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DeFi Technologies ( (TSE:DEFI) ) has issued an announcement.
DeFi Technologies and its ETP-focused subsidiary Valour have made a strategic entry into Brazil by launching Brazilian Depositary Receipts (DEFT31) tied to DeFi Technologies’ Nasdaq-listed shares and five digital asset ETPs on the B3 Exchange in São Paulo, marked by a bell-ringing ceremony. The listings give Brazilian investors BRL-denominated, locally listed access to DeFi Technologies’ equity and to Bitcoin, Ether, XRP, Solana and Sui via existing brokerage and custody infrastructure, embedding the company more deeply into Latin America’s largest crypto economy. For Valour, the move represents its first expansion beyond Europe and establishes Brazil as a core platform for scaling regulated, institutional-grade digital asset products across Latin America and other high-growth markets, reinforcing the group’s global ambitions in exchange-traded digital asset access.
The most recent analyst rating on (TSE:DEFI) stock is a Buy with a C$3.00 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 aims to bridge traditional capital markets with decentralized finance, primarily through exchange-traded products and structured access to digital assets. Its subsidiary Valour offers a broad suite of more than 100 digital asset ETPs listed on major European exchanges, targeting investors seeking regulated, exchange-traded exposure to cryptocurrencies and related assets.
Average Trading Volume: 455,238
Technical Sentiment Signal: Buy
Current Market Cap: C$86.46M
For an in-depth examination of DEFI stock, go to TipRanks’ Overview page.