The Floki project plans to launch an exchange-traded product (ETP) based on its token FLOKI in Europe in Quarter 1, 2025. Currently, the Floki development team is working with an unnamed asset manager to develop the product and is seeking community approval from Floki DAO to allocate some of the tokens from the vault wallet holding 16 billion FLOKI tokens to provide early liquidity for the ETP. The total value of these tokens is about $2.80 million. If the proposal is passed, the liquidity will still be owned by Floki and can be recovered later according to the liquidity situation of third parties.