Deutsche Digital Assets and Safello to List Staked Bittensor ETP on SIX Swiss Exchange

Why It Matters

The listing provides institutional‑grade, regulated access to a decentralized AI crypto asset, widening investor participation and legitimizing the convergence of AI and blockchain. It also highlights the growing acceptance of crypto‑linked exchange‑traded products on major European exchanges.

Summary

Deutsche Digital Assets and Nasdaq‑Nordic broker Safello will list the Safello Bittensor Staked TAO ETP (ticker STAO) on the SIX Swiss Exchange within weeks. The exchange‑traded product gives investors regulated exposure to Bittensor’s TAO token, combines price appreciation with automatically reinvested staking rewards, and is physically backed by TAO held in cold storage with a maximum fee of 1.49%. It tracks the Kaiko Safello Staked Bittensor Index and follows Archax’s recent acquisition of Deutsche Digital Assets, underscoring the expansion of crypto‑ETPs in Europe.