Trading in tracker certificates for Bittensor (TAO) started on Spotlight Stock Market
Today, October 30th 2024, trading in tracker certificates for Bittensor (TAO) started on Spotlight Stock Market. The instrument is issued by Valour Inc, who already has 23 other ETP:s traded on Spotlight.
Bittensor is a decentralized AI network, utilizing blockchain technology to foster open collaboration in artificial intelligence. The network’s native token, TAO, is used for rewards and transactions between contributors. TAO is issued as a reward based on the relevance and performance of the contributors’ AI models and not purely on computational power.
”Our collaboration with Valour continues to expand rapidly and our supply of high class instrument grows ever larger. In less than half a year, we have created an extensive, entirely new ETP segment together on Spotlight Stock Market and observe how the interest in these instruments keeps growing”, Anders Kumlin, CEO of Spotlight Stock Market, says.
ETP (Exchange-Traded Products) is a collective name for securitized derivatives listed for trade on a marketplace. On June 28, 2024, Spotlight Stock Market started trade in ETP:s with the two first instruments being tracker certificates for Core (CORE) and HBAR (Hedera) issued by Valour. Since then, Valour has issued further instruments on Spotlight and on October 21st, 2024, changed its listings of all its ETP:s from NGM to Spotlight. In total, Valour now has 24 different instruments listed for trade on Spotlight.
For further information about Spotlight Stock Market please contact:
Anders Kumlin
CEO Spotlight Stock Market
E-mail: ak@spotlightstockmarket.com
Tel: +46 8 511 68 000
For more information please visit: www.spotlightstockmarket.com
About Spotlight
Spotlight Stock Market is a market place that wants to make it easier, safer and more visible for growth companies to become and be listed. The company also offers investors the opportunity to become shareholders in growth companies in an easier and safer way. At Spotlight Stock Market there are more than 140 listed growth companies from different industries. Spotlight Stock Market was founded 1997, have 20 employees and head office in Stockholm. Read more at www.spotlightstockmarket.com