DeFi Technologies Inc. Featured in Syndicated Broadcast Covering Subsidiary Valour’s Milestone of Achieving $250 Million in Assets Under Management

LOS ANGELES, Oct. 22, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- DeFi Technologies Inc. (NEO: DEFI) (GR: RMJ.F) (OTC: DEFTF), a digital asset investment firm bridging the gap between traditional capital markets and decentralized finance, today announces that it has been featured in a broadcast via NetworkNewsAudio (“NNA”), a solution that delivers additional visibility, recognition and brand awareness in the investment community via distribution to thousands of syndication points. The audio press release covers Valour Inc., a wholly owned subsidiary of DeFi Technologies, eclipsing the milestone total of $250 million in assets under management (“AUM”).

To hear the audio production, visit: https://www.nnw.fm/6oKxT

To read the original press release, visit: https://nnw.fm/6tE6r

Per the news release, Valour Inc., the pioneering issuer of digital asset exchange traded products (“ETPs”), has surpassed $250 million in assets under management. This achievement marks an exceptional first 10 months of 2021, as AUM increased more than 2,560% since the beginning of the year. In the 30-day period prior to October 15, AUM increased by more than $40 million.

DeFi's recently launched Valour Solana product has seen strong investor interest and inflows. With the imminent listing of Valour’s ETPs on the Frankfurt Stock Exchange and Euronext, the company expects substantial additional growth of Valour’s AUM.

“This remarkable growth of Valour's assets under management is due in part to its dedicated leadership team, but also the increasing institutional investment demand for ETPs,” Russell Starr, Chief Executive Officer of DeFi Technologies, stated in the news release. “We continue to be impressed with what the incredible team at Valour is doing to launch and make innovative ETPs available for those looking to participate in the rapidly growing DeFi sector and the next wave of financial innovation.”

Valour's Cardano (ADA), Polkadot (DOT) and Solana (SOL) ETPs were the first of their kind in the Nordics, and stand as the lowest fee ADA, DOT and SOL ETPs in the world. Valour Bitcoin Zero and Valour Ethereum Zero remain the first and only fully hedged, passive investment products with Bitcoin (BTC) and Ethereum (ETH) as underlyings which are completely fee-free, with competitors charging up to 2.5% in management fees.