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The first ever physically backed $TAO ETP is now available for trading after being LISTED at 9 am CET this morning in Zürich!! 💥🇨🇭
Safello Bittensor Staked TAO ETP (STAO)
ISIN: DE000A4APQY4
Emelie Moritz
522 posts
Emelie Moritz
@MLImoritz
Joined January 2022
- Safello brings $TAO to Europe 🚀 Today we announced our plans to increase accessibility to TAO investments by listing TAO backed exchange traded products (ETP) across five exchanges in Europe. This opens up for non crypto native investors and institutions who wish to get
- Today, @SafelloAB sold the last of its ETH holdings (75 ETH) and bought another 447 $TAO The strategic crypto reserve allocation: 8 $BTC 1145 $TAO
- Big milestone 🧨 The staked $TAO ETP is now issued!!! Listing is planned for 19th of November on SIX Swiss Exchange in Zürich. The hurdles to invest and stake TAO will be significantly lowered, globally, opening up for investment for non crypto native investors, and
- $TAO is similar to BTC, except that it actually produces something valuable for humanity.
- Buying the dip. Another 294 $TAO added to @SafelloAB strategic crypto reserve. Total reserve: 5 BTC 1,965 TAO
- Safello reallocates treasury from Bitcoin to TAO. This move marks Safello’s first material investment in decentralized AI infrastructure. TAO will, from now on, serve as a long-term strategic treasury reserve asset, held alongside BTC.
- Yesterday, @SafelloAB made its second investment in $TAO for our strategic crypto reserve, in line with our DCA strategy. The investment was financed by 1 BTC. Safello now holds a total of 469 $TAO. The strategic crypto reserve now consists of: - 469 TAO - 113 ETH - 8 BTC
- Today, Safello makes its sixth reallocation to $TAO from BTC in its strategic crypto reserve. Safello shareholder @DCGco with @BarrySilbert at a fireside chat about TAO at @proofoftalk in Paris.
- This is starting to get predictable! Increasing TAO treasury for @SafelloAB
- Safello now stakes its strategic TAO treasury with @yuma. Soon we will open up for non crypto native retail investors to access Yuma's staking indirectly via our physically backed $TAO ETPs. Work in progress ⏳ Stay tuned.🔥 @SafelloAB x Yuma Treasury assets in $TAO are now fueling the growth and sustainability of the Bittensor ecosystem
- Big reveal tomorrow! 🚀 For all of our friends in $TAO and the Bittensor ecosystem, join us for the Safello Labs Launch Party! Big news from Safello Labs, a great line up and good vibes 🎶 See you there!🎉 It's party time! 🎉 Safello Labs is going LIVE on X this Tuesday, 2 Sept at 17:00 CEST 🚀 Join our launch party and be the first to witness the big reveal. 👉 Don't miss it – tune in & celebrate with us!
