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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect DeFi Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of DeFi Technologies's position in the market.
DeFi Technologies has announced the launch of its new business line, DeFi Alpha, which is a specialized arbitrage trading desk. This new desk has generated an additional C$59.2 million (US$43.4 million) in Q2 2024 from low-risk arbitrage trades, bringing the total to C$113.8 million (US$83.4 million). This significant contribution underscores the effectiveness of DeFi Alpha in identifying and capitalizing on arbitrage opportunities in the crypto market.
Additionally, DeFi Technologies has engaged Gold Standard Media for marketing services. This agreement, effective from May 13, 2024, is valued at US$500,000 and includes a grant of 1.5 million deferred share units. The new trading desk is aligned with DeFi Technologies' mission and complements its existing business lines, including asset management, venture investments, and infrastructure support for DeFi.
DeFi Technologies has engaged Liquid Advisors to aid in the cross-listing of its common shares on a US securities exchange. This strategic move aims to boost growth and broaden its market presence. Annemarie Tierney, founder of Liquid Advisors, brings substantial expertise in US securities laws and cross-border listings, having held positions at the SEC, NYSE, Nasdaq, and Skadden Arps. DeFi Technologies' CEO, Olivier Roussy Newton, highlighted the significance of this partnership for enhancing investor visibility and market liquidity.
DeFi Technologies (CBOE CA: DEFI, GR: R9B, OTC: DEFTF) will host a shareholder call on May 21, 2024, at 12:00 p.m. EDT to discuss its Q1 2024 financial results. The call will cover the company's performance for the quarter ending March 31, 2024. Interested parties must register for the webcast in advance. The company bridges the gap between traditional capital markets, Web3, and decentralized finance. Further details and registration are available via a provided link.
DeFi Technologies announced its Q1 2024 financial results, reporting record Operating Revenues of C$13.4 million and an Operating Net Income of C$5.3 million. The company's Assets Under Management (AUM) grew by 78.7%, reaching approximately C$908 million. The quarter saw strategic advancements, including the launch of multiple Exchange Traded Products (ETPs) by its subsidiary Valour Inc., and notable acquisitions such as Reflexivity Research The company forecasts annualized Operating Revenues of C$119 million for 2024, driven by ongoing AUM growth, new product launches, and integration of new acquisitions.
DeFi Technologies subsidiary, Valour Inc., has launched the world's first yield-bearing Bitcoin (BTC) ETP in collaboration with Core Foundation. This innovative product, trading under ISIN CH1213604536 on the Nordic Growth Market (NGM), offers investors a 5.65% yield with a 1.9% management fee.
The ETP leverages the Core blockchain's Satoshi Plus consensus mechanism, ensuring security and scalability. Investors can earn yield by delegating their Bitcoins to Core validators without the need to sell or trade their holdings. Yield is attributed to the Net Asset Value (NAV) daily.
Valour Bitcoin Staking (BTC) SEK ETP simplifies Bitcoin investment and maintains custodial control and security. This marks a significant milestone in digital asset investment, offering a novel way to earn returns on Bitcoin holdings.
DeFi Technologies Inc., a crypto technology company, featured in a syndicated broadcast covering its subsidiary Valour's AUM of C$748M, a 47.2% year-on-year increase. The broadcast highlights Valour's success in ETPs, with CEO Olivier Roussy Newton expressing optimism for future growth.
DeFi Technologies' subsidiary Valour Inc. launches groundbreaking ETPs for Internet Computer (ICP), Toncoin (TON), and Chainlink (LINK) in the Nordics. These ETPs provide unprecedented access to innovative ecosystems, with trading starting on May 10, 2024. The Valour ICP ETP tracks the ICP token, Valour TON ETP provides access to Toncoin, and Valour LINK ETP allows exposure to Chainlink. Reflexivity Research initiates coverage on TON, offering valuable insights for investors.
DeFi Technologies' subsidiary, Valour Inc., reports assets under management of C$748 million, up by 47.2% this fiscal year, with strong net inflows of C$6.6 million. Valour expands globally, launching a new trading desk in the UAE, introducing innovative ETPs in collaboration with the Core Foundation, and launching the first Short Spot Bitcoin ETP in the Nordics.
DeFi Technologies Inc. subsidiary Valour Inc. repaid US$19.5 million in loans using BTC and ETH collateral, eliminating monthly interest expenses of US$226,000. This strategic financial move will increase revenue generation by staking the released digital assets, showcasing Valour's financial health and capital management.
DeFi Technologies' subsidiary Valour Inc. has announced the rebalancing of the Valour Digital Asset Basket 10 (VDAB10) to include Toncoin and Shiba Inu Coin, reflecting changes in the top 10 digital assets by market capitalization. The VDAB10 ETP now offers exposure to emerging trends in the digital asset market, ensuring a transparent and rule-based approach for investors.
