Floki Price Surges 23% After Valour Launches Europe's First FLOKI ETP on Swedish Stock Market

Floki (FLOKI), the cryptocurrency project that originated as a memecoin and has developed its own comprehensive ecosystem, experienced a significant 23% price surge following the introduction of Europe's first Floki exchange-traded product (ETP). The Valour Floki SEK ETP launched on October 3rd on Sweden's Spotlight Stock Market, marking Floki as the inaugural BNB Chain ecosystem token to receive an ETP listing alongside BNB. Developed by Valour, a DeFi Technologies subsidiary, this investment product enables both retail and institutional investors to gain exposure to FLOKI tokens without direct cryptocurrency ownership. Floki operates across both Ethereum and BNB Chain networks and features an extensive ecosystem including play-to-earn NFT gaming, DeFi asset locking services, NFT marketplace, and cryptocurrency education platform. This development aligns with renewed momentum across BNB Chain projects, with BNB recently reaching a new all-time high above $1,150 before experiencing a minor correction.