidity stabilizes.
Confidentiality Note: Product structure/pricing details remain undisclosed due to regulatory protocols.
Floki’s Market Momentum and Debit Card Launch
- Market Cap: $1.7 billion (7th-largest memecoin).
- Price: $0.00017 (400% YTD growth despite recent dips).
- Recent Milestone: Launched a Mastercard-backed debit card in 31 European countries, supporting FLOKI, BTC, and USDT.
“0% fees for transactions & currency exchange.”
— Floki Debit Card Announcement
University of Floki: Crypto Education for All
Floki’s new educational platform offers free courses on:
- Smart Contracts
- NFTs & DeFi
- Blockchain Security
- Web3 Fundamentals
Goal: Demystify crypto for beginners and experts alike.
FAQ Section
1. What is a Floki ETP?
An Exchange-Traded Product that tracks FLOKI’s price, offering regulated exposure via traditional stock exchanges.
2. When will the Floki ETP launch?
Targeting early Q1 2025 on the SIX Swiss Exchange.
3. How does the debit card work?
Spend crypto at Mastercard/VISA merchants with 0% transaction fees.
4. What’s Floki’s market performance?
Up 400% this year, with a $1.7B market cap.
5. Is the University of Floki free?
Yes—courses are 100% free and accessible to all.
👉 Explore More: Floki’s official updates
Final Thought: Floki’s ETP and debit card signify its push toward real-world utility, blending memecoin virality with tangible financial products.