DeFi Technologies (TSE:DEFI) has released an update.
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DeFi Technologies’ subsidiary Valour reported a robust fiscal year with a 30% increase in assets under management (AUM), reaching C$661 million, and a record net inflow of C$14.1 million in August 2024. Despite a downturn in digital asset prices, investor confidence remains high, as reflected in the growing demand for Valour’s exchange traded products (ETPs). The company also maintains a strong financial stance, with a diverse treasury portfolio and strategic initiatives, like the partnership with Nairobi Securities Exchange to expand into the African market.
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