Valour Launches Europe’s First SEK-Denominated PI Token ETP in Sweden - Institutional Gateway Opens
Sweden just became the testing ground for PI token's mainstream financial adoption. Valour's groundbreaking SEK-denominated ETP throws open the doors for Scandinavian investors to access the once-mobile-mined asset through traditional exchange channels.
The Regulatory Green Light
Sweden's progressive stance on digital assets continues paying dividends. By hosting Europe's first PI-focused exchange-traded product, the Nordic nation reinforces its position as a crypto-forward jurisdiction—while the rest of Europe remains tangled in regulatory debates.
Institutional-Grade Access
No more wrestling with obscure wallets or questionable exchanges. This ETP wraps PI token in a familiar, regulated package that traditional finance players actually understand. Because nothing makes institutional money more comfortable than putting crypto inside something that looks like traditional finance.
Scandinavian Crypto Dominance
While other regions debate blanket bans, Sweden keeps building. This move isn't just about PI—it's another strategic chess move in Scandinavia's quiet campaign to become Europe's digital asset hub. The Nordics understand: if you can't beat decentralized innovation, just package it neatly and sell it back to everyone.
New ETP listing could boost PI Price
The launch of PI ETP not only represents a milestone for PI Network but also highlights how the project continues to gain adoption despite multiple controversies around it. The listing could not have come at a better time for PI, which has been down significantly over the past few months despite the resurgence in the crypto sector.
According to CoinMarketCap, Pi has declined by more than 50% over the past three months, with a 22.93% drop in the last 30 days alone. However, it has seen a slight gain over the last 24 hours, hinting at the possibility that the recent development could be a positive catalyst for its price performance.
Unsurprisingly, token holders have been ecstatic about the development, which they consider a positive sign for the project that has faced a lot of controversy over the last few years. Once hyped as a landmark blockchain project, delays in launching its open mainnet and other issues have led many to lose faith in the project, with Bybit CEO even describing it as a scam.
The criticisms, coupled with the failure of major exchanges such as Binance to list the token, have caused its price to drop from the all-time high of $2.981 in February 2025 to $0.3427 presently. Still, the news of an ETP for the token could start a resurgence for the PI token.
Crypto market sees resurgence after recent flash crash
Meanwhile, PI’s slight gains pale compared to the broader crypto market performance over the last 24 hours. The crypto market led by SOL has seen a sizable jump in value within that period, reversing the decline that led to Bitcoin falling below $110,ooo for the first time since July 9.
Solana was the biggest major cap performer in that period, with over 8% gain to retest the $210 price point again. Other major cap tokens such as Bitcoin, Ethereum, BNB, DOGE, and Caradano also saw varying levels of increase in value during that period.
Interestingly, other tokens that Valour launched ETPs for today are performing better than PI. Celestia TIA is up 3.24%, Mantle MNT gained 4%, Ondo Finance ONDO rose 2.78%, SHIB jumped 2.10%, VeChain VET increased 2.34% while Ethena ENA saw less than 1%.
Cronos CRO has been the best performer with a 33% mostly due to news that TRUMP Media will launch a crypto treasury firm to acquire CRO in partnership with Crypto.com.
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