- Valour collaborated with SEBA Bank and MVIS to launch an investable index for tokens building for the Metaverse, SVMETA.
- The SEBA VALOUR Metaverse Index counts currently 3 components. Enjin Coin, Decentraland, and The Sandbox
- The SEBA VALOUR Metaverse Index is currently available for trading OTC.
TORONTO, June 7, 2022 /PRNewswire/ – Valour Inc. (the “Company” or “Valour“) (NEO: DEFI) (GR: RMJR) (OTCQB: DEFTF), a technology company bridging the gap between traditional capital markets and decentralised finance, announced today that the SEBA VALOUR Metaverse Index (SVMETA) is available for trading OTC. Valour collaborated with SEBA Bank and MVIS to launch an investable index for tokens building for the Metaverse, SVMETA.
The SVMETA index (ISIN DE000SL0F989) is an investable index for tokens building for the Metaverse that provides exposure to crypto assets related to gaming, entertainment and social interactions within the virtual and augmented reality world. SVMETA constituent weights are proportional to their market capitalizations. The selection of the constituents is monitored on an ongoing basis.
The SEBA VALOUR Metaverse Index counts currently 3 components. The full list of the components with the respective weights (as of latest close) is available below.
The Sandbox 41.83%
Enjin Coin 19.08%
“We are happy to announce the second phase of our Metaverse Index – the launch of OTC trading,” said Tommy Fransson, CEO at Valour Asset Management. “With this, we give investors the possibility to get exposure to the index consisting of Enjin, Decentraland and Sandbox. We will continue to drive product development and support client demand with bridging the gap between traditional capital markets and investments in digital assets.”
SVMETA is a rules-based index that covers the CCCAGG pricing and is calculated in USD as a price index. The index is reviewed on a monthly basis. Detailed information about the index, including methodology details and index data, is available at [LINK].
With this latest development, DeFi Technologies is further advancing its mission of integrating the foundational assets of the new digital economy into legacy financial institutions. Through Valour, DeFi Technologies offers 27 unique ETPs based on 8 of the highest performing DeFi tokens. These ETPs include Bitcoin Zero and Ethereum Zero, the only zero-fee synthetic crypto ETPs currently traded in Europe. Learn more Valour at valour.com.