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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.

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.

Rhea-AI Summary

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.

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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.

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-1.32%
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Rhea-AI Summary

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.

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-11.55%
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DeFi Technologies' subsidiary Valour Inc. launches the first Short Spot Bitcoin ETP in the Nordics, providing investors with a novel way to profit from or hedge against Bitcoin's price movements. The ETP is now trading on the Nordic Growth Market, offering strategic opportunities for portfolio management.
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1.56%
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DeFi Technologies Inc. and Valour collaborate with Core Foundation to launch innovative Bitcoin ETPs, including a Yield Bearing BTC ETP and a Core ETP, leveraging Core Chain's blockchain features. Valour to manage validator node on Core Blockchain and stake $100 million in BTC. The collaboration aims to redefine Bitcoin's utility as an investment opportunity within the digital asset ecosystem.
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-4.89%
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DeFi Technologies Inc.'s subsidiary, Valour Inc., opens a new trading desk in the UAE to enhance global accessibility to regulated digital assets. Valour plans to introduce 15 new ETP products in 2024 and 30 in 2025, aiming to capitalize on the region's dynamic financial landscape and affirm its leadership in innovation.
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4.21%
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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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-8.69%
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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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2.82%
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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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-1.04%
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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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-5.26%
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DEFI TECHNOLOGIES INC

OTC:DEFTF

DEFTF Rankings

DEFTF Stock Data

190.76M
268.86M
7.58%
0.06%
Securities and Commodity Exchanges
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United States of America
Toronto