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Valour (NEO:DEFI) debuts Bitcoin Carbon Neutral ETP on Börse Frankfurt

Cryptocurrency, Finance
NEO:DEFI
23 September 2022 09:00 (EDT)

Valour (DEFI) will debut its new Carbon Neutral Bitcoin Exchange Traded product (ETP) on Börse Frankfurt.

Trading of these ETPs begins today, September 23, 2022.

Valour Bitcoin Carbon Neutral ETP (ISIN: CH1149139706) provides investors with sustainable and climate-friendly exposure to Bitcoin with a low management fee. The ETP presents a trusted investment method that benefits the environment and aligns with ESG goals by funding certified carbon removal and offset initiatives in order to neutralize the associated Bitcoin carbon footprint.

Valour has partnered with leading climate action infrastructure provider Patch in the structuring of the product. When investments are made in the Valour BTC Carbon Neutral ETP, all carbon emissions linked to the investment will be automatically targeted to achieve carbon-neutral output using Patch’s API-based solution.

To offset these emissions, Patch only selects high-integrity projects that prevent, remove and sequester carbon dioxide from the atmosphere. Patch carefully selects projects and ensures they have been vetted by qualified organizations. The criteria Patch uses to ensure projects deliver the highest impact are: additionality, real and verifiable permanence, and negativity.

“Valour strives to ensure that its offerings promote sustainable practices and contribute to efforts to build a carbon-neutral crypto industry,” said Russell Starr, CEO of Valour.

“As a proud signatory on the Crypto Climate Accord, Valour takes its ESG obligations seriously. We want to give retail and institutional investors alike the tools to partake in the exciting digital asset ecosystem, and we are very proud to offer our first carbon neutral product.”

Valour offers fully hedged digital asset ETPs with low to zero management fees, with product listings across four European exchanges.

Valour’s suite of ETPs offers diversified exposure across cryptocurrencies and decentralized finance.

Valour (DEFI) opened trading at $0.27 per share.


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