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Valour Inc., a subsidiary of DeFi Technologies, has fully eliminated its outstanding debt with a final payment of C$5.5 million (US$4 million) on October 16, 2024. This debt clearance was achieved without issuing new equity or debt, demonstrating strong financial management. The debt-free status enhances Valour's ability to focus on growth and innovation in the digital assets market. DeFi Technologies maintains a separate US$6 million loan balance with Genesis Global Capital , expected to be resolved through bankruptcy proceedings.
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