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Deutsche Digital Assets lists TAO ETP on SIX


19 November 2025 Germany
Reporter: Zarah Choudhary

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Image: Maximusdn/stock.adobe.com
Deutsche Digital Assets (DDA), a European crypto asset manager, in collaboration with Safello, a cryptocurrency exchange in the Nordics, has listed the Safello Bittensor Staked TAO exchange traded product (ETP) on the SIX Swiss Exchange.

The ETP will be traded in US dollars.

Named Safello Bittensor Staked TAO ETP, it is a total return exchange traded product that tracks the Kaiko Safello Staked Bittensor Index, and is 100 per cent physically backed by Bittensor (TAO) held in ‘cold storage’ at a regulated crypto custodian.

The firm highlights that the ETP provides a regulated and secure way for investors to gain exposure to Bittensor at a total expense ratio of 1.49 per cent, while simultaneously enjoying staking returns accumulated in the net asset value (NAV) of the product.

The ETP has a maximum management fee of 1.49 per cent per annum.

In addition to TAO’s price movements, investors in the ETP earn the full TAO staking rewards (less service provider fees), which are accumulated daily in the NAV, and are reinvested into the ETP.

Maximilian Lautenschläger, CEO and founder of DDA, says: “The listing of the Safello Bittensor Staked TAO ETP on the SIX Swiss Exchange in US dollars is a significant milestone for DDA’s white label platform and a testament to our commitment to structured digital asset innovation.

“As an issuer focused on providing institutional-grade access, we are proud to bring a product to market that captures the unique investment thesis of Bittensor — the convergence of decentralised AI and blockchain — within a familiar and regulated ETP wrapper.”

Emelie Moritz, CEO at Safello, adds: “I am immensely proud of Safello for bringing the world’s first exchange traded product backed by staked TAO to SIX Swiss Exchange.

“This marks a historic milestone for the entire Bittensor ecosystem, lowering the barriers to TAO adoption for both retail and institutional investors worldwide.

“Bittensor, with its native token TAO, is laying the foundation for a decentralised future of AI and we are happy to be a part of this journey.

“By staking the underlying TAO, we are happy to contribute to the network's security and consensus mechanism, and at the same time providing a higher yield for the investors.”

Ambre Soubiran, CEO at Kaiko, comments: “We are delighted to collaborate with Safello and DDA as this product lists on SIX.

“Kaiko’s role is to deliver transparent and dependable benchmarks, and we are pleased that the Kaiko Safello Staked Bittensor Index can support the launch of this ETP on a major European exchange.”
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