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Gate Square New & Returning Creator Rewards are ongoing!
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DeFi Technologies' Brazil layout: Five digital asset ETPs officially launched on B3 exchange.
[Coin World] Valour, a subsidiary of DeFi Technologies, made a big move at Brazil's B3 exchange this time—directly listing the Brazilian Depositary Receipt DEFT31, along with the launch of five digital asset ETP products: BTCV, ETHV, XRPV, VSOL, and VSUI.
This is significant for Valour. Previously, the company was mainly active in the European market, and this is their first time extending their reach beyond Europe. Investors in Brazil can now buy and sell these products directly through local exchanges using Brazilian reais, without the hassle of overseas accounts or complicated exchange processes. In simple terms, it puts crypto assets and equity in DeFi Technologies in the most familiar place for Brazilian investors – they can place orders through traditional brokers.
This move has indeed lowered the entry barrier for ordinary investors, and it also means that the compliance progress of crypto assets in mainstream financial markets has advanced another step.