STOCK TITAN

DEFI TECHNOLOGIES INC - DEFTF STOCK NEWS

Welcome to our dedicated page for DEFI TECHNOLOGIES news (Ticker: DEFTF), a resource for investors and traders seeking the latest updates and insights on DEFI TECHNOLOGIES stock.

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.

Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.58%
Tags
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.05%
Tags
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.27%
Tags
none
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.03%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
Tags
conferences
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.58%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.59%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.2%
Tags
none
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.72%
Tags
none

FAQ

What is the current stock price of DEFI TECHNOLOGIES (DEFTF)?

The current stock price of DEFI TECHNOLOGIES (DEFTF) is $3.01 as of December 26, 2024.

What is the market cap of DEFI TECHNOLOGIES (DEFTF)?

The market cap of DEFI TECHNOLOGIES (DEFTF) is approximately 875.2M.

What is DeFi Technologies Inc. known for?

DeFi Technologies Inc. is a financial technology company that leads the convergence of traditional capital markets with decentralized finance (DeFi).

What recent engagement did DeFi Technologies Inc. announce?

DeFi Technologies Inc. announced the engagement of Liquid Advisors, Inc. to facilitate the cross-listing of its common shares on a US securities exchange.

What is the DeFi Alpha trading desk launched by DeFi Technologies Inc.?

DeFi Alpha is a specialized arbitrage trading desk by DeFi Technologies Inc. that focuses on low-risk opportunities in the crypto ecosystem and has generated substantial returns.

Why did DeFi Technologies Inc. initiate a Normal Course Issuer Bid?

DeFi Technologies Inc. initiated a Normal Course Issuer Bid to buy back common shares because the management believes the market price may not reflect the company's underlying value, making it an appropriate use of cash.

What does the engagement with Liquid Advisors signify for DeFi Technologies Inc.?

The engagement with Liquid Advisors reflects DeFi Technologies Inc.'s strategic commitment to growth, investor access, and expanding its presence in the capital market.

What is the current cash balance of DeFi Technologies Inc.?

The current cash balance of DeFi Technologies Inc. is approximately C$69.9 million (US$51 million).

Who coordinates and facilitates purchases under the Normal Course Issuer Bid for DeFi Technologies Inc.?

Ventum Financial Corp. has been appointed by DeFi Technologies Inc. to coordinate and facilitate purchases under the Normal Course Issuer Bid.

What is the focus of Reflexivity Research LLC?

Reflexivity Research LLC specializes in creating high-quality, in-depth research reports for the bitcoin and digital asset industry, empowering investors with valuable insights.

Where can one find more information about Valour Inc.?

For more information on Valour Inc., subscriptions, and updates, visit valour.com.

How does DeFi Technologies Inc. aim to revolutionize the financial ecosystem?

DeFi Technologies Inc. aims to provide widespread investor access to the future of finance by merging traditional capital markets with decentralized finance (DeFi).

DEFI TECHNOLOGIES INC

OTC:DEFTF

DEFTF Rankings

DEFTF Stock Data

875.22M
271.24M
11.88%
0.12%
Capital Markets
Financial Services
Link
United States of America
Toronto