DeFi Technologies Subsidiary Valour Inc. Announces Rebalancing of the Valour Digital Asset Basket 10 (VDAB10) and the STOXX Bitcoin Suisse Index
DeFi Technologies' subsidiary Valour Inc. has rebalanced its Valour Digital Asset Basket 10 (VDAB10) and the STOXX Bitcoin Suisse Index, effective August 1, 2024. The VDAB10 rebalancing saw Solana (SOL) increase from 9.85% to 12.13%. The top constituents remain Bitcoin (30%) and Ethereum (30%), followed by Binance Coin (12.30%) and Solana (12.13%).
In July, the VDAB10 SEK rose by 6.77% and the VDAB10 EUR by 4.53%. The STOXX Bitcoin Suisse Index rebalancing, effective June 21, 2024, now includes Solana with an 18.43% allocation. The index showed a 7.76% performance increase in July. These updates reflect Valour's commitment to offering transparent, rule-based ETPs that track the evolving digital asset market.
La sussidiaria di DeFi Technologies, Valour Inc., ha riaggiustato il suo Valour Digital Asset Basket 10 (VDAB10) e l'Indice STOXX Bitcoin Suisse, con decorrenza dal 1° agosto 2024. Il ribilanciamento del VDAB10 ha visto Solana (SOL) aumentare dal 9,85% al 12,13%. I principali componenti rimangono Bitcoin (30%) ed Ethereum (30%), seguiti da Binance Coin (12,30%) e Solana (12,13%).
A luglio, il VDAB10 SEK è aumentato del 6,77% e il VDAB10 EUR del 4,53%. Il riaggiustamento dell'indice STOXX Bitcoin Suisse, in vigore dal 21 giugno 2024, include ora Solana con un'allocazione del 18,43%. L'indice ha mostrato un aumento delle prestazioni del 7,76% a luglio. Questi aggiornamenti riflettono l'impegno di Valour nell'offrire ETP trasparenti e basati su regole che tracciano l'evoluzione del mercato degli asset digitali.
La subsidiaria de DeFi Technologies, Valour Inc., ha reajustado su Valour Digital Asset Basket 10 (VDAB10) y el Índice STOXX Bitcoin Suisse, efectivo desde el 1 de agosto de 2024. El reajuste del VDAB10 vio aumentar a Solana (SOL) del 9.85% al 12.13%. Los principales componentes siguen siendo Bitcoin (30%) y Ethereum (30%), seguidos por Binance Coin (12.30%) y Solana (12.13%).
En julio, el VDAB10 SEK aumentó un 6.77% y el VDAB10 EUR un 4.53%. El reajuste del Índice STOXX Bitcoin Suisse, efectivo desde el 21 de junio de 2024, ahora incluye a Solana con una asignación del 18.43%. El índice mostró un aumento en el rendimiento del 7.76% en julio. Estas actualizaciones reflejan el compromiso de Valour de ofrecer ETPs transparentes y basados en reglas que rastrean el mercado en evolución de activos digitales.
DeFi Technologies의 자회사 Valour Inc.는 Valour 디지털 자산 바스켓 10(VDAB10) 및 STOXX Bitcoin Suisse 지수를 2024년 8월 1일부로 리밸런싱했습니다. VDAB10 리밸런싱에서 Solana(SOL)가 9.85%에서 12.13%로 증가했습니다. 주요 구성 요소는 여전히 Bitcoin(30%)과 Ethereum(30%)이며, 그 위에 Binance Coin(12.30%)과 Solana(12.13%)가 있습니다.
7월에는 VDAB10 SEK가 6.77% 상승했고, VDAB10 EUR는 4.53% 상승했습니다. STOXX Bitcoin Suisse 지수 리밸런싱은 2024년 6월 21일부터 시행되며, 이제 Solana가 18.43% 할당으로 포함되어 있습니다. 이 지수는 7월에 7.76%의 성과 증가를 보였습니다. 이러한 업데이트는 Valour가 진화하는 디지털 자산 시장을 추적하는 투명하고 규칙 기반의 ETP를 제공하겠다는 약속을 반영합니다.
La filiale de DeFi Technologies, Valour Inc., a rééquilibré son Valour Digital Asset Basket 10 (VDAB10) et l'Indice STOXX Bitcoin Suisse, à compter du 1er août 2024. Le rééquilibrage du VDAB10 a vu Solana (SOL) passer de 9,85 % à 12,13 %. Les principaux composants restent Bitcoin (30 %) et Ethereum (30 %), suivis de Binance Coin (12,30 %) et Solana (12,13 %).
En juillet, le VDAB10 SEK a augmenté de 6,77 % et le VDAB10 EUR de 4,53 %. Le rééquilibrage de l'Indice STOXX Bitcoin Suisse, qui a pris effet le 21 juin 2024, inclut désormais Solana avec une allocation de 18,43 %. L'indice a enregistré une augmentation de 7,76 % en juillet. Ces mises à jour reflètent l'engagement de Valour à offrir des ETP transparents et basés sur des règles qui suivent l'évolution du marché des actifs numériques.
Die Tochtergesellschaft von DeFi Technologies, Valour Inc., hat ihren Valour Digital Asset Basket 10 (VDAB10) und den STOXX Bitcoin Suisse Index zum 1. August 2024 neu gewichtet. Bei der Neuwichtung des VDAB10 stieg Solana (SOL) von 9,85% auf 12,13%. Die wichtigsten Bestandteile bleiben Bitcoin (30%) und Ethereum (30%), gefolgt von Binance Coin (12,30%) und Solana (12,13%).
Im Juli stieg der VDAB10 SEK um 6,77% und der VDAB10 EUR um 4,53%. Die Neuwertung des STOXX Bitcoin Suisse Index, die am 21. Juni 2024 in Kraft trat, umfasst nun Solana mit einem Anteil von 18,43%. Der Index zeigte im Juli einen Leistungszuwachs von 7,76%. Diese Aktualisierungen spiegeln Valours Engagement wider, transparente und regelbasierte ETPs anzubieten, die den sich entwickelnden Markt für digitale Vermögenswerte verfolgen.
- Solana's allocation in VDAB10 increased from 9.85% to 12.13%, indicating growing market confidence
- VDAB10 SEK and EUR showed positive performance in July, with 6.77% and 4.53% increases respectively
- STOXX Bitcoin Suisse Index included Solana with an 18.43% allocation, diversifying the portfolio
- STOXX Bitcoin Suisse Index showed a 7.76% performance increase in July
- None.
TORONTO, Aug. 12, 2024 (GLOBE NEWSWIRE) -- DeFi Technologies Inc. (the “Company” or “DeFi Technologies”) (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi”), is pleased to announce that its subsidiary Valour Inc. (“Valour”), a leading issuer of exchange traded products (“ETPs”) that provide simplified access to digital assets, has rebalanced its Valour Digital Asset Basket 10 (“VDAB10”) EUR and SEK baskets, effective August 1, 2024. This rebalancing reflects the latest shifts in the digital asset landscape, with Solana (“SOL”) seeing a notable increase in its allocation from
The VDAB10 ETP tracks the performance of the top 10 largest digital assets based on market capitalization, with a cap of
- Bitcoin (BTC):
30% - Ethereum (ETH):
30% - Binance Coin (BNB):
12.30% - Solana (SOL):
12.13% - XRP (XRP):
5.07% - Dogecoin (DOGE):
2.73% - Toncoin (TON):
2.53% - Cardano (ADA):
2.14% - Avalanche (AVAX):
1.64% - Shiba Inu (SHIB):
1.45%
For July, the VDAB10 SEK recorded a performance increase of
In addition, Valour Inc. announces the quarterly rebalancing of the STOXX Bitcoin Suisse Index, effective June 21, 2024. The new weights for this basket are:
- Bitcoin (BTC):
30% - Ethereum (ETH):
30% - Solana (SOL):
18.43% - XRP (XRP):
6.95% - Cardano (ADA):
3.83% - Avalanche (AVAX):
3.43% - Chainlink (LINK):
2.62% - Tron (TRX):
2.37% - Polygon (MATIC):
1.56% - Cosmos (ATOM):
0.81%
The inclusion of Solana in the STOXX Bitcoin Suisse Index is a significant milestone. Loris Voneschen, Head of Index Business at Bitcoin Suisse, commented, “We are pleased to announce the inclusion of Solana in the STOXX Digital Asset Blue Chip Index, acknowledging its exceptional on-chain metrics driven by recent adoption. To qualify for the Index, protocols must outperform sector peers across all metrics defined by the rigorous, rule-based methodology, incorporating the Bitcoin Suisse Global Crypto Taxonomy.”
For July, the STOXX Bitcoin Suisse Index showed a performance increase of
These updates underscore Valour’s commitment to offering transparent, rule-based ETPs that meet the evolving needs and interests of investors, further affirming Valour Inc.’s role in enabling retail and institutional investors to access digital assets simply and securely through their traditional bank accounts.
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. Join DeFi Technologies’ digital community 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), Near (NEAR), Avalanche (AVAX), Cosmos (ATOM), Binance (BNB), Ripple (XRP), Toncoin (TON), Internet Computer (ICP), Chainlink (LINK), Core (CORE), Enjin (ENJ), Valour Bitcoin Staking (BTC), Bitcoin Carbon Neutral (BTCN), Hedera (HBAR), 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 on Valour, to subscribe, or to receive 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 composition of the VDAB10; performance of the VDAB10; 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 CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
For further information, please contact:
Olivier Roussy Newton
Chief Executive Officer
ir@defi.tech
(323) 537-7681
FAQ
What changes were made to the Valour Digital Asset Basket 10 (VDAB10) in the August 2024 rebalancing?
How did the VDAB10 perform in July 2024 for DeFi Technologies (DEFTF)?
What major change occurred in the STOXX Bitcoin Suisse Index rebalancing for DeFi Technologies (DEFTF) in June 2024?
What was the performance of the STOXX Bitcoin Suisse Index in July 2024 for DeFi Technologies (DEFTF)?
