DeFi
DeFi Technologies Inc. Featured in Syndicated Broadcast Covering Subsidiary’s AUM of CA$748 Million, a 47.2% Year-over-Year Increase
Defi Technologies, Inc.
LOS ANGELES, May 13, 2024 (GLOBE NEWSWIRE) — via IBN — DeFi Technologies Inc. (the “Company” or “DeFi Technologies”) (NEO: DEFI) (GR: RB9) (OTC: DEFTF), a crypto company technology native that is pioneering the convergence of traditional capital markets with the world of decentralized finance, today announced that it has been featured in a broadcast via NetworkNewsAudio (“NNA”), a solution that provides visibility, recognition and additional notoriety in the investment. community through distribution to thousands of syndication outlets. The audio press release covers the Company’s announcement that its subsidiary, Valor Inc., and Valor Digital Securities Limited (together, “Valor”), a leading issuer of exchange-traded products (“ETPs”) which provide simplified access to digital assets, reported a 47.2% year-over-year increase in assets under management (“AUM”) to reach CA$748 million as of May 7, 2024.
To hear the audio production, visit: https://www.nnw.fm/dsxqd
To read the original press release, visit: https://nnw.fm/P1Ue1
“We are very encouraged by the strong year-over-year growth in our assets under management, which reflects the sustained demand for our innovative ETP products and the confidence of our investors,” said Olivier Roussy Newton, CEO of DeFi Technologies, in the press release. “Our strategic expansions and introduction of groundbreaking products this month underscore our commitment to providing secure, diverse and accessible digital asset investment options. We are excited about our future prospects and remain committed to advancing our position in the digital assets space.
The press release also highlights other key developments such as the launch of a new trading desk in the UAE, marking a strategic expansion into the Middle East. The move aims to take advantage of the UAE’s progressive regulatory framework and high rate of adoption of cryptocurrencies. This is a crucial step in Valour’s ongoing strategy to make ETPs globally accessible and expand its product offering, with the aim of tapping into the region’s dynamic financial landscape.
The story continues
About DeFi Technologies Inc.
DeFi Technologies is a crypto-native technology company that is pioneering the convergence of traditional capital markets with the world of decentralized finance. Focusing specifically on industry-leading Web3 technologies, DeFi Technologies aims to provide widespread investor access to the future of finance. Backed by an esteemed team of professionals with extensive experience in financial markets and digital assets, the company is committed to revolutionizing the way individuals and institutions interact with the evolving financial ecosystem.
For more information, visit the company’s website at www.DeFi.Tech.
About NetworkNewsAudio
NetworkNewsAudio (“NNA”), one of 60+ brands within IBNlets you sit back and listen to market updates, CEO interviews and AudioPressRelease (“APR”) productions. These audio clips provide snapshots of position, opportunities and momentum. NNA can help by reducing information overload in today’s market, while providing clients with unparalleled visibility, recognition and brand awareness. IBN is the focal point for news, content and information. IBN is a comprehensive provider of news aggregation and syndication, enhanced press release services and a full range of social communications solutions. As a multi-faceted financial information and distribution company with an extensive team of journalists and editors, IBN has the unrivaled ability to reach a broad audience of investors, consumers, journalists and the general public. audience through an ever-expanding distribution network of over 5,000 key syndication outlets. Across the country.
For more information visit: www.NetworkNewsAudio.com
Please see the full terms of use and disclaimers on the IBN website applicable to all content provided by IBN, regardless of where it is published or republished: https://IBN.fm/Disclaimer
Forward-looking statements
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, growth in assets under management; list of future FTEs; collaboration with Core Foundation; investor interest and confidence in digital assets; the regulatory environment as it relates to the growth and adoption of decentralized finance; the pursuit by the Company and its subsidiaries of business opportunities; and the merits or potential returns of such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors which may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. These risks, uncertainties and other factors include, but are not limited to, acceptance of Valor exchange-traded products by exchanges; the growth and development of the decentralized finance and cryptocurrency sector; rules and regulations regarding decentralized finance and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be those contained in forward-looking information. anticipated, estimated or hoped for. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Therefore, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update any forward-looking information except in accordance with applicable securities laws.
Corporate Communications
IBN
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com
