Mr. Russell Starr reports
VALOUR ANNOUNCES DEBUT OF BITCOIN CARBON NEUTRAL EXCHANGE TRADED PRODUCT (ETP) ON BORSE FRANKFURT
will debut its new Carbon Neutral Bitcoin exchange-traded product (ETP) on Borse Frankfurt. Trading of these ETPs begins today, Sept. 23, 2022.
Valour's Bitcoin Carbon Neutral ETP becomes the 11th ETP offered by Valour
Valour Bitcoin Carbon Neutral offers investors exposure to bitcoin and presents a trusted investment method that benefits the environment and aligns with ESG (environmental, social and governance) goals by financing certified carbon removal and offset initiatives in order to neutralize the associated bitcoin carbon footprint.
Starting Sept. 23, 2022, investors in Germany will be able to purchase the Bitcoin Carbon Neutral ETP (ISIN: CH1149139706) with a low management fee of 1.49 per cent on Borse Frankfurt, the largest exchange in Germany.
Valour Bitcoin Carbon Neutral ETP (ISIN: CH1149139706) provides investors with sustainable and climate-friendly exposure to bitcoin with a low management fee of 1.49 per cent. The ETP presents a trusted investment method that benefits the environment and aligns with ESG goals by financing 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 ETP. 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 (application programming interface) solution, which takes into account various inputs, such as the efficiency of mining equipment, distribution of hash power and nation-level carbon emission data, to estimate the amount of carbon emissions the Valour portfolio has.
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 and recognized organizations and standards, including Gold Standard, Climate Action Reserve, Verified Carbon Standard, BCarbon, American Carbon Registry and Puro.Earth. 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, chief executive officer 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. In addition to Bitcoin Carbon Zero, Valour's existing product range includes Valour Binance (BNB), Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM) and Enjin (ENJ) ETPs, as well as Valour's flagship Bitcoin Zero and Valour Ethereum Zero products, the first fully hedged, passive investment products with bitcoin (BTC) and ethereum (ETH) as underlyings which are completely fee-free.
Valour is a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets and decentralized finance. Founded in 2019, Valour is backed by an acclaimed and pioneering team with decades of experience in financial markets and digital assets. Valour's mission is to expand investor access to industry-leading Web3 and decentralized technologies. This allows investors to access the future of finance through regulated equity exchanges using their traditional bank account and access.
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