Floki plans to launch European exchange trading products, and the DAO proposes to provide early Liquidity

PANews reported on December 25th that the Floki project plans to launch an exchange-traded product (ETP) based on its token FLOKI in Europe in the first quarter of 2025. Currently, the Floki development team is collaborating with an unnamed asset management company to develop the product and seeking approval from the Floki DAO community to allocate a portion of the 16 billion FLOKI tokens held in the vault wallet to provide early liquidity for the ETP. These tokens are worth about $2.8 million in total value, and if the proposal is approved, the liquidity will still belong to Floki and can be reclaimed based on third-party liquidity situations. Floki ETP will be listed on the Swiss Exchange (SIX Swiss Exchange), which is the third largest securities exchange in Europe, providing regulated FLOKI investment channels for institutional investors, regulated entities, and retail investors. If successful, FLOKI will become the second MemeToken to launch institutional-grade products in Europe after Dogecoin (DOGE). The DAO vote will end at 11:00 UTC on December 27th.