The proposal passed on Dec. 27 without a single opposing vote - a first for the Floki DAO - highlighting the community's overwhelming support for expanding Floki's presence in traditional financial markets.
With the Floki DAO voting overwhelmingly in favor of the proposal to provide liquidity for the Floki ETP, Floki is on track to become the only memecoin besides Dogecoin with an ETP on a regulated stock exchange.
By establishing the ETP, Floki aims to bridge the gap between crypto and traditional markets, providing institutional and retail investors with a secure, regulated avenue to access, buy, and hold FLOKI.
The Floki ETP is set to go live on the SIX Swiss Exchange in the first quarter of 2025, reinforcing Floki's growing integration into the traditional finance ecosystem.
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