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DeFi Technologies and Valour Collaborate with Core Foundation to Launch Innovative Bitcoin ETPs

DeFi Technologies Inc. and Valour have teamed up with the Core Foundation to introduce pioneering Exchange Traded Products (ETPs). These consist of a pioneering Yield Bearing BTC ETP and a novel Core ETP, harnessing the distinctive blockchain features of the Core Chain.

Illustration of Bitcoin representing the innovative Bitcoin ETPs by DeFi Technologies and Valour.
Source: Coinbackyard

Key Takeaways

  • Introduction of Innovative ETPs: The collaboration aims to develop ETPs using Core Chain’s capabilities. These include a first-of-its-kind Yield Bearing BTC ETP and a novel Core ETP. These products aim to redefine Bitcoin’s utility as an investment opportunity within the digital asset ecosystem. They offer native yield through non-custodial BTC staking.
  • Yield Opportunities Through BTC: The Yield Bearing BTC ETP marks a significant milestone. It enables yield directly from Core Chain’s block rewards. This initiative transforms the previously passive BTC asset into a productive and yield-bearing investment without leaving the Bitcoin Network.
  • Enhancing Investor Returns: The Core ETP is designed to provide investors with yield-bearing opportunities through Core Chain’s native staking rewards. This widens investor access to Core’s innovative staking mechanisms, enhancing potential returns.
  • Valour’s Role and Commitment: Valour will manage a validator node on the Core Blockchain. This will bolster network security and efficiency while earning validator commissions. Additionally, Valour plans to stake $100 million in BTC with Core Chain through the BTC staking product. This underscores its commitment to integrating traditional finance with blockchain innovation.

What Are Key People Saying?

  • Olivier Roussy Newton, CEO of DeFi Technologies, emphasized the merging of traditional finance and decentralized finance, stating that their collaboration with the Core Foundation and the launch of innovative ETPs demonstrate their commitment to leading this evolution.
  • Brendon Sedo, a Contributor at Core Foundation, highlighted the significance of the collaboration, noting that it signifies Bitcoin’s ecosystem growth and the potential of BTC as a yield-bearing asset. He expressed pride in Core Foundation being the first and most reliable ecosystem to support these new offerings, emphasizing Core Chain’s alignment with Bitcoin.

Core Chain

The Core blockchain network is a Bitcoin-powered layer-one blockchain for EVM- Compatible smart contracts. With 50% of Bitcoin mining hash power contributing to Core’s security, Core Chain is the most Bitcoin-aligned EVM blockchain, offering Bitcoin staking and more.

DeFi Technologies

DeFi Technologies Inc. pioneers the convergence of traditional capital markets with decentralized finance (DeFi), providing widespread investor access to the future of finance.


Valour offers exchange traded products (ETPs) that provide both retail and institutional investors with a convenient and secure means to access digital assets such as Bitcoin directly through their conventional bank accounts. It offers a range of digital asset ETPs with low to zero management fees, including Bitcoin Zero and Ethereum Zero.

April 24, 2024 at 5:00 pm

Updated April 24, 2024 at 5:00 pm


Remember, investing in cryptocurrencies involves risks, and it’s important to conduct thorough research and seek professional advice before making any financial decisions. (Please keep in mind that this post is solely for informative purposes and should not be construed as financial or investment advice.)


Bitcoin Exchange Traded Products (ETPs) are investment vehicles that track the performance of Bitcoin and provide investors with exposure to Bitcoin's price changes without the need to directly hold the cryptocurrency.

The newly launched Bitcoin ETPs by DeFi Technologies and Valour offer unique features like yield-bearing capabilities through non-custodial BTC staking, leveraging the innovative Core Chain blockchain.

Core Foundation supports the Bitcoin ETPs by providing a robust blockchain platform, Core Chain, which enables enhanced security and yield opportunities through its native staking rewards.

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