Safello Lists Physically Backed and Staked TAO ETP on SIX Swiss Exchange
On November 19, 2025, Safello announced the listing of a physically backed and staked TAO ETP on the SIX Swiss Exchange. The exchange-traded product (ETP), trading under the ticker STAO and denominated in USD, is available on European trading platforms and through major online brokers.
Formally named the Safello Bittensor Staked TAO ETP, it is issued by DDA ETP AG under a partnership formed earlier in the year. The ETP is 100% physically backed by staked TAO within the product structure. Staking rewards are reinvested after fees to enhance the net asset value (NAV) and aim to mirror TAO’s price performance and staking yield, providing a total return instrument with compounding yields.
This listing broadens European access to Bittensor exposure, supporting Safello’s strategy to offer regulated crypto investment options across Europe. Safello will receive a revenue share based on the ETP’s assets under management. The long-term impact of this product depends on TAO demand and prevailing market conditions.
The collaboration with DDA ETP AG is aligned with Safello’s mission to provide compliant cryptocurrency investment options along with investor protections throughout Europe.
