DeFi Technologies subsidiary launches physically-backed BTC staking ETP

Valour Digital Securities Limited, a subsidiary of DeFi Technologies listed on NASDAQ, announced the launch of a physically-backed Bitcoin staking exchange-traded product "1 Valour Bitcoin Physical Staking" on the London Stock Exchange, providing investors with a unique exposure to Bitcoin staking yields. It is reported that the product is backed by physical Bitcoin at a 1:1 ratio.