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DeFi Technologies Inc. (DEFTF) is a financial technology company at the forefront of merging traditional capital markets with decentralized finance (DeFi). The company recently engaged Liquid Advisors, Inc. to facilitate its cross-listing on a US securities exchange, demonstrating its commitment to growth and investor access. DeFi Technologies also launched DeFi Alpha, a specialized arbitrage trading desk that has already generated significant returns. The company further announced a Normal Course Issuer Bid to buy back common shares, signaling its confidence in its business value and prospects.
DeFi Technologies Inc. (OTC: DEFTF) announces a shareholder call scheduled for April 6, 2021, at 4:15 p.m. EST to discuss its robust financial performance for the fiscal year ending December 31, 2021. The call will be led by Executive Chairman & CEO Russell Starr. DeFi Technologies focuses on bridging traditional capital markets with decentralized finance, aiming to boost investor access to innovative technologies. The company encourages shareholder participation in their ongoing efforts to tap into the growing decentralized finance ecosystem.
DeFi Technologies announced strong financial performance for the year ending December 31, 2021, reporting total revenue of $15.1 million, a 411% year-over-year increase. The company experienced a net loss of $71.5 million due to significant expenses. Key highlights include assets under management reaching $363 million through its subsidiary Valour Inc., which launched various exchange-traded products (ETPs) including Bitcoin and Ethereum ETPs. The positive cash position includes $9.2 million in cash and $459.7 million total assets.
DeFi Technologies Inc. (OTC: DEFTF) reported that its subsidiary, Valour Inc., surpassed US$274 million in assets under management (AUM) as of March 29. Valour has experienced a remarkable 205% increase in net sales, reaching over $324.5 million in March 2022, compared to $106.3 million in May 2021. The company launched two new products, Valour Avalanche and Valour Terra, and expects further growth through a joint venture with SEBA Bank AG. Valour's ETPs offer low to zero management fees and are available across four European exchanges.
DeFi Technologies announced the listing of two digital asset exchange-traded products, Valour Terra (LUNA) and Valour Avalanche (AVAX), on the Frankfurt Stock Exchange on March 25, 2022. These ETPs join existing products like Bitcoin Zero and Ethereum Zero, offering investors a low-cost way to access digital assets. LUNA and AVAX are among the top cryptocurrencies by market capitalization, valued at $33.2 billion and $22.7 billion, respectively. The company aims to meet the growing demand for regulated investment vehicles in the decentralized finance sector.
DeFi Technologies has announced that its subsidiary, Valour, has established a special purpose vehicle (SPV) to enhance the distribution of its digital asset-backed product program. This SPV will facilitate access to institutional clients and enable a wider range of digital asset products across Europe. Valour offers competitively priced, fully hedged digital asset Exchange Traded Products (ETPs) with listings on multiple European exchanges, aiming to become a leading provider in this sector.
DeFi Technologies Inc. (OTC: DEFTF), a tech company focusing on decentralized finance, announced that Executive Chairman & CEO Russell Starr will speak at several upcoming conferences. Key dates include:
- March 25-27: CEM Alpha North
- May 16-17: AIM Summit
- May 23-26: H.C. Wainwright Global Investment Conference
- June 7-9: LD Micro Invitational XII
For inquiries or to schedule meetings, contact the IR team via ir@defi.tech. Learn more at defi.tech.
DeFi Technologies, through its subsidiary Valour, reported strong investor interest in the Valour Terra (LUNA) ETP following its listing on the Nordic Growth Market on February 28, 2022. After just one week, the ETP managed to accumulate total assets of US$1,037,000. Valour's CEO noted the quick adaptation of Nordic investors to the ETP, highlighting the launch as evidence of the company's innovative capabilities in the digital asset space. The Valour Terra ETP tracks the performance of LUNA, a leading cryptocurrency with a market cap of US$36.1 billion.
DeFi Technologies Inc. announces the appointment of John Sjöberg as Chief Information Officer (CIO) of its subsidiary, Valour Inc.. With 16 years of experience at the Swedish stock exchange, NGM, Mr. Sjöberg will drive Valour's growth and product expansion internationally. Valour issues low-fee digital asset exchange traded products, enhancing retail investor access to cryptocurrencies. CEO Tommy Fransson highlights Mr. Sjöberg's expertise in IT infrastructure as a key asset for Valour’s development. This strategic move positions Valour to capitalize on the growing digital asset market.
DeFi Technologies announced a collaboration with SEBA Bank AG to launch investment solutions in crypto assets. The first product will be an asset-backed product targeting the European market. This initiative builds on their previously established partnership and combines the regulated banking services of SEBA with the innovation of DeFi's subsidiary, Valour. The collaboration aims to enhance access for institutional and retail clients to digital assets, responding to the growing demand in the market.
DeFi Technologies Inc. (OTC: DEFTF) announced the launch of two new ETPs: Valour Terra (LUNA) SEK and Valour Avalanche (AVAX) SEK, which began trading on the Nordic Growth Market on February 28, 2022. These ETPs enable easy access for retail and institutional investors to the LUNA and AVAX tokens. Valour's offerings include fully hedged digital asset ETPs with low to zero management fees, expanding their product range into the growing decentralized finance sector. The company aims to bridge traditional capital markets and decentralized finance effectively.
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