Valour, a Zurich-based exchange-traded products (ETP) issuer, announced the launch of a fully backed investment product to increase exposure to Uniswap decentralized exchange’s native token, UNI.
The UNI token serves as the underlying asset within the Valour Uniswap ETP offering available as a fully backed passive investment product. The Uniswap ETP was launched on a European stock exchange named Boerse Frankfurt Zertifikate AG, the Frankfurt Stock Exchange co-owner.
Valour CEO Diana Biggs highlighted the inaccessibility of blockchain-based investment products on traditional markets and stock exchanges. Speaking about Valour Uniswap ETP’s position in making decentralized finance investments available via mainstream investment channels, she said:
“Uniswap ETP will provide investors with the opportunity to gain exposure to areas of innovation, in particular to decentralized finance.”
As of Monday, Valour’s assets under management offerings grew over 3,000% in 2021, surpassing $290 million from trading on traditional stock exchanges. The Uniswap protocol has passed $500 billion in total trading volume since November 2018.
A Cointelegraph report from Oct. 19 credits Uniswap’s layer-two volumes surge to high transaction fees on the Ethereum blockchain.
Hayden Adams, founder of Uniswap, estimated that Uniswap v3 processed daily volumes worth $115 million across the Arbitrum and Optimism smart contract networks.
According to crypto market data provider Nomics, Uniswap v3 drove $80 million in volume on Arbitrum and roughly $14 million on Optimism during that timeframe.