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Valour Lands $11M Institutional Backing for Hedera-Linked ETPs

Valour, a DeFi Technologies subsidiary, has secured about $11 million from institutional investors earmarked for purchases of its Hedera (HBAR)-linked ETPs, PR Newswire reported. Roughly $10 million will go into the product listed on the Frankfurt Stock Exchange, while about $1 million is allocated to Valour Hedera SEK on Sweden's Spotlight Exchange. DeFi Technologies said the deals were arranged through its Abu Dhabi workshop, pointing to rising institutional appetite for regulated ETPs as a route to Hedera exposure and supporting the firm's growth in assets under management in the German market.
HBAR
HBAR+2.83%
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