Valour Inc, a subsidiary of Canadian firm DeFi Technologies, has announced plans to cross-list its suite of over 65 digital asset exchange-traded products (ETPs) on the Nairobi Securities Exchange (NSE).
Valour has selected GulfCap Investment Bank (GCIB) to be its transaction advisor. The investment bank will handle regulatory coordination, investor engagement, due diligence and listing execution.
If successful, this listing will mark the first time Kenyan investors can have access global digital assets like Bitcoin, Ethereum and other tokenized products through regulated ETPs listed in Kenyan Shillings.
“We are proud to partner with GulfCap Investment Bank for this important initiative,” said Andrew Forson, President of DeFi Technologies and Chief Growth Officer at Valour. “Their proven track record in cross-border capital markets transactions and deep local expertise makes them the ideal advisor as we enter the Kenyan market.”
Valour’s ETPs are already listed on other markets like Xetra (Germany), Spotlight (Sweden), and Euronext (Paris and Amsterdam). The firm specializes in making digital assets accessible to traditional investors via regulated channels, and this helps to bridge the often chaotic gap between crypto and conventional markets.
Kenya has, for years, been one of Africa’s most active digital asset markets. Yet, most local crypto activity happens on peer-to-peer platforms or unregulated exchanges.
For Saud Shabahl, Founder and CEO of GulfCap Investment Bank, the move is about much more than listing products.
“Kenya is already one of Africa’s most active digital asset markets by adoption,” he said. “This initiative places us firmly at the intersection of capital markets evolution and fintech disruption.”
He adds that this partnership is aimed at “expanding the frontier of financial inclusion by introducing regulated alternative investment products that resonate with the digital-first generation of Kenyan investors.”
GulfCap’s role as the local advisor gives the initiative strong legs. As a CMA-licensed investment bank, GCIB brings the credibility, regulatory experience, and market access necessary to push through a project that, until recently, might have seemed too ambitious for the local market.
Also Read: 20 Crypto and Blockchain Terms Every Kenyan Should Know
