Valor’s Bitcoin Carbon Neutral ETP becomes the 11th ETP offered by Valor
Valor Bitcoin Carbon Neutral offers investors exposure to Bitcoin and presents a reliable investment method that benefits the environment and aligns with ESG objectives by funding certified carbon removal and offsetting initiatives in order to neutralize the associated carbon footprint of Bitcoin.
Starting today, September 23investors in Germany will be able to buy Bitcoin Carbon Neutral ETP (ISIN: CH1149139706) with a low management fee of 1.49% on Börse Frankfurtthe largest exchange in Germany.
TORONTO, September 23, 2022 / PRNewswire / – Valor Inc. (the “Agency” or “Value“) (NEO: DEFI) (GR: RMJR) (OTC: DEFTF), a technology company and the first and only publicly traded company bridging the gap between traditional capital markets, Web3 and decentralized finance, announced that will debut its new Carbon Neutral Bitcoin Exchange Traded (“ETP”) product on Börse Frankfurt. Trading of these ETPs starts today, September 23, 2022.
Valor Bitcoin Carbon Neutral ETP (ISIN: CH1149139706) offers investors sustainable and climate-friendly exposure to Bitcoin with a low management fee of 1.49%. The ETP presents a reliable investment method that benefits the environment and in line with ESG objectives, funding certified carbon removal and offsetting initiatives in order to neutralize Bitcoin’s associated carbon footprint.
Valor worked with leading climate action infrastructure provider Patch in structuring the ETP. When investments are made in Valor BTC Carbon Neutral ETP, all carbon emissions related to the investment will automatically be targeted to achieve a carbon neutral output using Patch’s API-based solution, which takes into account various inputs, such as the efficiency of mining equipment, hash power distribution and nationwide carbon emissions data, to estimate the amount of carbon emissions in the Valor portfolio.
To offset these emissions, Patch selects only high integrity designs that prevent, remove and sequester carbon dioxide from the atmosphere. Patch carefully selects projects and ensures that they have been audited 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 used by Patch to ensure that projects produce maximum impact are: additionality, real and verifiable permanence, and negativity.
“Valor is committed to ensuring that its offerings promote sustainable practices and contribute to efforts to build a carbon-neutral crypto industry,” he said. Russel Starr, CEO of Valore. “As a proud signer of the Crypto Climate Accord, Valor takes its ESG obligations seriously. We want to offer retail and institutional investors alike the tools to take part in the exciting digital asset ecosystem and are very proud to offer our first carbon neutral product. “
Valor offers fully covered digital asset ETPs with low to zero management fees, with product listings across four European exchanges. In addition to Bitcoin Carbon Zero, Valor’s existing product range includes Valor Binance (BNB), Valor Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM) and Enjin (ENJ) ETP, as well as Valor’s flagship Bitcoin Zero and Valor Ethereum Zero products, the first fully hedged passive investment products with Bitcoin (BTC) and Ethereum (ETH) as underlyings that are completely commission-free.
Find out more about Valor at https://valore.com/
Speaking of value
Valor Inc. is a technology company and the first and only publicly traded company bridging the gap between traditional capital markets and decentralized finance. Founded in 2019, Valor is backed by an acclaimed and pioneering team with decades of experience in financial markets and digital assets. Valor’s mission is to expand investor access to industry-leading Web3 and decentralized technologies. This allows investors to access the future of finance via regulated stock exchanges using their traditional bank account and login, visit https://valour.com
Notice regarding forward-looking information:
This press release contains “forward-looking information” within the meaning of applicable Canadian securities law. Forward-looking information includes, but is not limited to the development of the Issuer; investor interest in Value ETPs; geographic expansion and further listings of Valor’s ETP offerings; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by DeFi Technologies and its subsidiaries of business opportunities; and the merits or potential returns of such opportunities. In general, forward-looking information can be identified through the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “planned”, “estimates”, ” foresees “,” intends “,” anticipates “or” does not foresee “, or” believes “, or variations of such words and phrases or states that certain actions, events or results” could “,” could “,” would “,” it could “or” will be taken “,” will come “or” be reached “. Forward-looking information is subject to risks, uncertainties and other known and unknown factors that may cause actual results, business level, performance or Valor results, as the case may be, to differ materially from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but are not limited to the success of the Issuer; the acceptance of ETP Valor by exchanges, including NGM, Börse Frankfurt and Euronext; investor demand for DeFi Technologies and Valor products; growth and development of the DeFi and cryptocurrency sector; rules and regulations regarding DeFi and cryptocurrency; general economic, competitive, political and social uncertainties. Although Valor has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that prevent results from being forecast, estimated or forecast. There is no guarantee that such information will prove to be accurate, as actual results and future events could differ materially from those projected in such statements. Consequently, readers should not place undue reliance on forward-looking information. Valor makes no commitment to update any forward-looking information, except in accordance with applicable securities laws.
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SOURCE Valor, Inc.