Valour Launches Regulated Zcash ETP on Swedish Stock Market

DeFi Technologies Inc., a publicly traded financial technology company, has launched its Valour ZCash SEK ETP on Sweden's Spotlight Stock Market. This development is part of DeFi Technologies' expansion of its Valour ETPs in Europe.

The new product allows European investors to gain exposure to the private token Zcash (ZEC) through a regulated investment vehicle, with a 1.9% management fee.

This move comes as 21Shares recently launched Europe's first physically backed Zcash ETP on both Euronext Paris and Amsterdam.

The Grayscale ZCash ETF (ZCSH) has also reached $1 billion in assets under management, further demonstrating the growing interest in ZEC.