DeFi Technologies Subsidiary Valour Inc. Launches the First Short Spot Bitcoin ETP in the Nordics

• Innovative Bitcoin Financial Product: DeFi Technologies, through its subsidiary Valour, has launched the first Short Spot Bitcoin ETP in the Nordics, known as Valour Short Bitcoin (SBTC) SEK (ISIN: CH1149139649), providing a novel way for investors to profit from or hedge against Bitcoin's price movements.
• Strategic Market Placement: The Short Spot Bitcoin ETP is now trading on the Nordic Growth Market, featuring inverse tracking of Bitcoin's price and offering experienced investors strategic opportunities for portfolio management

TORONTO, April 18, 2024 (GLOBE NEWSWIRE) -- DeFi Technologies Inc. (the “Company” or “DeFi Technologies”) (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi”), is pleased to announce that its subsidiary Valour Inc. ("Valour"), a leading issuer of exchange traded products ("ETPs") that provide simplified access to digital assets, is breaking new ground in the Nordic financial markets with the launch of the region’s first Short Spot Bitcoin ETP.

The Valour Short Bitcoin ETP, known as Valour Short Bitcoin (SBTC) SEK (ISIN: CH1149139649), is an innovative financial instrument that inversely tracks the price movements of Bitcoin. This ETP allows investors to profit from, or hedge against, declines in Bitcoin’s market price. Designed with experienced investors in mind, Valour Short Spot Bitcoin offers strategic investment opportunities and the flexibility to make timely adjustments to portfolios based on daily market movements.

“As the first to offer a Short Spot Bitcoin ETP in the Nordics, we are setting a new standard for investment products in the region,” said Johanna Belitz, Valour's Head of Sales in the Nordics. “Tailored for short-term strategic use, such as hedging existing portfolios, we are confident that this innovative product will strongly appeal to our trading-savvy community.”

The introduction of the Valour Short Bitcoin ETP marks a significant milestone in the availability of diverse financial products in the Nordic markets, offering high levels of transparency, security, and reliability, along with competitive management fees.

About DeFi Technologies
DeFi Technologies Inc. (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF) is a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (DeFi). With a dedicated focus on industry-leading Web3 technologies, DeFi Technologies aims to provide widespread investor access to the future of finance. Backed 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 DeFi Technologies’ digital community on Linkedin and Twitter, and for more details, visit https://defi.tech/