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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 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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.48%
Tags
none
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.38%
Tags
none
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.38%
Tags
none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.96%
Tags
none
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Rhea-AI Summary
DeFi Technologies Inc. completes the acquisition of intellectual property central to the Solana blockchain, enhancing its presence in the Solana ecosystem. The acquired IP includes advanced features crucial for growth in blockchain technology. Solana is a cornerstone in Valour Inc.'s asset management. The acquisition marks a significant milestone in DeFi Technologies' expansion strategy, focusing on enhancing offerings in the Solana ecosystem.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.18%
Tags
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.46%
Tags
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.21%
Tags
none
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.75%
Tags
conferences
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9%
Tags
none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.27%
Tags
DEFI TECHNOLOGIES INC

OTC:DEFTF

DEFTF Rankings

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