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Record growth in assets under management: Valor reached historic highs CAD 699.5 million Within assets under management (“Parrot”), reflecting a month-on-month increase of 40.7%, which confirms strong investor confidence and significant market growth.
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Exceptional market activity and growth: February showed strong market activity for Valour, with total sales of approx. 148.36 million Canadian dollars and significant total inflows. 16.62 million Canadian dollars. This shows active engagement in the market and strong alignment with current investment trends.
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Valour’s Solana ETP success: Valor Solana ETP contributes significantly to both our overall AUM and our revenue through net inflows. 4.89 million Canadian dollars Recorded in February. His AUM of Valor Solana ETP has increased significantly and is now CAD 290.3 millionThis is reflected positively in the company's assets under management.
Toronto, March 4, 2024 /CNW/ – DeFi Technologies Inc. (“''company” or “DeFi technology“) (NEO: DEFI) (GR: RB9) (OTC: DEFTF) is a crypto-native technology company that is pioneering the convergence of traditional capital markets and the worlds of decentralized finance (“DeFi“), its subsidiaries Valor Inc. and Valor Digital Securities Limited (together “courage“), a leading issuer of exchange-traded products (“ETP“) Provides easy access to digital assets and scales with your records CAD 699.5 million Within assets under management (“parrot“) the current February 28, 2024an increase of 40.7% from the previous month.
Significant increase in AUM CAD 699.5 million, recorded a remarkable month-on-month growth of 40.7%, which reflects not only continued net inflows but also an increase in the price of the underlying asset. This significant growth confirms Valour's enduring appeal and market demand for his ETPs. Valour’s market activity in February showed total sales of approximately 148.36 million Canadian dollars Average daily sales 7.81 million Canadian dollars, demonstrating solid market performance and active investor engagement.Additionally, during this period, a total of approx. 16.62 million Canadian dollarsboosting Valor's cumulative net sales. 554.5 million Canadian dollarsincreased from January 532.9 million Canadian dollarsThis further demonstrates that Valour's ETPs are aligned with prevailing investment trends and a vibrant digital asset ecosystem.
A particular highlight of February was the Barrow Solana ETP, which saw net inflows. 4.89 million Canadian dollarsincrease AUM CAD 290.3 million. The performance of this product is a key element of our overall success and demonstrates the financial viability and growing investor interest in this particular digital asset product.
“We are incredibly proud of Valor’s historic accomplishments as our assets under management skyrocketed to a record this month.” CAD 699.5 million, an increase of over 40% month-on-month, demonstrating our commitment and growing confidence from our investors. Particularly noteworthy was the performance of Solana-based ETPs, which attracted net inflows. 4.89 million Canadian dollars, has greatly contributed to this growth. This success highlights not only the strong market demand for our innovative ETP products, but also our ability to provide investors with diverse, secure and accessible digital asset investment options. We are committed to continuing this trajectory and strengthening our digital asset offering.” olivier lucy newtonCEO of DeFi Technologies.
About DeFi technology
DeFi Technologies Co., Ltd. (Neo: Defi) (GR:RB9) (OTC: Defense) is a crypto-native technology company that is pioneering the convergence of traditional capital markets and the worlds of decentralized finance (DeFi).
DeFi Technologies aims to provide a broad range of investors with access to the future of finance, with a focus on industry-leading Web3 technology. Backed by a team of respected 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. Masu.
Join the DeFi Technologies digital community. linkedin and twitterFor more information, please visit: https://defi.tech/
About Valar
Valor Inc. issues exchange-traded products (ETPs) that allow retail and institutional investors to access digital assets such as Bitcoin in an easy and secure manner through traditional bank accounts. Founded in 2019, Valor is a subsidiary of DeFi Technologies Inc. (Neo: Defi) (GR:RB9) (OTC: Defense).
For more information about Valour, please visit: https://valour.com
Cautionary Note Regarding Forward-Looking Information:
This press release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, increases in AUM; List of future ETPs. Investor interest and confidence in digital assets. the regulatory environment for the growth and adoption of decentralized finance; Pursuit of business opportunities by DeFi and its subsidiaries. and the benefits or potential benefits of such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from those expressed or implied. It may be different. Such positive information. Such risks, uncertainties and other factors include, without limitation, the acceptance of Valor exchange-traded products by exchanges; Growth and development of the decentralized finance and cryptocurrency sector. Rules and regulations regarding decentralized finance and cryptocurrencies. general business, economic, competitive, political and social uncertainties; The Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, but may cause results not to be as anticipated, estimated or intended. There may be other factors as well. 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. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update forward-looking information except in accordance with applicable securities laws.
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Source DeFi Technologies Inc.
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