Valour, a Zurich-based exchange-traded products (ETP) issuer, announced the launch of a fully-backed investment product to increase exposure to Uniswap decentralized exchange’s native token, UNI.
The UNI token serves as the underlying asset within the Valour Uniswap ETP offering available as a fully-backed passive investment product. The Uniswap ETP was launched on a European stock exchange named Boerse Frankfurt Zertifikate AG, the Frankfurt Stock Exchange co-owner.
Valour CEO Diana Biggs highlighted the inaccessibility of blockchain-based investment products on traditional markets and stock exchanges. Speaking about Valour Uniswap ETP’s position in making DeFi investments available via mainstream investment channels, he said:
“Uniswap ETP will provide investors with the opportunity to gain exposure to areas of innovation, in particular to decentralized finance (DeFi).â€
As of Oct. 25, Valour’s assets under management (AUM) offerings grew over 3033% in 2021, surpassing $290 million from trading on traditional stock exchanges. The Uniswap protocol passed $500 billion in total trading volume since Nov. 2018.
Related: Arbitrum extends lead over Optimism as Uniswap posts record volume on L2
A Cointelegraph report from Oct. 19 credits Uniswap’s layer-two volumes surge to high transaction fees on the Ethereum (ETH) blockchain.
Hayden Adams, the founder of Uniswap, estimated that Uniswap v3 processed daily volumes worth $115 million across the Arbitrum and Optimism smart-contract networks.
Uniswap v3 on layer 2 (arb + OE) doing an all time-time high of $115m volume!!
2⃣ L2 season is here 🙂
— hayden.eth (@haydenzadams) October 18, 2021
According to a crypto market data provider, Nomics, Uniswap v3 drove $80 million in volume on Arbitrum and roughly $14 million on Optimism during that timeframe.
