Sweden’s Spotlight Stock Market Lists 20 New Crypto ETPs by Valour

Sweden’s Spotlight Stock Market has significantly expanded its cryptocurrency offerings by listing 20 new digital asset exchange-traded products (ETPs), all issued by Valour, a subsidiary of DeFi Technologies. This expansion brings the total number of ETPs available on the market to 45, providing traditional investors with increased access to a diverse range of digital assets.

A Major Expansion in Crypto ETPs

The new launch includes a variety of digital asset ETPs, with some denominated in euros and others in Swedish kronor. These products cover a wide array of cryptocurrencies and blockchain technologies, reflecting the growing interest in digital assets among institutional investors.

Valour’s newly listed ETPs feature popular tokens and projects, including Aave (AAVE), Aerodrome Finance (AERO), Akash Network (AKT), Aptos (APT), Arweave (AR), Fetch.ai (FET), Fantom (FTM), Injective (INJ), Jupiter (JUP), Kaspa (KAS), Lido DAO (LDO), Metis (METIS), Pendle (PENDLE), Pyth Network (PYTH), Render (RNDR), Sei (SEI), Starknet (STRK), THORChain (RUNE), Worldcoin (WLD), and Wormhole (W).

The ETPs, managed in part by third-party entities, reflect Valour’s commitment to bringing innovative blockchain products to market. This expansion follows the debut of Spotlight’s ETP segment, which initially launched Valour’s Core (CORE) and Hedera (HBAR) products in June.

Valour co-founder Johan Wattenström emphasized the significance of this launch, saying, “By simultaneously introducing such a diverse range of innovative products, we are not merely expanding our portfolio — we are offering investors access to the forefront of blockchain technology.”

Spotlight’s Growing Crypto Presence

The latest expansion marks a major step in Spotlight’s efforts to become a key player in the growing digital asset market. Spotlight is one of three stock exchanges in Sweden, alongside Nasdaq Nordic and Nordic Growth Market. This addition of 20 ETPs brings the total number of digital asset products traded on the platform to 45, all from Valour.

Valour has already made a significant mark in the European market, with over 60 ETPs listed across the region. The company has ambitious goals to grow its portfolio to 100 ETPs by the end of 2025. Notably, Valour and Spotlight introduced the first Dogecoin (DOGE) ETP in November, adding further to the variety of products available to traditional investors.

Valour’s Global Expansion

Valour’s reach is expanding beyond Europe, as the company continues to push for global access to its ETPs. In October, 19 of Valour’s ETPs were moved from the Nordic Growth Market to Spotlight. In November, Valour signed a memorandum of understanding with AsiaNext, a derivatives trading platform for institutions, and Sov.fi, an issuance platform, to list its ETPs on AsiaNext’s Singapore-licensed securities exchange. AsiaNext is a joint venture between Japan’s SBI Digital Asset Holdings and Switzerland’s SIX Group, the operator of the SIX Exchange.

In addition to expanding into Asia, Valour has made strides in Africa. In August, Valour, alongside Sov.fi, signed an agreement with the Nairobi Securities Exchange in Kenya to list Bitcoin (BTC), Ether (ETH), Solana (SOL), and Hedera (HBAR) ETPs on the exchange.

Looking Ahead

With its growing portfolio of ETPs and ongoing international expansion, Valour is positioning itself as a leading player in the crypto ETP market. The company’s efforts to bring digital asset exposure to traditional investors through regulated stock exchanges continue to bridge the gap between the world of cryptocurrency and mainstream financial markets.