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An update from DeFi Technologies ( (TSE:DEFI) ) is now available.
Valour, a subsidiary of DeFi Technologies, has launched eight new SEK-denominated exchange-traded products (ETPs) on Sweden’s Spotlight Stock Market, including assets like Bitcoin Cash, Unus Sed Leo, and Polygon. This expansion increases Valour’s ETP offerings to over 75, reinforcing its position as a comprehensive digital asset ETP issuer. The new listings provide regulated access to a variety of blockchain protocols and tokens, meeting the growing demand for diversified digital asset exposure. Valour aims to reach 100 listed products by the end of 2025, enhancing its leadership in the digital asset ETP market.
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 (DeFi). Through its subsidiary Valour Inc., the company is a leading issuer of exchange-traded products (ETPs) focused on digital assets.
Average Trading Volume: 455,238
Technical Sentiment Signal: Buy
Current Market Cap: C$51.06M
For an in-depth examination of DEFI stock, go to TipRanks’ Overview page.