The Floki DAO has made a bold move, voting overwhelmingly to allocate liquidity for the launch of a Floki Exchange-Traded Product (ETP).

The proposal sailed through on Dec. 27 with unanimous backing – a groundbreaking moment for the Floki DAO – underscoring the community’s robust enthusiasm for enhancing Floki’s footprint in traditional financial markets.

The upcoming vote will allocate a substantial 16,310,285,772.6 FLOKI tokens from the community buyback wallet to enhance liquidity for the ETP, with the balance of tokens set for permanent burn.

The Floki ETP is poised to launch on the SIX Swiss Exchange in Q1 2025.