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

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Deutsche Digital Assets and Safello to List Staked Bittensor ETP on SIX Swiss Exchange The exchange-traded product offers investors regulated access to Bittensor’s TAO token with staking rewards and full physical backing. By Ian Allison , AI Boost | Edited by Sheldon Reback Oct 29, 2025, 9:28 a.m. (Markus Winkler/Unsplash modified by CoinDesk) What to know : Deutsche Digital Assets and Safello plan to introduce the Safello Bittensor Staked TAO ETP (STAO). The product will give investors exposure to Bittensor while earning staking rewards. Trading on the SIX Swiss Exchange is set to begin in the coming weeks. Deutsche Digital Assets, a Germany-regulated provider of exchange-traded products (ETPs), plans to list an ETP bringing investors exposure to TAO $ 420.87 , a cryptocurrency linked to decentralized artificial intelligence, with the help of Nasdaq Nordic-listed broker Safello (SFL), the firms said on Wednesday. The Safello Bittensor Staked TAO ETP will trade on the SIX Swiss Exchange with the ticker STAO in the next couple of weeks. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . The product is physically backed by TAO tokens held in cold storage with a regulated custodian, according to a press release. Investors will receive returns based on both TAO’s price movements and staking rewards, which are automatically reinvested into the fund, with a maximum fee of 1.49%. Interest is growing in Bittensor , a decentralized network for AI that rewards people for contributing data and computing power to carry out tasks like text translation, fraud detection, image recognition and more esoteric goals like predicting the structure of complex protein chains. An asset management approach to the Bittensor universe has already been launched by Digital Currency Group founder Barry Silbert, whose Yuma Asset Management offers wealthy investors exposure to “subnet” tokens, the protocol-native crypto assets of Bittensor’s decentralized contributor networks. "Bittensor is a prime example of how decentralized technology and AI are converging to reshape the future of value creation. Together with DDA, we’re making it possible for investors to easily access this innovation through a regulated and transparent investment vehicle.” said Safello CEO Emelie Moritz. The Safello Bittensor Staked TAO ETP is a total return exchange-traded product that tracks the Kaiko Safello Staked Bittensor Index (KSSTAO). In July, U.K. exchange Archax said it agreed to buy Deutsche Digital Assets for an undisclosed amount. TAO Exchange-Traded Products ETPs AI AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . More For You OwlTing: Stablecoin Infrastructure for the Future By CoinDesk Research Oct 16, 2025 Commissioned by OwlTing Stablecoin payment volumes have grown to $19.4B year-to-date in 2025. OwlTing aims to capture this market by developing payment infrastructure that processes transactions in seconds for fractions of a cent. View Full Report More For You Western Union to Launch Stablecoin on Solana With Anchorage Digital By Krisztian Sandor | Edited by Stephen Alpher 15 hours ago The U.S. dollar-pegged token is expected to become available in the first half of 2026. What to know : Western Union plans to launch a stablecoin called the U.S. Dollar Payment Token (USDPT) for its payment network next year. The stablecoin will be issued by Anchorage Digital on the Solana blockchain, aiming for low-cost, fast settlements. This move follows the trend of traditional finance firms integrating stablecoins, with competitors like MoneyGram and PayPal already adopting similar technologies. Read full story Latest Crypto News DBS, Goldman Sachs Execute First Over-the-Counter Interbank Crypto Options Trade 1 hour ago World Liberty Financial to Airdrop 8.4M WLFI Tokens to Early USD1 Users 1 hour ago Bitwise Says Its Solana Staking ETF (BSOL) Had a 'Big First Day'; GSOL to List on NYSE 2 hours ago Bitcoin Holds $113K as Liquidity Thins, Traders Turn Defensive Before Fed Week 2 hours ago Ether Holds Above $4,000, Arkham Says Tom Lee's 'BitMine Is Buying the Dip' 3 hours ago XRP and SOL Futures Open Interest on CME Hits Record High 4 hours ago Top Stories DBS, Goldman Sachs Execute First Over-the-Counter Interbank Crypto Options Trade 1 hour ago Bitcoin Holds $113K as Liquidity Thins, Traders Turn Defensive Before Fed Week 2 hours ago Asia Morning Briefing: Bitcoin Holds Ground as Traders Sit on Stablecoins Before Fed Decision 7 hours ago Western Union to Launch Stablecoin on Solana With Anchorage Digital 15 hours ago Wealth Managers Scramble to Add Crypto as UAE's Ultra-Rich Demand Digital Assets 17 hours ago Solana ETFs Could Draw Over $3B If Bitcoin, Ether ETF Trends Repeat 18 hours ago In this article TAO TAO $ 420.87 ◢ 5.53 %