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Floki DAO has unanimously approved funding for a European-traded product (ETP), set to launch in the first quarter of 2025. The proposal includes allocating 16.3 billion tokens from its community buyback wallet as liquidity for the ETP, which will be listed on Switzerland’s SIX Swiss Exchange. This initiative marks a strategic move for Floki into traditional finance, positioning it as the second meme coin to debut on a regulated stock exchange after Dogecoin. The approval reflects a broader trend of legitimizing memecoins within institutional finance, aiming to attract traditional investors in the European market.
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ARTICLE: Floki DAO has approved a proposal to fund the launch of a Floki ETP on Switzerland’s SIX Swiss Exchange using 16.3B community tokens. After Dogecoin, Floki will become the second meme coin listed on a regulated stock exchange. More details: ↓ https://t.co/n9RmmHsJ4D
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