$DEFI News $DEFI just announced yesterday that it has entered into a LOI to acquire 100% of the issued and outstanding securities of Protos Asset Management. Through the Acquisition, $DEFI will have ownership of the operating business, all intellectual property, and brand of Protos and will assume the core operating team of Protos.
Protos gives investors exposure to professionally managed portfolios of cryptocurrency assets and DeFi networks + the founders have 18 combined years of investing in cryptocurrencies.
Russell Starr, $DEFI Executive Chairman, stated, "The acquisition of Protos paired with our planned acquisition of DeFi Yield and our current Valour ETP business creates an ideal symbiotic product offering for investors looking to get diversified exposure to the DeFi universe within one publicly listed company . . . now allows us to execute on our plans for rapid expansion throughout the DeFi universe.”
$DEFI been on a roll recently up 4.9% , IMO not one to miss.
https://www.newswire.ca/news-releases/defi-technologies-announces-loi-to-acquire-protos-asset-management-gmbh-823663112.html