New Plan For Floki Inu Meme Coin, Ready To Launch ETP On Swiss Stock Exchange

JAKARTA - The project behind the dog-themed meme asset, Floki Inu (FLOKI), recently announced an ambitious plan to launch a FLOKI-based exchange-trained product (ETP) on the Swiss stock exchange, SIX Swiss Exchange, in the first quarter of 2025.

The move comes after months of cooperation with well-known asset managers, aiming to provide Europe's investors with a wider investment opportunity in the crypto market.

For information only, ETP is a product that allows investors to get exposure to certain assets without having to buy these assets directly. In this case, investors will be able to invest in FLOKI through ETP products listed on leading exchanges without having to buy tokens directly.

With this effort, Floki hopes to reach institutional investors, registered entities, and retail investors in a regular and supervised manner.

In a proposal shared by the Floki team through social media platform X, they explained that this Floki ETP product has entered its advanced stage and is expected to be available to investors soon.

Floki will be the second coin meme after Dogecoin, which has an ETP listed on the exchange, made it a major breakthrough in the crypto world. Currently, Dogecoin is the only coin meme that already has an ETP.

In addition, the Floki team also plans to burn existing FLOKI tokens and provide liquidity for these ETP products. In the proposal, they stated that they will use part of the 16,310,285,772.6 FLOKI tokens owned to support the liquidity of this ETP, while the rest will be burned on the launch day of the ETP.

The price of FLOKI at the time of writing is at $ 0.00.000177. This project is expected to have a positive impact on the value and use of FLOKI in the global market, as well as open up new opportunities for investors who want to engage in the crypto world in a safer and more structured way.