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.
DeFi Technologies Inc. reports developments in financial technology for digital assets, with a business model that connects traditional capital markets and decentralized finance. News commonly covers Valour, its exchange-traded product platform for regulated access to digital assets, including new ETP listings, index and benchmark products such as the DEFT Valour Investment Opportunity Index, and commercial expansion in European and other international markets.
Company updates also address institutional partnerships, digital-asset research through Reflexivity Research, prime brokerage activity through Stillman Digital, quantitative and trading initiatives, financial results, capital-structure actions, governance matters and Nasdaq listing-compliance communications.
Valour Inc. has received approval for a renewed EU-base prospectus for its digital assets ETP-products from the Swedish regulator SFSA. For December 2022, Valour's total assets under management reached $77.88M, with net sales increasing to $340.7M, indicating robust interest in its products. The new prospectus allows for an expansion of ETP offerings, aiming to enhance investor access to digital assets alongside traditional investments. Valour captured nearly 10% of the digital-asset fund inflows of $433M over the past year.
Valour Inc. (OTCQB: DEFTF) announced that its ETP products have been listed on the independent platform MoneyMoon, recognized for its superior tracking performance. Valour's Crypto ETPs consistently outperform competitors across all time frames. MoneyMoon, a leading European comparison platform with over 75,000 monthly users, appreciated Valour for its low fees and exceptional performance. Valour offers a range of digital asset ETPs with low to zero management fees and operates across various European exchanges.
Valour Inc. (OTCQB: DEFTF) has partnered with Autostock, a Swedish trading platform, to introduce Coinbot Zero, an automated trading strategy that captures weekly movements in Bitcoin prices. This service will operate within the ISK or Kapitalförsäkring framework on Nordnet in Sweden. Key features include no management fees and precise tracking of Bitcoin's price via Valour Bitcoin Zero SEK. This partnership aims to enhance crypto adoption and democratize access to digital assets for Autostock clients.
Valour Inc. has successfully closed the second tranche of its non-brokered private placement financing, raising $132,400 through the sale of 662,000 Units at C$0.20 per Unit. Each Unit consists of one common share and one-half of a common share purchase warrant, with an exercise price of $0.30 for 24 months. All issued securities will have a hold period of four months and one day, pending NEO Exchange approval. The financing aims to enhance Valour's growth in decentralized finance.
Valour Inc. (OTCQB: DEFTF) announced the closing of the first tranche of its non-brokered private placement financing, raising $1,414,973 through the sale of 7,074,865 Units at C$0.20 each. Each unit includes one common share and a warrant to purchase another share at $0.30 within 24 months. A director purchased 2,500,000 Units, classified as a related party transaction. Valour clarified it has no direct exposure to FTX, although it holds $49,953 in venture portfolio tokens on the platform. The company plans to close a second tranche by November 21, 2022.
Valour Inc. reported total assets under management (AUM) of $112.85M for October 2022, with net sales reaching $339M. The company launched its 12th exchange traded product (ETP), the Valour Digital Asset Basket 10, as part of its strategy to merge traditional finance with decentralised finance. CEO Olivier Roussy Newton highlighted the company's growth amid macroeconomic challenges and outlined plans to expand in the DACH region. Valour also filed a new EU-base prospectus to enhance its offerings, which could lead to new investment products.
Valour Inc. has filed a new EU-base prospectus for approval with the Swedish regulator SFSA, aimed at enhancing its digital asset performance tracking securities. If approved, Valour plans to diversify its offerings by introducing various new index solutions, asset class mixes, and derivative features, such as leveraged investments. CEO Olivier Roussy Newton emphasized the goal of making digital assets accessible through innovative solutions. Valour already provides fully hedged digital asset ETPs with low management fees across European exchanges.
Valour Inc. (OTC: DEFTF) has launched its first multi-asset crypto ETP, the Valour Digital Asset Basket 10 Index (VDAB10), in partnership with Swedish index provider Vinter. The VDAB10 ETP tracks the top 10 largest crypto assets by market capitalization, capping any asset at 30%. Available for purchase on Boerse Frankfurt Zertifikate AG, it comes with a low management fee of 1.9%. This product aims to provide a diversified entry into the digital asset space for both retail and institutional investors.
Valour Inc. announces a non-brokered private placement financing of up to 25 million units at $0.20 per unit, aiming to raise gross proceeds of up to $5 million. Each unit will comprise one common share and one half of a warrant, allowing the purchase of an additional share at $0.30 for 24 months. The offering is expected to close around October 25, 2022, pending NEO Exchange approval. Proceeds will fund general corporate purposes. Investors should note potential risks associated with forward-looking information regarding DeFi and cryptocurrency.
Valour Inc. (OTC: DEFTF) appointed Olivier Roussy Newton as CEO, with Russell Starr returning to Head of Capital Markets. Roussy Newton, a co-founder, aims to accelerate growth, expand global reach, and strengthen governance. He previously led HIVE Blockchain Technologies, enhancing his qualifications. Starr emphasized Roussy Newton as a strategic choice amid challenging markets. With a focus on capital markets in North America, Starr has a proven track record in expanding Valour's product offerings across Europe. The changes are set to position Valour strongly within decentralized finance and traditional markets.