Safello, the Nordic crypto exchange, announces the cross-listing of the Safello Bittensor Staked TAO ETP (STAO) on Nasdaq Stockholm as of 19 March 2026. Previously exclusive to the SIX Swiss Exchange, the product is now available for trading in Swedish kronor. This milestone follows a partnership with DDA ETP AG to provide regulated exposure to the Bittensor (TAO) network within the Swedish jurisdiction.
The 100% physically backed ETP offers direct price exposure and automatically reinvests on-chain staking rewards into its net asset value. This financial instrument serves Safello’s base of over 423,000 users and maintains a competitive management fee of 1.49%. As a crypto-asset service provider authorized under Markets in Crypto-Assets (MiCA), Safello will receive a revenue share based on assets under management.
“This cross-listing on Nasdaq Stockholm takes the TAO ETP to Safello’s home markets where retail customers and institutional investors can allocate capital,” says Safello co-founder and CEO Frank Schuil. Dominik Poiger, Head of Product Management at DDA, adds that the listing captures the unique convergence of decentralized artificial intelligence and blockchain within a regulated wrapper.
🧭 FAQs
• Where can investors trade the STAO ETP in Sweden? Local investors can trade the product in Swedish kronor on the Nasdaq Stockholm exchange.
• What is the management fee for this crypto ETP? The product maintains a management fee of 1.49 percent for all regional investors.
• Is Safello authorized to operate under European regulations? Safello is an authorized crypto-asset service provider under the Markets in Crypto-Assets framework.
• How many users does Safello currently serve in the Nordics? The exchange currently serves a growing base of over 423,000 users across the region.
