In an exciting development for the cryptocurrency landscape, Deutsche Digital Assets (DDA) has formed a strategic partnership with Safello, a leading Nordic cryptocurrency exchange. Together, they are set to introduce the Safello Bittensor Staked TAO exchange-traded product (ETP) to the financial market. This innovative product will leverage DDA’s advanced white-label ETP platform and is poised to begin trading on the SIX Swiss Exchange under the ticker symbol STAO. But what makes this launch particularly intriguing? It opens up a regulated gateway for investors to gain exposure to Bittensor (TAO), an emerging blockchain network that synergizes decentralized artificial intelligence (AI) with open-source machine learning.
The Safello Bittensor Staked TAO ETP presents investors with a streamlined and compliant structure to diversify their portfolios. Each unit of STAO is backed 100% by physically held TAO tokens, securely stored in cold custody with a regulated crypto custodian. This not only ensures safety but also reinforces trust, crucial for attracting institutional investors looking for transparency in the evolving world of digital assets.
🇨🇭JUST IN: Deutsche Digital Assets & Safello to list a staked Bittensor $TAO ETP on the Swiss Exchange. pic.twitter.com/UPFJpRJg4Y— Coin Bureau (@coinbureau) October 29, 2025
What about returns? The Safello Bittensor Staked TAO ETP is designed as a total return product that tracks the Kaiko Safello Staked Bittensor Index (KSSTAO Index) and carries a maximum management fee of 1.49%. In addition to direct exposure to TAO’s price movements, STAO offers holders the intriguing prospect of staking rewards. These rewards, which accumulate within the product’s net asset value (NAV), can be reinvested, providing a compounding effect for investors. “The launch of the Safello Bittensor Staked TAO ETP underlines our conviction in decentralized AI,” said Emelie Moritz, CEO of Safello. This reflects a growing consensus that decentralized technology, particularly AI, is at the forefront of revolutionizing value creation.
As Europe continues to evolve its cryptocurrency investment landscape, Deutsche Digital Assets is paving the way with its robust white-label ETP platform, enabling Safello to utilize DDA’s regulatory expertise, index management, and exchange listing capabilities. “Launching the Safello Bittensor Staked TAO ETP illustrates our commitment to making innovative crypto strategies accessible and compliant,” mentioned Maximilian Lautenschläger, DDA’s CEO and founder. This partnership not only gives Safello access to cutting-edge technology but also ensures adherence to regulatory standards, a critical factor for institutional investors.
The debut of STAO marks a pivotal moment in the intersection of decentralized finance (DeFi), artificial intelligence, and traditional finance. The ETP epitomizes a growing investor appetite for AI-integrated blockchain solutions, all packaged within the security of regulated markets. As Web3 technology evolves, offerings like STAO could well usher in a new era of investment opportunities that blend compliance with the innovative spirit of cryptocurrency.
In case you’re wondering about the current performance of TAO, the Bittensor token has seen a remarkable surge of 42.35% in October alone, now trading at around $427.59, as reported by CoinMarketCap. The rapid ascent of TAO is a testament to the strong investor interest in projects that intelligently merge AI with blockchain technology. Its current market capitalization sits at a hefty $4.35 billion, with a fully diluted valuation of $8.97 billion, marking Bittensor among the top 30 crypto assets globally. Recently, trading volume has reached $408 million in just 24 hours, indicating robust liquidity and continued participation from investors despite the broader market’s fluctuations.
Image depicting the launch announcement of the Safello Bittensor Staked TAO ETP.
As we look ahead, the Safello Bittensor Staked TAO ETP could set a precedent for how digital assets are integrated into traditional financial frameworks, paving the way for mainstream investment in decentralized technologies. Would you be ready to embark on this investment journey, exploring the possibilities that decentralized AI and cryptocurrencies present? The stage is set, and the future looks promising!
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