Valour Uniswap exchange-traded product to increase UNI exposure

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:

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 :)

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.