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DeFi Technologies' Subsidiary Valour Inc. Reaches Record C$883 Million (US$633 Million) in AUM post US Election (and record BTC prices), Up Over 73% This Fiscal Year, with Net Sales of ETP Products Exceeding C$120 Million (US$86 Million) Over the Past 12 Months

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DeFi Technologies' subsidiary Valour has achieved record assets under management (AUM) of C$883 million (US$633 million), marking a 73% increase this fiscal year. Net sales of ETP products exceeded C$120 million over the past 12 months. The company has expanded to 28 ETPs and aims for 40 by year-end, with plans for 100 ETPs by 2025. The company's DeFi Alpha Strategy generated C$113.8 million in Q2 and C$19.3 million in Q3. As of October 31, 2024, the company holds C$12.9 million in cash/USDT and maintains a digital asset treasury valued at C$43.6 million.

La controllata di DeFi Technologies, Valour, ha raggiunto un record di attivi sotto gestione (AUM) di C$883 milioni (US$633 milioni), segnando un aumento del 73% in questo anno fiscale. Le vendite nette dei prodotti ETP hanno superato i C$120 milioni nell'ultimo anno. L'azienda si è espansa a 28 ETP e punta a raggiungere 40 entro fine anno, con piani per arrivare a 100 ETP entro il 2025. La strategia DeFi Alpha dell'azienda ha generato C$113,8 milioni nel secondo trimestre e C$19,3 milioni nel terzo trimestre. A partire dal 31 ottobre 2024, l'azienda detiene C$12,9 milioni in contante/USDT e mantiene un tesoro di asset digitali valutato C$43,6 milioni.

La subsidiaria de DeFi Technologies, Valour, ha alcanzado un récord de activos bajo gestión (AUM) de C$883 millones (US$633 millones), marcando un aumento del 73% en este año fiscal. Las ventas netas de productos ETP superaron los C$120 millones en los últimos 12 meses. La compañía se ha expandido a 28 ETP y tiene como objetivo llegar a 40 para fin de año, con planes de alcanzar 100 ETP para 2025. La estrategia DeFi Alpha de la compañía generó C$113.8 millones en el segundo trimestre y C$19.3 millones en el tercer trimestre. A partir del 31 de octubre de 2024, la compañía tiene C$12.9 millones en efectivo/USDT y mantiene un tesoro de activos digitales valorado en C$43.6 millones.

DeFi Technologies의 자회사인 Valour는 C$883 백만(US$633 백만)의 기록적인 운용 자산(AUM)을 달성하여 이번 회계 연도에 73% 증가를 기록했습니다. ETP 제품의 순 판매는 지난 12개월 동안 C$120 백만을 초과했습니다. 회사는 28개의 ETP로 확장했으며, 연말까지 40개, 2025년까지 100개 ETP 목표를 가지고 있습니다. 회사의 DeFi Alpha 전략은 2분기에 C$113.8 백만, 3분기에 C$19.3 백만을 생성했습니다. 2024년 10월 31일 현재, 회사는 C$12.9 백만의 현금/USDT를 보유하고 있으며 C$43.6 백만의 디지털 자산 금고를 유지하고 있습니다.

La filiale de DeFi Technologies, Valour, a atteint un record de fonds sous gestion (AUM) de C$883 millions (US$633 millions), marquant une augmentation de 73% cette année fiscale. Les ventes nettes de produits ETP ont dépassé C$120 millions au cours des 12 derniers mois. La société s'est étendue à 28 ETP et vise 40 d'ici la fin de l'année, avec des plans pour atteindre 100 ETP d'ici 2025. La stratégie DeFi Alpha de la société a généré C$113,8 millions au deuxième trimestre et C$19,3 millions au troisième trimestre. Au 31 octobre 2024, la société détient C$12,9 millions en espèces/USDT et maintient un trésor d'actifs numériques d'une valeur de C$43,6 millions.

Die Tochtergesellschaft von DeFi Technologies, Valour, hat mit C$883 Millionen (US$633 Millionen) einen Rekord an Assets under Management (AUM) erreicht, was einem 73% Anstieg in diesem Geschäftsjahr entspricht. Die Nettoumsätze mit ETP-Produkten überstiegen in den letzten 12 Monaten C$120 Millionen. Das Unternehmen hat sich auf 28 ETPs erweitert und strebt bis Jahresende 40 an, mit Plänen für 100 ETPs bis 2025. Die DeFi Alpha Strategie des Unternehmens erzielte im 2. Quartal C$113,8 Millionen und im 3. Quartal C$19,3 Millionen. Stand 31. Oktober 2024 hält das Unternehmen C$12,9 Millionen in Bargeld/USDT und verwaltet einen digitalen Vermögensschatz im Wert von C$43,6 Millionen.

Positive
  • Record AUM of C$883 million, up 73% this fiscal year
  • Strong ETP net sales exceeding C$120 million in past 12 months
  • DeFi Alpha Strategy generated C$113.8M in Q2 and C$19.3M in Q3
  • Digital asset treasury valued at C$43.6 million
  • Cash and USDT holdings of C$12.9 million
  • Successfully eliminated outstanding debt with C$5.5 million repayment
Negative
  • Q3 revenue from DeFi Alpha Strategy decreased significantly compared to Q2 (C$19.3M vs C$113.8M)
  • Valour. Reaches Record AUM Growth: Valour., a subsidiary of DeFi Technologies, has reached a record AUM of C$883 million (US$633 million), marking a 73% increase this fiscal year. This growth is fueled by strong investor demand, with net sales exceeding C$120 million (US$86 million) over the past 12 months, and an increase in overall digital asset prices.

  • Product Expansion and Market Reach: Valour is expanding its product lineup, currently offering 28 ETPs and aiming to reach 40 by year-end, with plans to grow to 100 ETPs by the end of 2025. Valour is also actively pursuing regulatory approval to enter markets in North Africa, the Middle East, and additional emerging regions to meet global demand for regulated digital asset products.

  • Q3 2024 Financial Results: DeFi Technologies will release Q3 2024 financial results on Thursday, November 14, 2024 after market close, and hold a shareholder call on Monday, November 18, 2024. The time and further details will follow.

TORONTO, Nov. 7, 2024 /PRNewswire/ - DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (CBOE CA: DEFI) (GR: RB9) (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., and Valour Digital Securities Limited (together, "Valour"), a leading issuer of exchange traded products ("ETPs") has achieved a record high in assets under management ("AUM"), reaching C$883 million (US$633 million) as of November 5, 2024. This represents a 73% increase this fiscal year.

Valour's AUM expansion is driven by high demand for its regulated ETP solutions, with net sales exceeding C$120 million (US$86 million) over the past 12 months and benefiting from digital asset price appreciation. This impressive growth reflects rising investor interest and confidence in digital assets, as Valour's ETP solutions provide regulated exposure to the digital asset market.

Aligned with this growth, Valour has expanded its product lineup to 28 ETPs and aims to reach 40 by year-end, with plans to launch 100 ETPs by the end of 2025. Valour is also actively pursuing regulatory approval to expand its offerings into North Africa, the Middle East, and other emerging markets to meet the growing demand for regulated digital asset products.

Olivier Roussy Newton, CEO of DeFi Technologies, commented, "Reaching this AUM milestone is a testament to the increasing confidence in our innovative investment solutions and the broader digital asset market. We are still in the early stages of our growth journey, and with the momentum we're seeing in market demand, we anticipate even stronger tailwinds propelling us forward. Our focus remains on expanding access to regulated digital asset products, and we're excited to build on this foundation in the months and years ahead."

DeFi Alpha Strategy

The Company is currently assessing multiple arbitrage opportunities, having generated C$113.8 million (US$83.4 million) in Q2 and C$19.3 million (US$14.1 million) in Q3 with zero losses to date. This strategy has strengthened the Company's financial position, enabling debt repayment and supporting the deployment of a digital asset treasury strategy.

DeFi Technologies remains financially robust, with cash and USDT holdings of approximately C$12.9 million (US$9.3 million) as of October 31, 2024, primarily due to a recent debt repayment of C$5.5 million (US$4 million), which allowed Valour to eliminate its outstanding debt. The Company has also expanded its digital asset treasury, now holding a diversified portfolio valued at approximately C$43.6 million (US$31.4 million) as of October 31, 2024. This portfolio includes 208.8 BTC, 121 ETH, 496,683 ADA, 111,616 DOT, 13,175 SOL, 490.5 UNI, 433,322 AVAX, and 2,935,203 CORE tokens.

DeFi Technologies and Valour continue to lead the evolving digital asset market, advancing the mainstream adoption of digital assets through regulated, secure, and accessible investment products.

Q3 2024 Financial Results

The Company also announces that it will release its Q3 2024 financial results on Thursday, November 14, 2024, after market close, and hold a shareholder call on Monday, November 18, 2024.  The time and further details will follow.

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), Sui (SUI), Bittensor (TAO), 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; development and listing of ETPs; identification and execution of DeFi Alpha trading opportunitites; digital asset treasury strategy of the Company;  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 digital asset sector; rules and regulations with respect to decentralised finance and digital assets; 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

 

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SOURCE DeFi Technologies Inc.

FAQ

What is DeFi Technologies' (DEFTF) current AUM as of November 2024?

DeFi Technologies' subsidiary Valour reached a record AUM of C$883 million (US$633 million) as of November 5, 2024.

How much revenue did DEFTF generate from its DeFi Alpha Strategy in Q2 and Q3 2024?

The DeFi Alpha Strategy generated C$113.8 million in Q2 and C$19.3 million in Q3 2024, with zero losses reported.

What is the value of DEFTF's digital asset treasury as of October 31, 2024?

DeFi Technologies' digital asset treasury was valued at approximately C$43.6 million (US$31.4 million) as of October 31, 2024.

When will DEFTF release its Q3 2024 financial results?

DeFi Technologies will release its Q3 2024 financial results on Thursday, November 14, 2024, after market close.

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