NAIROBI, Kenya, May 26 – Canadian fintech firm Valour Inc. has appointed GulfCap Investment Bank as its transaction advisor for the planned cross-listing of its exchange traded products (ETPs) on the Nairobi Securities Exchange (NSE).
The move signals the growing intersection between traditional capital markets and digital asset investment in East Africa.
Pending regulatory approval from the Capital Markets Authority (CMA), the cross-listing will allow Valour’s ETPs to be traded in Kenyan shillings on the NSE, expanding access to digital asset investments through regulated financial instruments.
Valour, a subsidiary of DeFi Technologies Inc., already manages a portfolio of over 65 fully hedged digital asset ETPs listed on major European exchanges, including Germany’s Xetra, Sweden’s Spotlight, and Euronext in Paris and Amsterdam. The company aims to replicate this model in emerging markets by leveraging local partnerships and regulatory frameworks.
GulfCap Investment Bank, licensed by the CMA, will oversee the transaction process, covering due diligence, regulatory coordination, investor engagement, and listing execution. The bank is positioning the initiative as part of a broader strategy to integrate fintech-driven investment options into Kenya’s capital markets infrastructure.
The planned cross-listing is expected to cater to Kenya’s growing base of digital-first investors, many of whom are already active in cryptocurrency and blockchain platforms but lack access to compliant, institutional-grade investment products.
While timelines for approval and listing remain undisclosed, the move represents a potential milestone in expanding regulated exposure to digital assets in Africa’s more developed financial markets. If successful, it could pave the way for similar listings across the region as regulators and exchanges adapt to the shifting landscape of digital finance.
