Stockholm, 6 May 2026 | Safello, the leading crypto exchange in the Nordics, announces that the Safello Bittensor Staked TAO ETP (STAO) has been awarded a Special Award at the XENIX ETF Awards Nordics 2026. The award ceremony took place on 4 May at the National Museum of Denmark in Copenhagen.
The XENIX ETF Awards Nordics recognize outstanding products in the European ETF and ETP market. The Special Award was granted to the Safello Bittensor Staked TAO ETP in recognition of it being the first European ETP linked to staked TAO, having initially launched on SIX Swiss Exchange in November 2025 before being cross-listed on Nasdaq Stockholm in March 2026.
The Safello Bittensor Staked TAO ETP is issued by DDA ETP AG under the partnership agreement between Safello and Deutsche Digital Assets (DDA). The product is 100% physically backed by staked TAO and tracks the Kaiko Safello Staked Bittensor Index (KSSTAO). Staking rewards are automatically reinvested into the product and reflected in its net asset value (NAV), enabling a total return structure. The ETP trades under the ticker STAO with a management fee of 1.49%.
"Receiving this award is a meaningful recognition of the work we have done to bring regulated, accessible exposure to Bittensor to European investors," said Frank Schuil, founder and CEO at Safello. "From our initial treasury reallocation into TAO a year ago to listing the first staked TAO ETP in Europe, this has been a deliberate journey built on a strong conviction in decentralized AI as the most important emerging asset class in crypto."
"This award reflects the growing institutional appetite for crypto ETPs that go beyond Bitcoin and Ethereum. Bittensor sits at the intersection of AI and decentralised infrastructure - exactly the kind of exposure sophisticated investors are seeking, and exactly where DDA and Safello are leading." said Dominik Poiger, Head of Product Management at DDA.
The ETP is available for trading on Nasdaq Stockholm in Swedish kronor and on SIX Swiss Exchange in US dollars.
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For more information, please contact
Filip Fredman at press@safello.com
Certified Adviser
Amudova AB is Safello's certified adviser.
Safello is the leading cryptocurrency exchange in the Nordics with over 423,000 users and was founded in 2013. The company's mission is to make crypto accessible to everyone. Safello offers a secure and seamless solution for buying, selling, storing, depositing and withdrawing cryptocurrencies directly from the blockchain - all through smooth transactions with instant delivery. Safello AB operates in Sweden and is authorized as a crypto-asset service provider under MiCA. The parent company, Safello Group AB, has been listed on Nasdaq First North Growth Market since 2021. For more information, visit www.safello.com.