DeFi Technologies’ new business line, DeFi Alpha, a specialist arbitrage trading desk, generates an additional CA$59.2 million (US$43.4 million) from low-risk arbitrage trades, totaling more than CA$113.8 million (US$83.4 million) so far in the second quarter.

• DeFi Alpha Trading Desk: DeFi Technologies previously introduced a specialized arbitrage trading desk, DeFi Alpha, which has successfully generated approximately CA$113.8 million (US$83.4 million) so far in the second quarter from transactions low-risk arbitrage trading, marking a solid start for this new venture.
• Expansion of business sectors: The DeFi Alpha trading desk complements DeFi Technologies’ existing suite of business segments, including digital asset management, venture investments, research, and infrastructure support for DeFi, with a focus on identifying low-risk arbitrage opportunities in the crypto market.

TORONTO, June 3, 2024 /PRNewswire/ – DeFi Technologies Inc. (the “Business” Or “DeFi Technologies“) (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a fintech company pioneering the convergence of traditional capital markets with the world of decentralized finance (“Challenge“), is pleased to announce that its new business line DeFi Alpha, a specialist arbitrage trading desk, has generated an additional CA$59.2 million (US$43.4 million) from transactions in Low-risk arbitrage In its first few months, DeFi Alpha got off to a promising start, generating around $113.8 million Canadian dollars (US$83.4 million).

This initiative enhances DeFi Technologies’ suite of offerings, complementing its existing business lines of digital asset management, venture capital investments, research and DeFi infrastructure support. The sole objective of DeFi Alpha is to identify low-risk arbitrage opportunities within the crypto ecosystem. Of the $83.4 million generated, $19.5 million was used to repay debt, as stated in the press release from the May 7, 2024.

Aligned with the core mission of DeFi Technologies, the DeFi Alpha trading desk complements current business verticals including:

Management of valuable assets: Offer products traded on an exchange (“AND P“) for simplified and secure access to digital assets.

CHALLENGE Companies: Supporting early-stage companies and high-potential projects in the DeFi space.

DEFI infrastructure: Running nodes for DeFi protocols and supporting decentralized networks.

Research on reflexivity: a leading research firm specializing in creating high-quality, in-depth research reports for the bitcoin and digital assets industry, providing investors with valuable insights.

The DeFi Alpha trading desk is strategically designed to focus on identifying and capitalizing on arbitrage opportunities within the dynamic digital asset market. Using advanced algorithmic strategies and in-depth market analysis, the trading desk aims to generate alpha by exploiting inefficiencies and discrepancies in the pricing of digital assets. The primary focus is on arbitrage trading opportunities across centralized and decentralized markets, ensuring minimal market or protocol exposure to mitigate downward revenue volatility.

The launch of the DeFi Alpha trading desk highlights DeFi Technologies’ commitment to innovation in the DeFi space. This new trading desk represents a strategic step in the expansion of the Company’s presence in the digital assets market, representing a shift towards innovative solutions and accelerating the Company’s revenue model.

“We are delighted with the instant success and significant contribution of the DeFi Alpha trading desk to our revenue,” said Olivier Roussy Newton, CEO of DeFi Technologies. “In the last two months alone, we have already reserved 113.8 million Canadian dollars (83.4 million US dollars) from our new DeFi Alpha business line. By focusing on identifying and capitalizing on mispriced opportunities within the dynamic cryptocurrency market, we are confident that the DeFi Alpha trading desk will continue to provide low-risk opportunities, benefiting both our society and to our shareholders. »

Commitment from Gold Standard Media LLC

The Company is also pleased to announce that it has entered into an agreement with Gold Standard Media, LLC and its affiliates (“GSM“), pursuant to which GSM will provide certain marketing services to the Company, effective May 13, 2024 (the “GSM Agreement”). The services provided by GSM will consist of publishing and distributing information regarding the Company through multiple platforms, including digital marketing, email marketing and influencer marketing Pursuant to the GSM Agreement, GSM will provide services to DeFi Technologies for a period of 12 months for US$500,000 and an allocation. of 1,500,000 deferred share units of the company.

GSM is owned and operated by Kenneth Ameduri, Juliet Ameduri and Lior Gantz and is an arm’s length party to the Company. GSM and their affiliates own 1,500,000 shares of common stock in the Company. No member of the Company or its officers is directly involved in the creation of the materials distributed by GSM. The Company will provide GSM with information on publicly available sources for disclosure and the Company will be involved in reviewing the accuracy of the materials prior to release.

About DeFi technologies

DeFi Technologies Inc. (CBOE CA: CHALLENGE) (GR: R9B) (OTC: DEFTF) is a fintech company pioneering the convergence of traditional capital markets with the world of decentralized finance (DeFi). Focusing specifically on industry-leading Web3 technologies, DeFi Technologies aims to provide widespread investor access to the future of finance. Supported by an esteemed team of experts with extensive experience in financial markets and digital assets, we are committed to revolutionizing the way individuals and institutions interact with the evolving financial ecosystem. Join the DeFi Technologies digital community on Linkedin And Twitterand for more details visit https://defi.tech/

About Valor

Valor Inc. and Valor Digital Securities Limited (together, “Value“) issues exchange-traded products (“AND P”) which allow retail and institutional investors to access digital assets like Bitcoin simply and securely through their traditional bank account. Valor is part of the asset management business segment of DeFi Technologies Inc. (CBOE CA: CHALLENGE) (GR: R9B) (OTC: DEFTF).

In addition to their new physical-backed digital asset platform, which includes 1Valor Bitcoin Physical Carbon Neutral AND P, 1Valor Ethereum physical stakingAnd Physical Staking of 1Valour Internet Computers, Valor offers fully hedged digital asset ETPs with low to no management fees, with product listings on European exchanges, banks and brokerage platforms. Valor’s existing product line includes Valor Uniswap (United), Cardano (ADA), Peas (POINT), Solana (GROUND), Avalanche (AVAX), Cosmos (ATOM), Binance (BNB), Ripple (XRP), Toncoin (TONNE), computer Internet (PCI), Chain link (LINK) Enjin (ENJ), Valor Bitcoin Staking (BTC), carbon-neutral Bitcoin (BTCN), Valor 10 Digital Asset Basket (VDAB10) And 1Valor STOXX Bitcoin Switzerland Blue Chip Digital Asset ETP with low management fees. Valor’s flagship products are Bitcoin Zero and Ethereum Zero, the first passive investment products fully hedged with Bitcoin (BTC) and Ethereum (ETH) as completely free underlyings.

For more information about Valor, to subscribe, or to receive updates and financial information, visit value.com.

About reflexivity research

Reflexivity Research LLC is a leading research firm specializing in creating high-quality, in-depth research reports for the bitcoin and digital assets industry, providing investors with valuable insights. For more information, please visit https://www.reflexivityresearch.com/

Caution regarding forward-looking information:

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding the DeFi Alpha trading desk; delivery of trading opportunities by DeFi Alpha; the development and listing of future ETPs; 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 uncertainties related to business, economics, competition, politics and society. 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 materially different from those contained in forward-looking information. those anticipated, estimated or planned. 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.

THE CBOE CANADA EXCHANGE DISCLAIMS ANY RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

SOURCE DeFi Technologies Inc.

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