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DeFi Technologies ( (TSE:DEFI) ) just unveiled an announcement.
DeFi Technologies Inc. announced record financial results for 2024, with adjusted revenues of C$204.4 million and adjusted net income of C$115.07 million, reflecting strong operational performance and significant revenue growth. The company also reported a substantial 132% growth in assets under management (AUM) to C$1.18 billion, driven by favorable market conditions and strategic initiatives. DeFi Technologies has gained institutional recognition, being included in several prominent indices and investment vehicles, which underscores its strategic direction and role in the digital asset ecosystem. Looking forward, the company forecasts continued revenue growth in 2025, supported by its asset management business and market conditions.
More about DeFi Technologies
DeFi Technologies Inc. is a financial technology company that focuses on merging traditional capital markets with decentralized finance (DeFi). The company is involved in asset management and offers products like staking, lending, and management services, aiming to enhance trading volumes and financial performance within the digital asset ecosystem.
Average Trading Volume: 455,238
Technical Sentiment Signal: Sell
Current Market Cap: C$51.06M
Find detailed analytics on DEFI stock on TipRanks’ Stock Analysis page.