Valour Partners with GulfCap Investment Bank for Cross-Listing its Exchange Traded Products on the Nairobi Securities Exchange
Valour Inc., a leader in the realm of exchange-traded products (ETPs) offering simplified access to digital assets, is making a significant move to extend its reach into the African capital markets. By forging a strategic alliance with GulfCap Investment Bank (GCIB), Valour is setting the stage for cross-listing its diverse suite of digital asset ETPs on the Nairobi Securities Exchange (NSE).
The collaboration with GulfCap, a company licensed by Kenya’s Capital Markets Authority, signifies a pivotal advance in Valour’s goal of providing regulated access to digital assets, particularly in emerging markets. This move will allow Kenyan investors a local currency avenue to partake in Valour’s offerings, which are already trading on prominent European exchanges. These include Xetra in Germany, Spotlight in Sweden, as well as Euronext in Paris and Amsterdam.
As a Transaction Advisor, GCIB will spearhead essential facets of this venture—from regulatory coordination and due diligence to investor engagement and final execution in line with both the NSE and CMA frameworks. The appointment is a step forward to ensure a responsible adoption of digital assets within Kenya, aligning with the country’s regulatory landscape.
The initiative is further solidified by the joint commitment of both entities. Andrew Forson, President of DeFi Technologies and Chief Growth Officer of Valour, emphasized, “We are proud to partner with GulfCap Investment Bank for this important initiative. Their proven track record in cross-border capital markets transactions and deep local expertise makes them the ideal advisor as we enter the Kenyan market. This collaboration reflects our commitment to building strong, compliant, and long-term bridges between global investors and decentralized finance.”
This cross-listing effort is set to offer East African investors exposure to top digital assets through trusted and regulated investment vehicles. Saud Shabahl, Founder and CEO of GulfCap Investment Bank, echoed the excitement surrounding this initiative, poised to be instrumental in evolving Africa’s financial landscape. He stated, “Kenya is already one of Africa’s most active digital assets markets by adoption, and this initiative places us firmly at the intersection of capital markets evolution and fintech disruption.”
In essence, the listing is not merely considered a transactional event but rather a foundational move to a new chapter in the evolution of African market dynamics, with Kenya at the helm.
About GulfCap Investment Bank (GCIB)
GulfCap Investment Bank stands out as a licenced institution offering diverse advisory, asset management, and capital market services across East Africa and the Gulf. Notably, GCIB boasts a transaction history worth over US$1 billion, highlighting their acumen in corporate finance, IPO advisory, and strategic market expansion. Their involvement as a transaction advisor to Valour marks yet another milestone in their expanse of strategic partnerships.
About DeFi Technologies
DeFi Technologies Inc. operates at the crossroads of traditional capital markets and decentralized finance. It serves as a vital bridge, offering equity investors varied exposure to the burgeoning decentralized economy. Notably, the company’s operation encompasses Valour’s suite of digital asset ETPs, providing innovative financial market access solutions.
The impacts of this partnership could resonate beyond localized markets, reflecting a back-end leadership role in fostering institutional pathways towards the future of finance. By anchoring regulatory compliance with innovative financial solutions, DeFi Technologies and its subsidiarity Valour, are redefining how investors access and engage with digital assets across varying economic landscapes.
This undertaking poised for the Nairobi Securities Exchange exemplifies both a test and a testament to regulated cross-market cryptocurrency investments—a significant landmark in both the technological evolution and market engagement of digital assets globally.
