Canadian firm Valour Inc. has appointed GulfCap Investment Bank (GCIB) as its transaction advisor for the cross-listing of its Exchange Traded Products (ETPs) on the Nairobi Securities Exchange (NSE).
The cross-listing, pending approval by the Capital Markets Authority (CMA), will allow Valour’s ETPs to be traded in Kenya Shillings, giving East African investors regulated access to leading digital assets.
GCIB, a CMA-licensed investment bank, will spearhead the advisory process—providing end-to-end support that includes regulatory coordination, due diligence, documentation, investor engagement, and listing execution in alignment with CMA and NSE frameworks.
Valour is a subsidiary of DeFi Technologies Inc., a fintech company focused on bridging traditional and decentralized finance. DeFi Technologies is listed on Cboe Canada, one of Canada’s leading stock exchanges. Valour currently offers more than 65 fully hedged digital asset ETPs listed across major European exchanges such as Xetra (Germany), Spotlight (Sweden), and Euronext (Paris and Amsterdam).
This partnership marks a significant milestone in Valour’s mission to expand regulated digital asset access across emerging markets.
“We are proud to partner with GulfCap Investment Bank for this important initiative. Their proven track record in cross-border capital markets transactions and deep local expertise makes them the ideal advisor as we enter the Kenyan market. This collaboration reflects our commitment to building strong, compliant, and long-term bridges between global investors and decentralized ” – Mr. Andrew Forson, President of DeFi Technologies and Chief Growth Officer of Valour.
“Kenya is already one of Africa’s most active digital assets markets by adoption, and this initiative places us firmly at the intersection of capital markets evolution and fintech disruption.”— Mr. Saud Shahbal, Founder and CEO, GulfCap Investment Bank.
He added that a core goal of the bank is to expand the frontier of financial inclusion by introducing regulated alternative investment products tailored to the digital-first generation of Kenyan investors. The bank is actively working with regulators and industry stakeholders to ensure compliance, with a focus on governance and investor protection.