tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

DeFi Technologies reports Q3 revenue $22.5M vs. $28.1M last year

Reports Q3 Operating Income $9M, down from $14.4M in Q3 2024. Valour’s asset-management business reported approximately $989.1M in AUM as of September 30, up from $772.9M as of June 30, reflecting accelerating investor demand and growth of digital asset prices. Comment from the CEO, Olivier Roussy Newton: “Q3 was another milestone quarter for DeFi Technologies (DEFT) and a testament to the strength and scalability of our platform. We delivered revenues of $22.5M and operating income of $9M, marking another profitable quarter. With average AUM exceeding $900M per month in the Q3, the highest quarterly average in history, and net inflows every month year-to-date, we continue to demonstrate the power of our integrated asset management and trading ecosystem.”

Claim 50% Off TipRanks Premium and Invest with Confidence

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1