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Virtune Partners with Polkadot to Boost Staked ETP in Nordics

Virtune collaborates with Polkadot to enhance awareness and adoption of its Staked Polkadot ETP across the Nordic region, focusing on bridging knowledge gaps in blockchain technology and investment opportunities.
Published on 2024-10-16

Virtune Enhances Polkadot ETP Awareness

Swedish digital asset manager Virtune has partnered with Polkadot Network to promote its Staked Polkadot Exchange-Traded Product (ETP) in the Nordic region. This collaboration aims to elevate awareness about Virtune's ETP, which provides regulated access to Polkadot (DOT) and was listed on Nasdaq Stockholm in January 2024.

Investment Opportunities with Staked Polkadot ETP

The Virtune Staked Polkadot ETP offers investors a 1:1 exposure to Polkadot, with additional staking rewards offering a 4% annual yield before fees. This product is available to both institutional and retail investors in Sweden, Finland, Norway, and Denmark, making it a versatile option for a broad audience.

Bridging the Knowledge Gap

The partnership will leverage a marketing campaign designed to bridge the knowledge gap regarding Polkadot's blockchain technology. The campaign will include educational content and advertisements, focusing on Polkadot’s advancements in decentralized finance, gaming, real-world assets, and artificial intelligence.

Secure and Accessible Investment

Backed by Coinbase Custody, Virtune’s ETP ensures security by enabling staking directly from cold storage, with DOT tokens securely stored. The product is accessible through platforms like Avanza and Nordnet, offering investors liquidity without lock-up periods.

OpenGov and Community Involvement

Polkadot's OpenGov system, which funds ecosystem development through community-approved proposals, supported this collaboration. This decentralized governance model allows DOT holders full control, enhancing the network's democratic nature and attracting new investors to the blockchain's growing ecosystem.

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