DEFI TECHNOLOGIES INC - DEFTF STOCK NEWS

DeFi Technologies Inc. has successfully acquired Reflexivity Research LLC, a premier private research firm known for its high-quality, crypto-native research and significant client base. The acquisition involved the issuance of 5 million common shares of DeFi Technologies, subject to a 12-month lock-up schedule. This move aims to bridge traditional and decentralized finance, enhancing DeFi Technologies' role in the cryptocurrency market.

DeFi Technologies Inc.'s subsidiary, Valour Inc., maintains a strong AUM of C$497 million as of January 31, 2024, with robust net inflows, indicating growing investor confidence in digital assets. Valour recorded an average daily turnover of approximately C$7.1 million in January 2024, nearly matching the total turnover from the first four months of 2023, and saw a substantial inflow of approximately C$3.6 million into its Bitcoin ETP, signifying significant market engagement and growth.

DeFi Technologies Inc. is hosting a corporate webinar to provide an overview and update on the company's strategic outlook. The webinar will feature insights from the CEO, Chief of Capital Markets, and the co-founder of Reflexivity Research LLC. DeFi Technologies aims to enable traditional investors to participate in digital assets through regulated equity instruments and is the parent company of Valour Inc, an issuer of exchange-traded products tracking digital asset performance across leading European stock exchanges.

DeFi Technologies' subsidiary, Valour Inc., collaborates with The Hashgraph Association to launch a physically backed Exchange Traded Product (ETP) for HBAR, the native cryptocurrency of the Hedera DLT network. This expansion of physically backed ETPs demonstrates Valour's commitment to providing institutional investors with simplified access to digital assets. The collaboration with The Hashgraph Association and Bitcoin Suisse aims to broaden market accessibility for cryptocurrencies on traditional exchanges like XETRA. Hedera, governed by a council of Fortune 500 enterprises and prestigious universities, is notable for its energy-efficient Proof-of-Stake (PoS) consensus mechanism. The network's native currency, HBAR, has a market cap of $2.5 Billion and ranks amongst the top 40 cryptocurrencies globally.

DeFi Technologies Inc. (DEFI) announces the signing of a binding letter of intent to acquire Reflexivity Research LLC, a premier private research firm specializing in producing cutting-edge research reports for the cryptocurrency industry. The acquisition will reinforce DeFi Technologies' role as a bridge between traditional and decentralized finance, offering valuable insights and intelligence to its clientele. Pursuant to the LOI, DeFi Technologies will acquire Reflexivity Research in return for 5 million common shares of DeFi Technologies.

Valour Inc. (NEO: DEFI) sets new record with C$530.9 million in Assets Under Management (AUM) on January 2, 2024. Achieved a 217% gain in AUM for the year, with C$507.2 million at year-end. Daily average turnover of C$8.1 million in December and all-time net sales of C$521.9 million showcase Valour's strong performance in the digital assets market.

DeFi Technologies Inc. (NEO: DEFI) has completed an agreement to acquire intellectual property central to the Solana blockchain, including advanced features crucial for growth. The acquisition aligns with the company's strategic goal to enhance its presence in the Solana ecosystem. Solana is a cornerstone in Valour Inc.'s asset management, leading the company's Assets Under Management with over C$168.8 million.

Valour Inc. (NEO: DEFI) (GR: MB9) (OTC: DEFTF) reached impressive financial milestones in 2023, with assets under management exceeding $421 million CAD and a notable daily turnover of over $13.6 million CAD on December 8th. The company was also honored at the XENIX ETF AWARDS Germany 2024 for the 'Most Innovative Bitcoin Tracker ETP including CO2 compensation', highlighting its commitment to innovative and sustainable financial solutions.

DeFi Technologies Inc. (NEO: DEFI) (GR: R9B) (OTC: DEFTF) announces its participation in Singular Research's Best of the Uncovereds conference in San Francisco on December 7, 2023. The event will feature innovative companies, and DeFi Technologies will present its latest developments and strategic direction at 1:00 PM PST.