Safello Bittensor Staked TAO ETP
Safello Bittensor Staked TAO ETP (STAO) gives you exposure to Bittensor via staked TAO, with the yield continuously reflected in a regulated, exchange-traded product.
Safello, together with Deutsche Digital Assets (DDA), has launched Safello Bittensor Staked TAO ETP (STAO) – the world’s first exchange-traded product (ETP) with staked TAO (Bittensor).
The product offers investors a simple, regulated and secure way to gain exposure to Bittensor, a decentralised network that powers an open marketplace for machine learning, where participants are rewarded with TAO for contributing computing power and data.
On 19 November 2025, the ETP will be listed on SIX Swiss Exchange, trading in US dollars (USD).
It will also be available via several leading European trading platforms and online brokers:
Interactive Brokers
Global access to 150+ markets across the US, Europe, Asia and Australia.
DEGIRO
European focus with trading on major EU exchanges plus the US, Canada and select Asian markets.
ING Bank
Active across Europe with additional reach in Asia and Australia; availability varies by country.
Onvista Bank
Primarily German exchanges like Xetra and Frankfurt, with limited international access via partners.
Comdirect Bank
Trading in Germany, major EU markets and select international exchanges via partners.
Maxblue
German and European exchanges with broader global access through Deutsche Bank’s network.
Safello Bittensor Staked TAO ETP is 100 percent physically backed by TAO, which is held in cold storage with a regulated crypto custodian. In addition to price exposure, investors receive the full staking yield (after fees), which is automatically reinvested and reflected in the product’s net asset value (NAV).
Through STAO, investors gain a regulated and secure gateway into Bittensor’s AI-driven network, where innovation meets decentralisation. The product is designed to meet the needs of both retail and institutional investors who want to participate in the growing digital asset economy via a familiar, exchange-traded format.
Who is STAO for?
Safello Bittensor Staked TAO ETP is suitable for investors who want to:
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Gain exposure to staked TAO in a smooth and easy way through their brokerage account.
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Access staking yield without managing staking themselves.
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Invest in a physically backed ETP that tracks a transparent index.
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Participate in the emerging AI–blockchain economy through a traditional exchange-traded structure.
Name: Safello Bittensor Staked TAO ETP
Ticker: STAO
ISIN / WKN: DE000A4APQY4 / A4APQY
Management fee: 1.49%
Base currency: USD
Issuer: DDA ETP AG
Custodian: BitGo Europe GmbH
Index provider: Kaiko SAS
Underlying asset: Kaiko Safello Staked Bittensor Index (KSSTAO Index)
Product structure: Physically backed
Income treatment: Accumulating
Domicile: Liechtenstein
Launch date: 27 October 2025
Primary listing date: 19 November 2025
Listing venue: SIX Swiss Exchange
The ETP tracks the Kaiko Safello Staked Bittensor Index (KSSTAO Index), which has been developed to reflect the price performance and staking yield of Bittensor (TAO). The index is provided by Kaiko SAS, a leading provider of crypto market data in Europe.