Floki, a meme-turned-utility project, is on track to launch an exchange-traded product (ETP) in Europe by early Q1 2025. If approved, FLOKI would be the second meme token after Dogecoin (DOGE) to have an institutional product in Europe. The developers are seeking approval from the Floki DAO community to allocate part of the FLOKI required for the ETP from a treasury wallet holding 16 billion tokens, worth over $2.8 million at current prices. This proposal, if passed, would provide early liquidity for the ETP while keeping the tokens as Floki’s property. The ETP will be tradable on the SIX Swiss Exchange, allowing institutional and retail investors to gain exposure to FLOKI in a regulated manner. The vote on this proposal ends at 11:00 UTC on December 27.
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