Injective Introduces Valour Injective SEK

Twitter icon  •  Published vor 1 Woche on December 17, 2024  •  Hassan Maishera

On Monday, the Injective team announced via X that it had launched the Valour Injective SEK, a compliant exchange-traded product (ETP) offering secure access to $INJ.

Injective Introduces Valour Injective SEK

On Monday, the Injective team announced via X that it had launched the Valour Injective SEK, a compliant exchange-traded product (ETP) offering secure access to $INJ. Listed on Sweden’s Spotlight Stock Market (SPT), this product bridges brings more institutional access to INJ while further bringing Injective to mainstream audiences.

Injective revealed that the Valour Injective (INJ) SEK ETP is launched by Valour Funds, a pioneer in issuing digital asset-backed financial products. Valour Injective SEK provides a daily return that synthetically tracks the performance of $INJ.

Fully hedged by $INJ, Valour Injective SEK is a regulated offering approved by the Swedish Financial Supervisory Authority (SFSA), ensuring security, transparency, and compliance with EU regulations.

Injective is an open, interoperable layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $28.25, down 1.5% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.