In a unanimous decision, the Floki DAO approved a proposal to allocate a portion of its token supply as liquidity for an upcoming exchange-traded product (ETP). The move is a significant milestone for the meme coin, Floki, which is set to become one of the few cryptocurrencies to debut on a regulated stock exchange. 

Floki DAO members voted to allocate 16.3 billion tokens from a community buyback wallet. This fund will serve as liquidity for the Floki ETP. In its proposal, the DAO emphasized the importance of creating a regulated investment vehicle for Floki, one that can appeal to both institutional and retail investors seeking a reliable way to enter the crypto market. 

Floki ETP: A Game-Changer?

Floki’s ETP will be launched on Switzerland's SIX Swiss Exchange, Europe’s third-largest stock exchange, in the first quarter of 2025. This will make Floki the second meme coin, after Dogecoin, to be listed on a regulated exchange. The move is expected to provide a new, secure way for investors to gain exposure to Floki without directly holding the asset, similar to how exchange-traded funds (ETFs) work.

For Floki, this ETP is about more than just increasing market presence. It’s a strategic step toward proving the legitimacy of meme coins in the traditional finance market. 

A Floki spokesperson told BeinCrypto that the listing would not only bring more institutional investment but also push the coin closer to its goal of being "the world’s most known and most used cryptocurrency."

The Challenges of Launching a Meme Coin ETP

Launching a meme coin on a regulated exchange comes with its own set of challenges. The volatility typical of meme coins like Floki poses a risk to investors and to the product’s success. However, Floki has reportedly taken measures to manage these risks by partnering with a leading asset manager and an ETP issuer. These strategic alliances are designed to ensure the successful launch and ongoing stability of the Floki ETP.

Beyond the ETP, Floki has been gaining recognition in various sectors of the crypto and finance world. One notable achievement came in November when the U.S. Commodity Futures Trading Commission (CFTC) recognized Floki as a utility token during a Global Markets Advisory Committee meeting. 

Floki has also been expanding its ecosystem. In 2025, it plans to launch its NFT-based metaverse game, Valhalla, which will play a key role in further enhancing the token’s utility. In addition, the Floki team has launched the University of Floki, a new initiative aimed at educating the broader public about the cryptocurrency industry.

Another major development is the Floki Debit Card, which is now available across 31 European countries. The card, compatible with Visa and Mastercard, enables users to spend their crypto assets in everyday transactions, bridging the gap between crypto and traditional finance.