Valour Inc., a subsidiary of DeFi Technologies (NASDAQ: DEFT), has been officially approved by the UK Financial Conduct Authority (FCA) to offer yield-bearing cryptocurrency ETP products to retail investors in the United Kingdom. With this decision, Valour officially launches asset-backed staking ETPs on the London Stock Exchange (LSE).
This move marks a significant milestone following the FCA’s removal of the long-standing ban on retail cryptocurrency derivatives in October 2025. The two flagship products are 1Valour Bitcoin Physical Staking and 1Valour Ethereum Physical Staking, allowing investors to receive blockchain validation rewards directly into their traditional brokerage accounts.
Unlike traditional ETFs, the staking yield is directly integrated into the net asset value (NAV) of the ETP, helping investors avoid managing private keys or complex validation nodes. DeFi Technologies is taking advantage of the favorable timing as the UK is expected to classify cryptocurrency ETPs as eligible for the Innovative Finance ISA starting from April 2026. DEFT shares are currently trading around $0.87, down 1.66%.