- Valour listed a SEK-denominated Pi ETP on Sweden’s Spotlight Stock Market on 27 August 2025.
- The product charges a 1.9% management fee and tracks PI with assets held by licensed custodians.
Valour Inc, a subsidiary of DeFi Technologies, has launched Europe’s first exchange traded product referencing Pi Network, adding a SEK-denominated certificate to Sweden’s Spotlight Stock Market under the label VALOUR PI SEK.
Valour lists SEK-denominated Pi ETP on Sweden’s Spotlight Stock Market
The ETP carries ISIN CH1108681540 and is open ended. It is priced in Swedish kronor and is intended to mirror the value of the PI token, the native asset of the Pi Network.
The listing on Spotlight Stock Market went live on 27 August 2025, with the product displayed on Valour’s site alongside broker access via Avanza and Nordnet.
Valour discloses a 1.9 percent management fee for the product. The firm states that its certificates are fully hedged with underlying digital assets and that custody is arranged through tier one licensed providers such as Copper.
The prospectus base is approved by the Swedish Financial Supervisory Authority, aligning the structure with EU requirements for completeness, clarity and consistency.
Pi Network is described by the issuer as a blockchain that opened its mainnet in February 2025, following a mobile mining phase that aimed to broaden participation in digital asset networks. The product page lists the underlying as Pi, with current indicative pricing and exchange rate inputs shown in SEK.
Valour surpasses US$1 billion AUM as product roster expands in 2025
The launch comes as Valour reports assets under management at or above the US$1 billion threshold during July 2025, supported by net inflows and the rising market value of supported assets across its ETP range.
Company statements in July and early August detail AUM around US$1.0 billion and US$947 million respectively, underscoring scale for new single-asset listings such as PI.
Valour’s approach uses listed certificates to provide brokerage-account access to crypto exposures without direct wallet management by investors. The Pi instrument follows prior single-asset products and extends coverage to a network with a large user base.
What Valour @ValourFunds Could Mean for Pi Network ?
Valour offers more than 85 cryptocurrency-backed Exchange-Traded Products (ETPs) across major European exchanges. As a regulated investment platform, it provides simple and secure access to digital assets through familiar… https://t.co/BR3A7ngIxl pic.twitter.com/p38zIycE8l
— Dr Altcoin (@Dr_Picoin) August 27, 2025
For investors in Sweden and across Europe who route orders through Spotlight-connected brokers, the ETP offers an exchange-traded route to PI price movements within a regulated venue framework.
Key product details disclosed by the issuer include the ticker reference VALOUR PI SEK, base currency SEK, and availability on mainstream Swedish retail platforms.
The documentation set comprises a factsheet, key information document and final terms, each linked from the issuer’s product page. Investors should review fee schedules and issuer terms and consider how SEK pricing, tracking methodology and custody arrangements affect exposure.
Today’s listing reinforces a pattern of crypto ETP issuance in Nordic markets where issuers have used regulated exchanges and multilateral trading facilities to distribute single-asset exposure.
With the PI certificate now live, additional secondary-market data such as spreads, volumes and indicative net asset value can be tracked through brokerage portals and the exchange once trading history develops.
At the time of press, Pi Network was trading at $0.35360, up +4.00 % in the last 24 hours, with a daily high of $0.35670 and a low of $0.33890.
