MLL Legal acted as legal advisor to Deutsche Digital Assets (DDA) in the listing of the Safello Bittensor Staked TAO ETP on SIX Swiss Exchange
MLL Legal is proud to have accompanied DDA ETP AG in the successful issuance and listing of its new Safello Bittensor Staked TAO ETP (Ticker: STAO) on SIX Swiss Exchange. The new product is listed and is trading on SIX since 19 November 2025.
The new STAO is a total return exchange-traded product tracking the Kaiko Safello Staked Bittensor Index (KSSTAO Index). In addition, it provides investors with exposure to the full TAO staking rewards. The ETP is fully collateralised by the underlying cryptocurrency stored in cold storage at a regulated crypto custodian.
Founded in 2017, Deutsche Digital Assets is a German digital asset manager that serves as a trusted point of contact for investors seeking exposure to crypto assets. The listing of STAO on SIX Swiss Exchange forms a further significant milestone to DDA’s white label platform and its commitment to structured digital assets innovation.
The MLL Legal team was led by partner Mark Montanari and included associate Alessandro De Vecchi (both capital markets).
