DeFi Technologies Provides Monthly Corporate Update: Subsidiary Valour Reports Assets Under Management at C$757 Million (US$561 Million), Up 49% This Fiscal Year, and Net Inflows of C$8.2 Million (US$6.1 Million) in September, Among Other Key Developments
DeFi Technologies' subsidiary Valour Inc. reported C$757 million (US$561 million) in AUM as of September 30, 2024, marking a 49% increase year-to-date. September saw net inflows of C$8.2 million (US$6.1 million), with key products like Valour Solana SEK and Valour Near SEK driving growth. The company's financial position remains strong with a cash balance of C$19.7M (US$14.6M) and diverse cryptocurrency holdings totaling C$40.2M (US$29.8M).
Recent developments include launching an Ethereum Physical Staking ETP on the London Stock Exchange, filing a Form 40-F with the SEC for potential Nasdaq listing, announcing a Crypto Investor Day in New York City, and partnering with Professional Capital Management to enter the U.S. ETF market. These initiatives underscore DeFi Technologies' commitment to bridging traditional finance with decentralized finance.
La sussidiaria di DeFi Technologies, Valour Inc., ha riportato 757 milioni di C$ (561 milioni di USD) in AUM al 30 settembre 2024, segnando un aumento del 49% da inizio anno. Settembre ha visto afflussi netti di 8,2 milioni di C$ (6,1 milioni di USD), con prodotti chiave come Valour Solana SEK e Valour Near SEK che hanno guidato la crescita. La posizione finanziaria dell'azienda rimane solida con un saldo di cassa di 19,7 milioni di C$ (14,6 milioni di USD) e una varietà di criptovalute per un totale di 40,2 milioni di C$ (29,8 milioni di USD).
Sviluppi recenti includono il lancio di un ETP di Staking Fisico di Ethereum presso la Borsa di Londra, la presentazione di un Modulo 40-F presso la SEC per una potenziale quotazione al Nasdaq, l'annuncio di un Crypto Investor Day a New York City, e una collaborazione con Professional Capital Management per entrare nel mercato degli ETF negli Stati Uniti. Queste iniziative sottolineano l'impegno di DeFi Technologies a collegare la finanza tradizionale con la finanza decentralizzata.
La subsidiaria de DeFi Technologies, Valour Inc., informó de 757 millones de C$ (561 millones de USD) en AUM al 30 de septiembre de 2024, lo que marca un aumento del 49% desde el inicio del año. Septiembre vio aflujos netos de 8,2 millones de C$ (6,1 millones de USD), siendo productos clave como Valour Solana SEK y Valour Near SEK los que impulsaron el crecimiento. La posición financiera de la empresa se mantiene sólida con un saldo de efectivo de 19,7 millones de C$ (14,6 millones de USD) y diversas tenencias de criptomonedas que totalizan 40,2 millones de C$ (29,8 millones de USD).
Los desarrollos recientes incluyen el lanzamiento de un ETP de Staking Físico de Ethereum en la Bolsa de Londres, la presentación de un Formulario 40-F a la SEC para una posible cotización en Nasdaq, el anuncio de un Día del Inversor Cripto en Nueva York, y la colaboración con Professional Capital Management para entrar en el mercado de ETF en EE. UU.. Estas iniciativas subrayan el compromiso de DeFi Technologies por unir las finanzas tradicionales con las finanzas descentralizadas.
DeFi Technologies의 자회사 Valour Inc.는 2024년 9월 30일 기준으로 757백만 캐나다 달러 (561백만 미국 달러)의 AUM을 보고했으며, 이는 연간 49% 증가한 수치입니다. 9월에는 순 유입이 82만 캐나다 달러 (61만 미국 달러)에 달했으며, Valour Solana SEK 및 Valour Near SEK와 같은 주요 제품이 성장을 견인했습니다. 회사의 재무 상태는 19.7백만 캐나다 달러 (14.6백만 미국 달러)의 현금 잔고와 40.2백만 캐나다 달러 (29.8백만 미국 달러)에 달하는 다양한 암호화폐 보유를 통해 여전히 강력합니다.
최근 개발 사항으로는 런던 증권 거래소에 이더리움 물리적 스테이킹 ETP 런칭, SEC에 Form 40-F 제출을 통한 잠재적 나스닥 상장, 뉴욕시에서의 암호화폐 투자자 데이 발표, 그리고 Professional Capital Management와의 협력을 통한 미국 ETF 시장 진출이 포함됩니다. 이러한 이니셔티브는 DeFi Technologies가 전통 금융과 분산 금융을 연결하는 데 대한 의지를 강조합니다.
La filiale de DeFi Technologies, Valour Inc., a rapporté 757 millions de C$ (561 millions de USD) d'AUM au 30 septembre 2024, marquant une augmentation de 49 % depuis le début de l'année. En septembre, il y a eu des flux nets de 8,2 millions de C$ (6,1 millions de USD), avec des produits clés comme Valour Solana SEK et Valour Near SEK qui ont stimulé la croissance. La situation financière de l'entreprise reste solide avec un solde de trésorerie de 19,7 millions de C$ (14,6 millions de USD) et des actifs divers en cryptomonnaies représentant 40,2 millions de C$ (29,8 millions de USD).
Les développements récents incluent le lancement d'un ETP de Staking Physique d'Ethereum à la Bourse de Londres, le dépôt d'un Formulaire 40-F auprès de la SEC pour un éventuel listing sur Nasdaq, l'annonce d'un Crypto Investor Day à New York City, et un partenariat avec Professional Capital Management pour entrer sur le marché des ETF aux États-Unis. Ces initiatives soulignent l'engagement de DeFi Technologies à relier la finance traditionnelle à la finance décentralisée.
Die Tochtergesellschaft von DeFi Technologies, Valour Inc., berichtete zum 30. September 2024 von 757 Millionen C$ (561 Millionen USD) AUM, was einen 49%igen Anstieg seit Jahresbeginn markiert. Im September gab es Nettozuflüsse von 8,2 Millionen C$ (6,1 Millionen USD), wobei zentrale Produkte wie Valour Solana SEK und Valour Near SEK das Wachstum vorantrieben. Die finanzielle Lage des Unternehmens bleibt stark mit einem Bargeldbestand von 19,7 Millionen C$ (14,6 Millionen USD) und einer Vielzahl von Kryptowährungsbeständen in Höhe von insgesamt 40,2 Millionen C$ (29,8 Millionen USD).
Zu den jüngsten Entwicklungen gehören die Einführung eines Ethereum Physical Staking ETP an der London Stock Exchange, die Einreichung eines Formulars 40-F bei der SEC für eine potenzielle Nasdaq-Listung, die Ankündigung eines Crypto Investor Day in New York City und die Partnerschaft mit Professional Capital Management zur Erschließung des US-ETF-Marktes. Diese Initiativen unterstreichen das Engagement von DeFi Technologies, traditionelle Finanzen mit dezentralen Finanzen zu verbinden.
- 49% increase in AUM year-to-date, reaching C$757 million (US$561 million)
- Net inflows of C$8.2 million (US$6.1 million) in September
- Strong cash position of C$19.7M (US$14.6M)
- Diverse cryptocurrency holdings valued at C$40.2M (US$29.8M)
- Launch of Ethereum Physical Staking ETP on London Stock Exchange
- Filing of Form 40-F with SEC for potential Nasdaq listing
- Partnership to enter U.S. ETF market
- None.
- AUM & Continued Month-over-Month Inflows: Valour Inc. reported
C ($757 million US ) in AUM as of September 30, 2024, a$561 million 49% increase year-to-date, driven byC ($8.2 million US ) in net inflows for September. Key products, including Valour Solana SEK, Valour Near SEK, and Valour ETH Zero SEK, contributed to this strong performance, highlighting growing investor confidence in Valour's innovative digital asset ETPs.$6.1 million - Strong Financial Position: September 30, 2024 cash and USDT balance stood at approximately
C ($19.7M US ) with current loans payable at approximately$14.6M C ($13.5M US ). The Company also purchased and holds 204.3 BTC, and diversified its treasury holdings with 81.3 ETH, 246,683 ADA, 86,616 DOT,$10M 5,745 SOL , 491 UNI, 433,322 AVAX and 2,755,203 CORE tokens, totaling approximatelyC ($40.2M US ) as of September 30, 2024.$29.8M
In September alone, Valour saw net inflows of
Key Products Driving Inflows:
The products contributing to this exceptional performance include:
- VALOUR SOLANA SEK:
C ($3,314,468 US )$2,442,641 - VALOUR NEAR SEK:
C ($1,154,688 US )$850,963 - VALOUR ETH ZERO SEK:
C ($923,036 US )$680,244 - VALOUR AVALANCHE AVAX SEK:
C ($882,288 US )$650,214 - VALOUR CARDANO SEK:
C ($410,631 US )$302,620
These inflows highlight Valour's leadership in providing access to diverse digital assets.
The Company maintains a strong financial position with a cash balance of approximately
Recent Strategic Developments from September include:
DeFi Technologies Subsidiary Valour launches Asset-backed Ethereum Physical Staking ETP for Professional Investors on the London Stock Exchange
Valour Digital Securities Limited launched its first asset-backed Ethereum Physical Staking exchange traded product ("ETP") on the London Stock Exchange, giving professional investors secure, direct access to Ethereum and staking rewards. The non-leveraged ETP is backed by Ethereum held in cold storage by regulated custodians. This launch underscores Valour's role in integrating traditional finance with DeFi, enabling institutional investors to engage with digital assets through regulated financial products.
DeFi Technologies Files Form 40-F with the SEC
The Company filed a Form 40-F Registration Statement ("Form 40-F") with the United States Securities and Exchange Commission (the "SEC"), in connection with its application to list its common shares ("Shares") on The Nasdaq Stock Market LLC (the "Nasdaq"). The listing of the Company's common shares on the Nasdaq remains subject to the approval of the Nasdaq and the satisfaction of all applicable listing and regulatory requirements, including the Form 40-F being declared effective by the SEC. The Company will continue to maintain the listing of its Shares on the Cboe Canada Exchange.
DeFi Technologies Subsidiary Reflexivity Research Announces Inaugural Crypto Investor Day in
DeFi Technologies' subsidiary Reflexivity Research will host its first Crypto Investor Day on October 25th, 2024, in
DeFi Technologies and Professional Capital Management Partners to Enter
DeFi Technologies and Anthony Pompliano's Professional Capital Management have partnered to target the fast-growing
About DeFi Technologies
DeFi Technologies Inc. (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF) is a financial 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 revolutionising the way individuals and institutions interact with the evolving financial ecosystem. Follow DeFi Technologies on Linkedin and Twitter, and for more details, visit https://defi.tech/
About Valour
Valour Inc. and Valour Digital Securities Limited (together, "Valour") issues exchange traded products ("ETPs") that enable retail and institutional investors to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business line of DeFi Technologies Inc. (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF).
In addition to their novel physical backed digital asset platform, which includes 1Valour Bitcoin Physical Carbon Neutral ETP, 1Valour Ethereum Physical Staking, and 1Valour Internet Computer 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), Toncoin (TON), Internet Computer (ICP), Chainlink (LINK) Enjin (ENJ), Valour Bitcoin Staking (BTC), Bitcoin Carbon Neutral (BTCN), Valour Digital Asset Basket 10 (VDAB10) and 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip 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 about Valour, to subscribe, or to receive updates, 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 growth of AUM; the Crypto Investor Day held by Reflexivity Research; investor confidence in Valour's ETPs; filing of the Form 40-F and listing of the Shares on Nasdaq; investor interest and confidence in digital assets; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by the Company 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.
THE CBOE
View original content to download multimedia:https://www.prnewswire.com/news-releases/defi-technologies-provides-monthly-corporate-update-subsidiary-valour-reports-assets-under-management-at-c757-million-us561-million-up-49-this-fiscal-year-and-net-inflows-of-c8-2-million-us6-1-million-in-september-amo-302269758.html
SOURCE DeFi Technologies Inc.
FAQ
What was Valour's AUM as of September 30, 2024 for DEFTF?
How much did Valour's AUM increase year-to-date for DEFTF?
What were the net inflows for Valour in September 2024 for DEFTF?
What new product did Valour launch on the London Stock Exchange in September 2024?
What regulatory filing did DeFi Technologies make with the SEC in September 2024?
