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.
FAQ
What is the current stock price of DEFI TECHNOLOGIES (DEFTF)?
The current stock price of DEFI TECHNOLOGIES (DEFTF) is $1.73 as of September 6, 2024.
What is the market cap of DEFI TECHNOLOGIES (DEFTF)?
The market cap of DEFI TECHNOLOGIES (DEFTF) is approximately 667.6M.
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).
