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What will be the outcome of the Floki DAO community vote on the ETP proposal by December 27, 2024?
2
Resolution / Starting Odds
Approved • 33%
Rejected • 33%
Postponed • 34%
Official announcement from the Floki DAO or Floki Inu's official communication channels
Story
Floki Inu Targets European ETP Launch in Q1 2025 on SIX Swiss Exchange, Community Vote Ends December 27 with 16B FLOKI
Dec 25, 2024, 05:49 PM
Floki Inu, a meme-turned-utility cryptocurrency, is poised to launch its own Exchange-Traded Product (ETP) in Europe, potentially as early as the first quarter of 2025. The Floki DAO is currently seeking community votes on a proposal to provide early liquidity for the ETP, with the voting period set to conclude on December 27, 2024. If the proposal is approved, Floki will join Dogecoin as one of the only meme coins with institutional investment products available in Europe. The ETP is expected to be listed on Switzerland’s SIX Swiss Exchange, marking a significant step for the Floki token and its community. The DAO has also proposed a partnership with an asset manager to facilitate the launch of the ETP, which aims to attract institutional investors by offering a regulated investment vehicle linked to the FLOKI token.
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