Floki is collaborating with an asset manager to launch an exchange-traded product (ETP) in the EU by early 2025, pending approval. This would make FLOKI the second meme coin with an institutional-grade investment product in Europe after Dogecoin. The Floki DAO community is voting on allocating liquidity from a treasury wallet containing 16 billion FLOKI, valued at over $2.8 million. The ETP is planned for listing on Switzerland’s SIX Swiss Exchange, offering regulated access to FLOKI. Earlier, Floki DAO invested $200,000 USDT in the CAT token, which surged over 250% but has since declined. The broader meme coin market has grown significantly in 2024, with FLOKI gaining approximately 375% this year. #Floki #MemeCoin #ETP #Crypto #Investment
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