STOCK TITAN

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.

DeFi Technologies Inc. (DEFTF) is a financial technology company at the forefront of merging traditional capital markets with decentralized finance (DeFi). The company recently engaged Liquid Advisors, Inc. to facilitate its cross-listing on a US securities exchange, demonstrating its commitment to growth and investor access. DeFi Technologies also launched DeFi Alpha, a specialized arbitrage trading desk that has already generated significant returns. The company further announced a Normal Course Issuer Bid to buy back common shares, signaling its confidence in its business value and prospects.

Rhea-AI Summary

DeFi Technologies Inc. (OTC: DEFTF) aired an interview with CEO Russell Starr on The RedChip Money Report® on Bloomberg TV on Oct. 16, 2021. This program reaches approximately 73 million homes in the U.S., providing a platform for small-cap investment insights. DeFi Technologies aims to merge traditional capital markets with decentralized finance, emphasizing its mission to expand investor access to innovative technologies. The interview can be viewed on YouTube for further insights into the company’s direction and initiatives.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.97%
Tags
none
-
Rhea-AI Summary

DeFi Technologies Inc. (OTC: DEFTF) announced that its subsidiary, Valour Inc., has surpassed US$250 million in assets under management (AUM). This represents an impressive growth of over 2560% since January 2021, with an increase of more than US$40 million in the last month alone. Strong investor demand for digital asset exchange-traded products (ETPs), including the recently launched Valour Solana product, has contributed significantly to this growth. Valour aims to expand further with new product launches and listings on major exchanges.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.4%
Tags
none
-
Rhea-AI Summary

DeFi Technologies Inc. (OTC: DEFTF) announced an expansion of its management team, with Russell Starr becoming CEO, Diana Biggs as Chief Strategy Officer, and Johan Wattenstrom as COO. This move follows the company's acquisition of Valour Inc. and aims to enhance its growth trajectory in decentralized finance. The changes are expected to improve global reach and create new partnerships, a strategic response to rising interest in decentralized finance. The announcement was highlighted in a broadcast via NetworkNewsAudio for increased visibility.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.37%
Tags
none
Rhea-AI Summary

DeFi Technologies announced the appointment of Diana Biggs as Chief Strategy Officer and a new board member of HIVE Blockchain Technologies. Biggs, previously CEO of Valour, brings extensive experience in digital assets and financial services. Under her leadership, Valour achieved $200M USD in assets under management in September 2021. This strategic move aims to enhance HIVE's efforts in decentralized finance (DeFi). HIVE, known for its green energy operations, is a growth-oriented tech stock in the blockchain sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
management
-
Rhea-AI Summary

DeFi Technologies Inc. (DEFTF) announced an expansion of its management team to accelerate growth in decentralized finance. Russell Starr becomes CEO, Diana Biggs takes the role of Chief Strategy Officer, and Johan Wattenstrom assumes the COO position. The company aims to enhance its global reach and develop partnerships following its acquisition of Valour Inc. and the introduction of its DeFi Venture portfolio. The management changes are intended to position DeFi Technologies as a leading provider of digital asset ETPs while expanding its offerings in governance and asset management.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.06%
Tags
none
-
Rhea-AI Summary

DeFi Technologies Inc. (OTC: DEFTF) announced its feature in a NetworkNewsAudio broadcast, enhancing visibility within the investment community. The focus is on Valour Inc., a subsidiary, set to list Exchange Traded Products (ETPs) on the Frankfurt Stock Exchange starting October 1, 2021. Valour’s assets under management (AUM) have reached over US$208 million on the Nordic Growth Market, marking a 1,400% growth in 2021. The company anticipates further substantial growth in AUM with the new listings.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.29%
Tags
none
Rhea-AI Summary

Valour Inc., a subsidiary of DeFi Technologies (OTC: DEFTF), has announced the upcoming listing of its Exchange Traded Products (ETPs) on the Frankfurt Stock Exchange, starting with Bitcoin Zero and Ethereum Zero on October 1, 2021. This listing is expected to significantly increase its assets under management (AUM), which surpassed $208 million as of September 7, 2021, reflecting a growth of over 1,400% in 2021. Valour's ETPs aim to provide investors with a cost-effective and secure way to invest in digital assets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.09%
Tags
none
-
Rhea-AI Summary

Valour Inc., a subsidiary of DeFi Technologies, has launched a new exchange-traded product (ETP) called Valour Solana (SOL) SEK, allowing investors to access the Solana token easily. Trading began on September 16, 2021, on the Nordic Growth Market. This ETP is fully backed by the underlying digital assets, providing a secure investment avenue. Solana, recognized as one of the fastest-growing cryptocurrencies, boasts a market capitalization of $52.36 billion as of September 13, 2021. This product aims to simplify digital asset investments for retail and institutional investors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.17%
Tags
none
-
Rhea-AI Summary

DeFi Technologies Inc. held its Annual General and Special Meeting on September 13, 2021, where 14.68% of shares were represented. All nominated directors were elected with high approval rates, the lowest being 99.179%. Shareholders overwhelmingly ratified the appointment of RSM Canada LLP as auditors (99.96% approval) and approved the Stock Option Plan (99.349%) and the Deferred Share Unit Plan (99.724%). However, the company will not proceed with the acquisitions of DeFi Yield Technologies Inc. and Protos Asset Management GmbH at this time, continuing to explore other opportunities in decentralized finance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.5%
Tags
none
Rhea-AI Summary

DeFi Technologies, through its subsidiary Valour, is set to launch the Valour Solana (SOL) SEK, a new exchange traded product (ETP) on the Nordic Growth Market (NGM) starting September 16, 2021. This product simplifies investment in the Solana token (SOL), allowing both institutions and individuals to trade it as easily as traditional shares. As of September 13, 2021, Solana's market cap stands at $52.36 billion, ranking it among the top ten cryptocurrencies globally.

The Valour Solana ETP aims to enhance accessibility to the growing Solana ecosystem.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.34%
Tags
none

FAQ

What is the current stock price of DEFI TECHNOLOGIES (DEFTF)?

The current stock price of DEFI TECHNOLOGIES (DEFTF) is $3.41 as of December 11, 2024.

What is the market cap of DEFI TECHNOLOGIES (DEFTF)?

The market cap of DEFI TECHNOLOGIES (DEFTF) is approximately 1.1B.

What is DeFi Technologies Inc. known for?

DeFi Technologies Inc. is a financial technology company that leads the convergence of traditional capital markets with decentralized finance (DeFi).

What recent engagement did DeFi Technologies Inc. announce?

DeFi Technologies Inc. announced the engagement of Liquid Advisors, Inc. to facilitate the cross-listing of its common shares on a US securities exchange.

What is the DeFi Alpha trading desk launched by DeFi Technologies Inc.?

DeFi Alpha is a specialized arbitrage trading desk by DeFi Technologies Inc. that focuses on low-risk opportunities in the crypto ecosystem and has generated substantial returns.

Why did DeFi Technologies Inc. initiate a Normal Course Issuer Bid?

DeFi Technologies Inc. initiated a Normal Course Issuer Bid to buy back common shares because the management believes the market price may not reflect the company's underlying value, making it an appropriate use of cash.

What does the engagement with Liquid Advisors signify for DeFi Technologies Inc.?

The engagement with Liquid Advisors reflects DeFi Technologies Inc.'s strategic commitment to growth, investor access, and expanding its presence in the capital market.

What is the current cash balance of DeFi Technologies Inc.?

The current cash balance of DeFi Technologies Inc. is approximately C$69.9 million (US$51 million).

Who coordinates and facilitates purchases under the Normal Course Issuer Bid for DeFi Technologies Inc.?

Ventum Financial Corp. has been appointed by DeFi Technologies Inc. to coordinate and facilitate purchases under the Normal Course Issuer Bid.

What is the focus of Reflexivity Research LLC?

Reflexivity Research LLC specializes in creating high-quality, in-depth research reports for the bitcoin and digital asset industry, empowering investors with valuable insights.

Where can one find more information about Valour Inc.?

For more information on Valour Inc., subscriptions, and updates, visit valour.com.

How does DeFi Technologies Inc. aim to revolutionize the financial ecosystem?

DeFi Technologies Inc. aims to provide widespread investor access to the future of finance by merging traditional capital markets with decentralized finance (DeFi).

DEFI TECHNOLOGIES INC

OTC:DEFTF

DEFTF Rankings

DEFTF Stock Data

1.13B
271.22M
11.85%
0.1%
Capital Markets
Financial Services
Link
United States of America
Toronto