Deutsche Digital Assets and Safello to List Staked Bittensor ETP on SIX Swiss Exchange
Deutsche Digital Assets and Safello are preparing to launch the Safello Bittensor Staked TAO ETP (STAO) on the SIX Swiss Exchange, offering investors regulated exposure to Bittensor’s TAO token. The product will be fully physically backed, ensuring transparency and security while providing access to one of the fastest-growing decentralized AI networks.
The ETP is designed to capture both price appreciation and staking rewards, with earned yields automatically reinvested to enhance total returns. By combining the benefits of staking with the ease of a traditional exchange-traded product, STAO aims to simplify institutional and retail participation in the Bittensor ecosystem. Trading on the SIX Swiss Exchange is expected to begin in the coming weeks, marking another step toward mainstream TAO adoption.CoinDesk
What is the Safello Bittensor Staked TAO ETP?
The exchange-traded product provides exposure to Bittensor (TAO), a cryptoasset tied to a decentralized AI network that incentivizes contributors of compute and data. STAO will track the Kaiko Safello Staked Bittensor Index (KSSTAO), aiming to reflect both TAO’s price performance and staking yield. The ETP is physically backed by TAO held in cold storage with a regulated custodian, and charges a maximum fee of 1.49%.
Fees and mechanics of the Safello Bittensor Staked TAO ETP
According to Safello’s investor communication, the product’s management fee is 1.49%, with staking rewards auto-compounded back into the vehicle. Safello has indicated a planned listing date of 19 Nov 2025 on SIX under STAO. Separate industry coverage notes identifiers ISIN DE000A4APQY4 and WKN A4APQY for the instrument as launched via DDA’s white-label platform.
Market context
Interest in Bittensor has grown as investors explore AI-adjacent crypto networks. In July 2025, U.K. digital asset exchange Archax agreed to acquire Deutsche Digital Assets (terms undisclosed), underscoring consolidation among European digital-asset platforms and service providers.
“Bittensor is a prime example of how decentralized technology and AI are converging to reshape the future of value creation. Together with DDA, we’re making it possible for investors to easily access this innovation through a regulated and transparent investment vehicle.” Emelie Moritz, CEO, Safello.
Context & Analysis
STAO broadens regulated access to an AI-linked cryptoasset while embedding staking yield an approach that may appeal to yield-seeking investors who prefer exchange-traded wrappers over direct token custody.Key watch items include actual listing date confirmation, live AUM, secondary-market liquidity, and tracking versus KSSTAO after fees.
Conclusion
If launched as planned, STAO could rank among the first staked Bittensor (TAO) products available on a major European exchange, marking a milestone for regulated access to decentralized AI assets. The listing would further expand institutional exposure to TAO while offering investors the benefits of staking within a transparent, exchange-traded structure.
However, investors are advised to review the final listing details, including fees, custodial terms, and staking parameters. Monitoring the net yield after expenses will be key to assessing long-term performance, as management and operational costs may slightly offset staking rewards once trading officially begins.
FAQs
Q: What is STAO?
A: STAO is the Safello Bittensor Staked TAO ETP, a physically backed product tracking an index that includes staking yield.
Q: When will STAO start trading?
A: Safello indicates a planned SIX listing on 19 Nov 2025, subject to final confirmation.
Q: How does the ETP generate returns?
A: Through TAO price movements plus staking rewards that are automatically reinvested.
Q: What are the fees?
A: The maximum fee is 1.49% annually, per issuer communications.
Q: Is the product physically backed?
A: Yes by TAO held in cold storage with a regulated custodian.
Q: Which index does it track?
A: The Kaiko Safello Staked Bittensor Index (KSSTAO).
Q: Does the ETP have identifiers?
A: Coverage references ISIN DE000A4APQY4 / WKN A4APQY.
Facts
Event
Planned listing of Safello Bittensor Staked TAO ETP (STAO) on SIX Swiss ExchangeDate/Time
2025-10-29T14:00:00+05:00Entities:
Deutsche Digital Assets (DDA); Safello AB (SFL); SIX Swiss Exchange; Bittensor (TAO); Kaiko; ArchaxFigures
Max fee 1.49%; planned listing 2025-11-19; identifiers ISIN DE000A4APQY4 / WKN A4APQY (per coverage)Quotes
“Bittensor is a prime example of how decentralized technology and AI are converging…” Emelie Moritz, CEO, SafelloSources
CoinDesk report + URL; Safello Cision press release + URL; ETF Express coverage + URL