AMINA Bank’s Record Growth Validates DeFi Technologies’ Strategic Investment

DeFi Technologies ( (TSE:DEFI) ) just unveiled an update.

AMINA Bank, a venture portfolio company of DeFi Technologies, reported record growth in 2024, with a 136% increase in assets under management to $4.2 billion and a 69% rise in revenue to $40.4 million. This growth underscores DeFi Technologies’ strategic investment in regulated digital asset banking and services. AMINA Bank’s expansion into Asia and the Middle East, along with its zero-default lending record and strong financial fundamentals, positions it well for future growth. The bank’s operations in Abu Dhabi and Hong Kong saw significant revenue increases, reflecting its scalable, client-first banking model supported by strategic partnerships. AMINA Bank plans to launch a next-generation crypto banking platform in 2025, enhancing its offerings for retail and institutional clients.

The most recent analyst rating on (TSE:DEFI) stock is a Buy with a C$4.50 price target. To see the full list of analyst forecasts on DeFi Technologies stock, see the TSE:DEFI Stock Forecast page.

Spark’s Take on TSE:DEFI Stock

According to Spark, TipRanks’ AI Analyst, TSE:DEFI is a Neutral.

DeFi Technologies exhibits strong revenue growth and strategic expansions, but faces challenges with profitability, negative cash flow, and valuation issues. Positive sentiment from the earnings call and strategic initiatives are encouraging, yet regulatory hurdles and market dependency remain key risks.

To see Spark’s full report on TSE:DEFI stock, click here.

More about DeFi Technologies

DeFi Technologies Inc. is a financial technology company that bridges the gap between traditional capital markets and decentralized finance. It focuses on supporting innovative, institutional-grade financial infrastructure to drive digital asset adoption worldwide. The company holds a 5.07% equity stake in AMINA Bank, a Swiss-licensed digital asset bank, as part of its DeFi Ventures strategy.

Average Trading Volume: 455,238

Technical Sentiment Signal: Buy

Current Market Cap: C$51.06M

Find detailed analytics on DEFI stock on TipRanks’ Stock Analysis page.