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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.
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DeFi Technologies Inc. announces strong financial performance for Q4 2023, with notable growth in cash balance, venture portfolio investments, and AUM. Total revenues for Fiscal 2023 show a significant improvement compared to Fiscal 2022. The company's commitment to prudent financial management is evident from lower operating costs. Key partnerships and acquisitions highlight DeFi Technologies' strategic growth in the digital assets sector.
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DeFi Technologies Inc. (DEFTF) will conduct a shareholder call on April 4, 2024, to discuss its financial performance for the twelve-month period ending December 31, 2023. The Company's 2023 financials will be available on April 1, 2024.
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DeFi Technologies Inc. announces participation in Bitcoin Investor Day panel discussion featuring industry experts. The event aims to gather institutional investors and entrepreneurs for insightful discussions on Bitcoin's future in traditional finance.
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DeFi Technologies Inc. partners with Valour Inc., Bitcoin Suisse AG, and STOXX to launch the innovative 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP. The ETP offers diversified investment in top blue-chip digital assets through a rule-based passive index methodology, quarterly rebalancing, and a target weight cap of 30% for any single token.
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DeFi Technologies Inc. subsidiary Valour Inc. Achieves Record AUM of C$838 million, showing a 19.8% increase since February 28th and a significant 57.8% growth since the beginning of the year. The surge in AUM reflects strong demand for Valour's regulated digital asset products, including recently launched ETPs like Valour Internet Computer (ICP), Valour Ripple (XRP), and Valour Binance (BNB) ETPs.
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DeFi Technologies' subsidiary Reflexivity Research is hosting its inaugural Bitcoin Investor Day on March 22nd, 2024, in New York City. The event aims to bridge traditional finance with Bitcoin innovation, featuring speakers like Cathie Wood, Anthony Scaramucci, and Mike Novogratz.
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DeFi Technologies Inc. subsidiary Valour achieves record AUM of C$699.5 million, a 40.7% increase from the previous month, driven by strong market growth and investor confidence. Valour's Solana ETP contributes significantly to AUM and revenues, with net inflows of C$4.89 million in February.
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DeFi Technologies' subsidiary Valour achieves a record AUM of C$590 million, up from C$497 million, showing 18.7% growth. Valour launches Ripple (XRP) and Binance (BNB) ETPs on NGM exchange, catering to European investors' demand for diverse digital assets.
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DeFi Technologies Inc.'s subsidiary Valour achieves a record AUM of C$590 million, marking an 18.7% growth, while launching XRP and BNB ETPs on NGM exchange. The company plans to introduce more ETPs and release Q4 2023 financials soon.
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DeFi Technologies' subsidiary, Valour Inc., launches a physical backed Exchange Traded Product (ETP) for the Internet Computer Protocol (ICP) token, enabling investors to access the innovative Internet Computer ecosystem. The ICP token ranks among the top 20 cryptocurrencies globally, with a market capitalization of around $6 billion.
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FAQ
What is the current stock price of DEFI TECHNOLOGIES (DEFTF)?
The current stock price of DEFI TECHNOLOGIES (DEFTF) is $2.58 as of November 22, 2024.
What is the market cap of DEFI TECHNOLOGIES (DEFTF)?
The market cap of DEFI TECHNOLOGIES (DEFTF) is approximately 659.4M.
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
659.38M
265.49M
11.87%
0.1%
Capital Markets
Financial Services
United States of America
Toronto