DeFi Technologies'; Subsidiary Valour Inc. Reaches a Record of $C838 Million in AUM
- Valour Inc. reached a record AUM of C$838 million as of March 14th, 2024.
- The AUM grew by 19.8% since February 28th and by 57.8% since the beginning of the year.
- The increase in AUM signifies robust demand for Valour's regulated digital asset products.
- Valour's strategy aligning offerings with investor interests has been effective.
- Recent ETP launches like Valour Internet Computer (ICP), Valour Ripple (XRP), and Valour Binance (BNB) have contributed to the growth.
- DeFi Technologies and Valour are driving mainstream adoption of digital assets through secure and accessible investment products.
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Insights
The notable increase in Assets Under Management (AUM) for Valour to C$838 million reflects a significant uptick in investor interest within the digital asset space. This growth trajectory, particularly the 19.8% rise since the previous month, indicates strong market momentum and investor confidence in Valour's product offerings. The expansion of their exchange-traded products (ETPs), which now includes assets like Internet Computer (ICP), Ripple (XRP) and Binance (BNB), suggests that Valour is diversifying its portfolio and tapping into the demand for varied digital asset exposure.
From a market perspective, the introduction of regulated ETPs is a critical development because it provides a bridge for traditional investors to enter the digital asset market. This not only broadens the investor base but also potentially stabilizes the digital asset market by incorporating regulated investment mechanisms. The strategic alignment with investor interests and the regulatory framework could position Valour for sustained growth, especially as the digital asset market continues to mature.
The surge in AUM is a strong indicator of financial health and growth potential for Valour, which could have a positive impact on DeFi Technologies' valuation and investor sentiment. The impressive 57.8% growth since the start of the year outpaces general market performance, highlighting the company's competitive edge in the digital asset sector. Such performance could draw increased attention from institutional investors and analysts tracking the digital asset and broader fintech sectors.
Furthermore, the diversification of their ETP offerings allows investors to hedge against volatility inherent in the digital asset market. The physical staking aspect of the Valour Internet Computer (ICP) ETP, for example, provides additional incentives for investors through potential staking rewards, which could enhance the attractiveness of Valour's ETPs compared to traditional digital asset investment vehicles.
The adoption of new ETPs focused on specific cryptocurrencies like ICP, XRP and BNB, reflects a nuanced understanding of the digital asset ecosystem. Each of these assets brings a unique value proposition: ICP's focus on a decentralized internet, XRP's payment settlement network capabilities and BNB's utility within the Binance exchange ecosystem. The inclusion of these assets suggests that Valour is not only capitalizing on the diversity of the crypto market but also catering to investors with varied risk appetites and interests in the technology underlying these assets.
Moreover, the move towards regulated ETPs is indicative of the industry's shift towards greater compliance and security, which is essential for mainstream adoption. As regulatory scrutiny in the crypto space intensifies, Valour's emphasis on regulated offerings could shield it from potential regulatory headwinds and position it as a preferred choice for investors seeking compliant exposure to digital assets.
- Assets Under Management Growth: Valour has experienced a significant rise in its AUM, reaching a record of
C . This represents an increase of$838 million 19.8% since February 28th and builds upon a57.8% growth from January 2, 2024. - Surging Demand for Regulated Digital Asset Products: The surge in AUM highlights robust demand for Valour's comprehensive suite of regulated exchange-traded digital asset products. This indicates the effectiveness of the company's strategy in aligning offerings with investor interests. Recently launched ETPs include Valour Internet Computer (ICP), Valour Ripple (XRP), and Valour Binance (BNB) ETPs.
This noteworthy growth underscores the increasing interest and confidence in the digital asset market. Valour's expansion in AUM can be attributed to the consistent demand for its innovative ETP solutions among investors looking to gain exposure to digital assets in a regulated framework.
In addition to the notable growth in AUM, Valour has recently expanded its product lineup with the launch of several new exchange-traded products. These include Valour Internet Computer (ICP) Physical Staking, Valour Ripple (XRP), and Valour Binance (BNB) ETPs. These recent additions demonstrate Valour's commitment to providing a diverse range of top investment opportunities in the digital asset space.
DeFi Technologies and Valour remain at the forefront of the evolving digital asset market, contributing to the mainstream adoption of digital assets through regulated, secure, and accessible investment products.
DeFi Technologies Inc. (NEO: DEFI) (GR: MB9) (OTC: DEFTF) is a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (DeFi).
With a dedicated focus on industry-leading Web3 technologies, DeFi Technologies aims to provide widespread investor access to the future of finance. Backed by an esteemed team of experts with extensive experience in financial markets and digital assets, we are committed to revolutionizing the way individuals and institutions interact with the evolving financial ecosystem.
Join DeFi Technologies' digital community on Linkedin and Twitter, and for more details, visit https://defi.tech/
Valour Inc. issues exchange traded products (ETPs) that enable retail and institutional investors to access digital assets like Bitcoin in a simple and secure way via their traditional bank account. Established in 2019, Valour is a wholly owned subsidiary of DeFi Technologies Inc. (NEO: DEFI) (GR: MB9) (OTC: DEFTF).
In addition to their novel physical backed digital asset platform, which includes 1Valour Bitcoin Physical Carbon Neutral ETP and 1Valour Ethereum Physical Staking, Valour offers fully hedged digital asset ETPs with low to zero management fees, with product listings across European exchanges, banks and broker platforms. Valour's existing product range includes Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM), Binance (BNB), Ripple (XRP), Enjin (ENJ), Bitcoin Carbon Neutral (BTCN), Valour Digital Asset Basket 10 (VDAB10) and 1Valour Internet Computer (ICP) Physical Staking ETPs with low management fees. Valour's flagship products are Bitcoin Zero and Ethereum Zero, the first fully hedged, passive investment products with Bitcoin (BTC) and Ethereum (ETH) as underlyings which are completely fee free.
For more information, subscribe, or receive company updates and financial information, visit valour.com.
Cautionary note regarding forward-looking information:
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the Offering; growth of AUM; breakdown of AUM holdings; development of ETPs; future demand for ETP's; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by DeFi and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour exchange traded products by exchanges; growth and development of decentralised finance and cryptocurrency sector; rules and regulations with respect to decentralised finance and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in
THE CBOE
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SOURCE DeFi Technologies Inc.
FAQ
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