Valour Inc. Expands Digital Asset ETPs to Kenya's NSE in Q3 2025
Valour Inc., a subsidiary of DeFi Technologies, is set to expand its digital asset offerings into Kenya. Pending approval, its suite of over 65 fully hedged digital asset ETPs will trade in Kenyan Shillings on the Nairobi Securities Exchange (NSE).
The cross-listing, advised by GulfCap Investment Bank, is expected to launch before the end of Q3 2025. This follows the NSE's April 2025 announcement to establish a digital assets exchange and tokenization platform. Valour's ETPs are slated to be among the first listings.
GulfCap will oversee the listing process, ensuring compliance with Capital Markets Authority (CMA) and NSE regulations. Andrew Forson, President of DeFi Technologies and Chief Growth Officer of Valour, praised GulfCap's expertise and track record. This partnership aligns with Valour's mission to broaden regulated digital asset access in emerging markets.
The initiative began in August 2024 when Valour signed a memorandum of understanding with the NSE and SovFi. Saud Shahbal, GulfCap Founder and CEO, highlighted Kenya's active digital asset market and the bank's commitment to advancing financial inclusion.
With GulfCap's support, Valour's digital asset ETPs are poised to enter the Kenyan market, offering local investors access to these products in their national currency. This move signifies a significant step in Valour's expansion strategy and Kenya's growing digital asset landscape.
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