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Valour Inc, DeFi Europe
Switzerland’s Valour Inc, which issues exchange-listed financial products accessing areas such as digital assets, has been approved for membership of the Financial Services Standards Association (VQF). The green light allows Valour, via its DeFi Europe business, to operate as a broker for digital assets.

Valour’s membership of VQF is being handled via DeFi Europe, its Switzerland-based entity.

VQF is a self-regulatory association for the financial industry in Switzerland which is supervised by Swiss regulator FINMA (pictured).

The membership provides a regulatory stamp of approval for Valour’s status as an issuer of digital assets. Valour will be the first and only ETP issuer with admission to the VQF association, it said. 

“We see a tremendous amount of development across the broker landscape with continued adoption and demand for ETPs and digital assets,” Tommy Fransson, CEO of Valour, said. “In addition to ETPs, the most innovative brokers are searching for the possibility to offer crypto directly to their clients.”