Stockholm, 19 March 2026 | Safello, the leading crypto exchange in the Nordics, announces that the Safello Bittensor Staked TAO ETP (STAO) has been cross listed on Nasdaq Stockholm. The ETP, which was previously listed exclusively on SIX Swiss Exchange, is now available for trading in Swedish kronor on one of Europe's premier exchanges.

The cross-listing marks a significant milestone in expanding access to regulated cryptocurrency investment products in the Nordic region. The Safello-branded product, issued by DDA ETP AG under the partnership agreement entered into last year, will trade on Nasdaq Stockholm under the ticker STAO, maintaining its competitive management fee of 1.49%.

The Safello Bittensor Staked TAO ETP provides investors with regulated exposure to Bittensor (TAO) in a familiar exchange traded format. The product is 100% physically backed by staked TAO, offering investors direct price exposure while benefiting from on-chain staking rewards, net of service provider fees. These rewards are automatically reinvested into the product and reflected in its net asset value (NAV), enabling a total return structure.

"Bittensor has the clear lead in the decentralized AI race, and we see its 128 subnets as the breeding ground for `DeepSeek' and `OpenClaw' moments," said Frank Schuil, co-founder and CEO at Safello. "This cross-listing on Nasdaq Stockholm takes the TAO ETP to Safello's home markets where retail customers and institutional investors can allocate capital in what I see as the most exciting blockchain protocol since Bitcoin while earning staking rewards."

"The listing of the Safello Bittensor Staked TAO ETP on Nasdaq Stockholm in SEK 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 decentralized AI and blockchain - within a familiar and regulated ETP wrapper." said Dominik Poiger, Head of Product Management at DDA.

The ETP remains available for trading on SIX Swiss Exchange in US dollars, giving investors flexibility in their choice of trading venue and currency.

As previously communicated, Safello receives a revenue share based on assets under management (AUM), but the financial impact for Safello cannot yet be assessed.

###

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.