In a significant development for digital asset accessibility, Safello Group AB has partnered with Deutsche Bank to launch the first exchange-traded product (ETP) tracking Bittensor’s TAO token on the SIX Swiss Exchange. This landmark offering marks a strategic expansion of institutional-grade crypto investment vehicles in European markets, providing regulated exposure to decentralized machine learning protocols.
The TAO ETP launch coincides with accelerating global adoption of cryptocurrency investment products. Recent weeks have witnessed multiple digital asset fund introductions across major financial hubs, including Solana, Litecoin, and Hedera Hashgraph-based offerings in both United States and Hong Kong markets. These developments signal growing institutional confidence in blockchain-based assets and their underlying technologies.
Market analysts observe that this proliferation of specialized crypto ETPs reflects maturing investor appetite for diversified digital exposure beyond flagship cryptocurrencies. The SIX Swiss Exchange continues to strengthen its position as a European hub for regulated digital asset products, with the TAO ETP representing another milestone in bridging traditional finance with innovative blockchain ecosystems. This trend underscores financial institutions’ increasing sophistication in catering to demand for tokenized assets while maintaining regulatory compliance standards.
