Toronto-based technology company Valour Inc. has announced its intention to launch Carbon Neutral Bitcoin Exchange Traded Product (ETP), on Börse Frankfurt, the largest stock exchange in Germany.
According to a press release
Recall that leading German banks Comdirect and Onvista announced back in August that they would start providing their retail customers in Germany access to Valour's ETPs and other cryptocurrency services. Similarly, bank clients will be able to include Valour's ETPs, such as Bitcoin Zero and Ethereum Zero, in their investment accounts.
Furthermore, to compensate for the carbon footprint linked with Bitcoin, the ETP offers a stable and reliable investment strategy that supports the environment and is in line with ESG objectives by funding approved carbon removal and offset projects.
Valour Forms Partnership with Patch To Structure ETP
As part of the ETP's structure, Valour has formed a partnership with Patch, a top provider of infrastructure for climate action.
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