Safello has expanded its regulated cryptocurrency choices by cross-listing the Bittensor Staked $TAO Alternate-Traded Product (ETP) on Nasdaq Stockholm to extend Nordic investor entry.
Safello, the Nordic crypto trade, declares the cross-listing of the Safello Bittensor Staked $TAO ETP (STAO) on Nasdaq Stockholm as of 19 March 2026. Beforehand unique to the SIX Swiss Alternate, the product is now accessible for buying and selling in Swedish kronor. This milestone follows a partnership with DDA ETP AG to offer regulated publicity to the Bittensor ($TAO) community inside the Swedish jurisdiction.
The 100% bodily backed ETP provides direct value publicity and robotically reinvests on-chain staking rewards into its web asset worth. This monetary instrument serves Safello’s base of over 423,000 customers and maintains a aggressive administration charge of 1.49%. As a crypto-asset service supplier approved beneath Markets in Crypto-Property (MiCA), Safello will obtain a income share primarily based on belongings beneath administration.
“This cross-listing on Nasdaq Stockholm takes the $TAO ETP to Safello’s dwelling markets the place retail clients and institutional buyers can allocate capital,” says Safello co-founder and CEO Frank Schuil. Dominik Poiger, Head of Product Administration at DDA, provides that the itemizing captures the distinctive convergence of decentralized synthetic intelligence and blockchain inside a regulated wrapper.
🧭 FAQs
• The place can buyers commerce the STAO ETP in Sweden? Native buyers can commerce the product in Swedish kronor on the Nasdaq Stockholm trade.
• What’s the administration charge for this crypto ETP? The product maintains a administration charge of 1.49 % for all regional buyers.
• Is Safello approved to function beneath European laws? Safello is a certified crypto-asset service supplier beneath the Markets in Crypto-Property framework.
• What number of customers does Safello presently serve within the Nordics? The trade presently serves a rising base of over 423,000 customers throughout the area.
