October 8, 2024 [crocon media – msc] DeFi Technologies Sees 49% AUM Growth in 2024, with September Inflows of C$8.2 Million

Toronto-based DeFi Technologies Inc. (CBOE CA: DEFI) has announced a remarkable 49% year-to-date growth in assets under management (AUM) at its subsidiary, Valour Inc., reflecting increasing investor confidence in its digital asset exchange traded products (ETPs). As of September 30, 2024, Valour boasts C$757 million (US$561 million) in AUM, driven by C$8.2 million (US$6.1 million) in net inflows for the month of September alone.

Key Products Driving Growth
Valour’s product lineup, particularly the Valour Solana SEK, Valour Near SEK, and Valour ETH Zero SEK, contributed significantly to this performance. Investors have been drawn to the innovation behind these digital asset ETPs, underscoring Valour’s leadership in bridging the gap between traditional finance and decentralized markets.

Financial Resilience
DeFi Technologies also maintains a strong balance sheet with C$19.7 million (US$14.6 million) in cash and USDT and a well-diversified treasury, which includes holdings of Bitcoin, Ethereum, Cardano, Avalanche, and other top-tier tokens. With total treasury assets amounting to C$40.2 million (US$29.8 million), the company remains well-positioned to sustain future growth.

Exciting Strategic Developments
Valour recently launched its asset-backed Ethereum Physical Staking ETP on the London Stock Exchange, providing secure access to Ethereum and staking rewards for professional investors. Additionally, DeFi Technologies has filed for Nasdaq listing, a move set to bolster its presence in the U.S. market. The filing of Form 40-F with the SEC demonstrates the company’s ambition to grow further within the digital finance ecosystem.

Upcoming Crypto Investor Day
Mark your calendars! Reflexivity Research, another subsidiary of DeFi Technologies, is hosting its inaugural Crypto Investor Day in New York City on October 25, 2024, attracting prominent figures from both crypto and traditional finance sectors.

With these strategic advances, DeFi Technologies continues to lead the charge in integrating DeFi with traditional capital markets, delivering value to investors and strengthening its foothold in the evolving financial landscape.

Read the press release : https://www.prnewswire.com/news-releases/defi-technologies-provides-monthly-corporate-update-subsidiary-valour-reports-assets-under-management-at-c757-million-us561-million-up-49-this-fiscal-year-and-net-inflows-of-c8-2-million-us6-1-million-in-september-amo-302269758.html

---

---

Editorial Disclosure: The editorial content on this page is not provided by any entity mentioned herein. Opinions expressed here are the author’s alone, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The author(s) of this article may or may not hold a position in the mentioned stock. None of the companies discussed in the above article have paid for this content. The information provided in this article should not be considered financial advice, and readers should always do their own research before making investment decisions. However, as with any investment, there are potential risks and uncertainties to consider, such as potential regulatory changes, market volatility, and competition from other players in the industry. It is important for investors to carefully monitor this stock and its performance over time to make informed decisions about their investments. crocon media is a project of The SiLLC Assembly. This site is for entertainment purposes only. The owner of this site is not an investment advisor, financial planner, nor legal or tax professional and articles here are of an opinion and general nature and should not be relied upon for individual circumstances. This article is for informational purposes only and should not be considered financial advice. Investing in stocks involves risk, and readers should conduct their own research and consult with a qualified financial advisor before making any investment decisions.

January 16, 2024 [crocon media – msch] Arcario AB (Ticker: ARCA), a prominent player in the digital asset space, has successfully completed the acquisition of Vanir Finance AS, marking a significant expansion in its fintech and crypto market portfolio. This strategic move, involving a substantial share issuance, positions Arcario for a robust future in the evolving world of crypto collateralized lending and decentralized finance.

The acquisition of Vanir, a FinTech company specializing in crypto collateralized lending, diversifies Arcario’s portfolio. This expansion into decentralized finance complements Arcario’s existing holdings, including K33, a digital assets brokerage, and Green Data, a Bitcoin mining operation.

The issuance of 2,100,000,000 newly issued shares at a subscription price of SEK 0.012 per share to fund the acquisition is a strategic move. It allows Arcario to leverage its equity for expansion without immediate cash outlay, preserving liquidity for other operational needs.

CEO Torbjørn Bull Jenssen’s statement about a fully funded and positive cash flow trajectory starting Q1 2024 is promising. It indicates that the acquisition aligns with Arcario’s vision for a scalable and profitable future without further capital need.

The resolution of the Extraordinary General Meeting to issue shares to Klein Invest as part of the underwriting agreement demonstrates Arcario’s commitment to fulfilling its financial obligations and maintaining investor relations.

The increase in the number of shares and votes in Arcario by 2,784,647,436 shares corresponds to a dilution of approximately 22.87 percent. This dilution can impact existing shareholders’ value and voting power.

Arcario AB’s acquisition of Vanir represents a strategic expansion in the fintech and crypto market space. While the move brings diversification and potential for growth, it also introduces challenges related to share dilution, market volatility, and integration complexities. As Arcario navigates these challenges, its commitment to shaping the future of finance and its diversified portfolio places it in a strong position to capitalize on the opportunities in the digital asset space.

Read the news release : https://www.arcario.com/ir/article?slug=arcario-successfully-completes-strategic-acquisition-of-vanir

September 5, 2023 [crocon media – msch] In a significant move, Neptune Digital Assets Corp., a pioneering publicly traded blockchain entity in Canada, has finalized the sale of its claim related to the Genesis Global Capital bankruptcy. This decision comes in the wake of Genesis Global Capital’s filing for US Bankruptcy protection earlier this year, which had a ripple effect on many of its stakeholders, including Neptune.

At the time of the bankruptcy filing, Neptune held assets amounting to $3,999,990 USD and 40 BTC, translating to a claim value of $4,846,823 USD. The recent sale saw the company parting with the claim for 47% of its total worth, thereby securing cash proceeds of $2,278,007 USD ($3.1mm CAD).

While on the surface, this might seem like a considerable write-off, the underlying strategy is clear and forward-looking. By liquidating the claim, Neptune has effectively unlocked capital that was previously tied up. This capital infusion, although not equivalent to the initial claim, provides the company with immediate liquidity. Such liquidity is invaluable, especially in the dynamic world of cryptocurrencies and blockchain, where timely investments can lead to substantial returns.

Neptune’s leadership, as articulated by CEO & President Cale Moodie, views this move as an opportunity for rejuvenation and growth. Instead of remaining entangled in the uncertainties of a prolonged settlement process, the company has chosen a proactive stance. The immediate availability of funds will be channeled to bolster Neptune’s multifaceted operations in the crypto realm. From Bitcoin mining and proof-of-stake mining to decentralized finance (DeFi) and other blockchain-related ventures, Neptune is set to amplify its footprint.

The broader implication of this move is twofold. Firstly, it underscores the resilience and adaptability of companies like Neptune, which, despite facing setbacks, are quick to recalibrate and refocus on growth. Secondly, it sends a positive signal to the market about Neptune’s commitment to its stakeholders. By prioritizing immediate liquidity and potential reinvestments over a possibly protracted settlement, the company is positioning itself as a forward-thinking player in the crypto and blockchain sector.

In conclusion, Neptune Digital Assets Corp.’s recent decision is a testament to its strategic agility and optimism about the future. As the crypto landscape continues to evolve, such proactive measures will undoubtedly play a pivotal role in determining which entities thrive in this burgeoning ecosystem.

 

---

---

Editorial Disclosure: The editorial content on this page is not provided by any entity mentioned herein. Opinions expressed here are the author’s alone, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The author(s) of this article may or may not hold a position in the mentioned stock. None of the companies discussed in the above article have paid for this content. The information provided in this article should not be considered financial advice, and readers should always do their own research before making investment decisions. However, as with any investment, there are potential risks and uncertainties to consider, such as potential regulatory changes, market volatility, and competition from other players in the industry. It is important for investors to carefully monitor this stock and its performance over time to make informed decisions about their investments. crocon media is a project of The SiLLC Assembly. This site is for entertainment purposes only. The owner of this site is not an investment advisor, financial planner, nor legal or tax professional and articles here are of an opinion and general nature and should not be relied upon for individual circumstances.

July 20, 2023 [crocon media – dgoldsmith] DeFi Technologies Inc. (NEO: DEFI) (GR: MB9) (OTC: DEFTF), a pioneer in merging traditional capital markets with decentralized finance (DeFi), is excited to announce a collaboration between its subsidiary, Valour Inc., and Bitcoin Suisse AG. The partnership aims to develop Exchange Traded Products (ETPs) backed by physical digital assets, marking a significant advancement in the digital asset market.

Bitcoin Suisse, a trusted Swiss crypto-native investment partner, will contribute its expertise in asset management and advisory services to create leading crypto investments for professional and institutional partners. This collaboration capitalizes on Valour’s ABS issuance platform, ETP operational know-how, and established marketing channels, complemented by Bitcoin Suisse’s renowned brand and extensive experience in the crypto sector.

Olivier Roussy Newton, CEO of DeFi Technologies and Director of Valour, stated, “The collaboration signifies an exciting development in the digital assets space. Our partnership with Bitcoin Suisse, leveraging our issuance platform and operational expertise, will provide investors with robust and diversified investment opportunities.”

Dr. Dirk Klee, CEO of Bitcoin Suisse, expressed his enthusiasm, saying, “We are excited to cooperate with Valour and provide our expertise to create leading crypto investments. This partnership represents an important step toward becoming the leading crypto investment partner in Switzerland and other target markets.”

The collaboration builds on Valour’s recent launch of the 1Valour Bitcoin Physical Carbon Neutral ETP, a physically backed digital asset platform. The ETPs are secured by regulated custody providers, ensuring security and transparency. Additionally, Valour offers fully hedged digital asset ETPs listed across European exchanges, banks, and broker platforms.

With a dedicated focus on industry-leading Web3 technologies, DeFi Technologies aims to revolutionize the financial ecosystem by providing widespread investor access to the future of finance. Backed by a team of experts experienced in financial markets and digital assets, the company is committed to driving innovation and reshaping the way individuals and institutions interact with decentralized finance.

 

Bitcoin Suisse, founded in 2013, has been instrumental in the development of the Swiss crypto and blockchain ecosystem. As a leader in the ‘Crypto Valley’ and the ‘Crypto Nation Switzerland,’ the company offers a range of crypto-financial services, including brokerage, custody, lending, staking, and payment solutions.

This collaboration between DeFi Technologies, Valour Inc., and Bitcoin Suisse marks a significant milestone in the crypto investment landscape. By combining expertise and resources, the partners aim to provide investors with enhanced opportunities in the growing digital asset market.

For more information about Bitcoin Suisse, visit https://bitcoinsuisse.com.

 

About DeFi Technologies Inc. DeFi Technologies Inc. is a crypto-native technology company that merges traditional capital markets with decentralized finance (DeFi), aiming to provide widespread investor access to the future of finance.

 

About Valour Inc. Valour Inc., a subsidiary of DeFi Technologies Inc., issues exchange traded products (ETPs) that enable retail and institutional investors to access digital assets like Bitcoin in a simple and secure way via their traditional bank accounts.

For more information about Valour, visit https://valour.com.

 

Note: The viewpoints expressed in the article are not attributed to any specific individuals but represent a synthesis of opinions from a Wall Street analyst and a crypto specialist.

Read the press release : https://www.prnewswire.com/news-releases/defi-technologies-wholly-owned-subsidiary-valour-inc-announces-groundbreaking-collaboration-with-bitcoin-suisse-ag-on-physical-backed-digital-asset-exchange-traded-products-301879195.html

---

---

Editorial Disclosure: The editorial content on this page is not provided by any entity mentioned herein. Opinions expressed here are the author’s alone, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The author(s) of this article may or may not hold a position in the mentioned stock. None of the companies discussed in the above article have paid for this content. The information provided in this article should not be considered financial advice, and readers should always do their own research before making investment decisions. However, as with any investment, there are potential risks and uncertainties to consider, such as potential regulatory changes, market volatility, and competition from other players in the industry. It is important for investors to carefully monitor this stock and its performance over time to make informed decisions about their investments. crocon media is a project of The SiLLC Assembly. This site is for entertainment purposes only. The owner of this site is not an investment advisor, financial planner, nor legal or tax professional and articles here are of an opinion and general nature and should not be relied upon for individual circumstances.