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The latest announcement is out from DeFi Technologies ( (TSE:DEFI) ).
DeFi Technologies has announced record highs in its SUI assets under management and treasury holdings, with Valour’s SUI AUM reaching US$63.5 million, reflecting a 54% increase since June 30. The company’s strategic focus on SUI, a promising Layer 1 blockchain, is part of its broader strategy to offer high-conviction digital assets through regulated investment vehicles, supporting sustainable growth and profitability.
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 offers a range of exchange-traded products (ETPs) through its subsidiary Valour Inc., focusing on emerging digital assets and blockchain ecosystems.
Average Trading Volume: 455,238
Technical Sentiment Signal: Buy
Current Market Cap: C$51.06M
See more data about DEFI stock on TipRanks’ Stock Analysis page.