Floki DAO is proposing a new exchange-traded product (ETP) for its FLOKI token, aiming for a launch in early 2025. This ETP would mark a significant development for Floki, positioning it as the second meme token to have an institutional product in Europe, following Dogecoin (DOGE). The proposal calls for allocating part of the required FLOKI from a treasury wallet containing 16 billion tokens. If the Floki DAO community approves this proposal during the 48-hour voting period ending on December 27, the FLOKI tokens would ensure liquidity for the ETP, while still remaining under Floki's control. The ETP is set to be tradable on the SIX Swiss Exchange in Switzerland, allowing institutional and retail investors to gain exposure to FLOKI. The project developers, in collaboration with a respected asset manager, have been working on this initiative for several months, yet details such as pricing and fund structure are under non-disclosure agreements. As of now, FLOKI has seen a slight increase in value, aligning with the broader cryptocurrency market trends.

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