DeFi Technologies Announces Co-Investment with Pomp Investments into SOVRYN, a DeFi platform designed for the Bitcoin Network - Seite 2

SOVRYN has recently finalized a financing round with participation from Greenfield One, Galaxy Digital, Monday Capital, Collider Ventures, Cadenza Ventures (Bitmex), AscendEX (BitMax), Gate.io, Blockware Solutions, a bitcoin mining company, Anthony Pompliano, DeFi Technologies and Consolidated Trading

“We are excited to see the potential of DeFi applications come to fruition on the Bitcoin network. SOVRYN has assembled a world class team coming out of the RSK team and we are pleased to be participating with Anthony Pompliano & POMP Investments in this transaction. Once thought of solely as an Ethereum centric world, SOVRYN is now giving DeFi a truly global marketplace by extending the Bitcoin network to DeFi as a market,” said Wouter Witvoet, Chief Executive Officer of DeFi Technologies

About DeFi Technologies:

DeFi Technologies Inc. is a Canadian company that carries on business with the objective of enhancing shareholder value through building and managing assets in the decentralized finance sector. For more information, please visit our website at www.defi.tech.

About SOVRYN

SOVRYN is the decentralized Bitcoin trading and lending platform.

https://sovryn.app/ 

For further information, please contact:

Investor Relations
Dave Gentry
RedChip Companies Inc.
1-800-RED-CHIP (733-2447)
407-491-4498
[e-mail]

Public Relations
Veronica Welch
VEW Media
[e-mail]

Cautionary note 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 with respect to DeFi Technologies’ investment into SOVRYN; the pursuit by DeFi Technologies of business opportunities; and the merits or potential returns of any such opportunities. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that 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. 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 as anticipated, estimated or intended. 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 does not undertake to update any forward-looking information, except in accordance with applicable securities laws.