Cryptocurrency ETP issuer Valour includes TON and SHIB in its VDAB10 ETP
ChainCatcher news, decentralized finance company DeFi Technologies' subsidiary Valour announced that it will include Toncoin and Shiba Inu in the euro and Swedish krona baskets of its digital asset ETP product Valour Digital Asset Basket 10 (VDAB10), effective April 30.VDAB10 tracks the performance of the top ten digital assets by market capitalization, with a single asset weight cap of 30%. This adjustment reflects changes in the top ten assets by market capitalization, ensuring that VDAB10 continues to accurately represent the current composition of the digital asset market.The adjusted asset weights are: Bitcoin 30%, Ethereum 30%, BNB 12.92%, Solana 9.85%, XRP 4.28%, Doge 3.28%, Toncoin 2.82%, Cardano 2.54%, Shiba Inu 2.25%, Avax 2.06%.Due to their current market capitalization rankings no longer being in the top ten, Polkadot and Tron have been automatically removed from the basket. This is part of Valour's rules-based approach to ensure that VDAB10 consistently passively and accurately reflects the top digital assets.