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DeFi Technologies Inc N.DEFI

Alternate Symbol(s):  DEFTF

DeFi Technologies Inc. is a financial technology company that pioneers the convergence of traditional capital markets with decentralized finance (DeFi). The Company is focused on Web3 technologies. Its business lines include Asset Management, Infrastructure, Ventures, DeFi Alpha, Research and Stillman Digital. In the asset management business, the Company, through its subsidiaries, Valour Inc. and Valour Digital Securities Limited, issues exchange traded products that enable retail and institutional investors to access digital assets like Bitcoin in a simple and secure way via their traditional bank account. In infrastructure business, it participates in decentralized blockchain networks by processing data transactions from nodes based in Europe and the Middle East. Its ventures business includes making early-stage investments in companies, banks and foundations in the digital asset space. Its DeFi Alpha business operates a specialized arbitrage trading desk based in Switzerland.


NEO:DEFI - Post by User

Post by ProfPennyPinchon Mar 26, 2021 1:43pm
189 Views
Post# 32887210

DeFi Technologies - Making major moves

DeFi Technologies - Making major moves
$DEFI (DeFi Technologies) announcing a partnership with $HVBTF (HIVE Blockchain Technologies) for a share swap agreement. HIVE will receive 10M $DEFI shares (6.5% of the company) and 4M $HVBTF shares (1.1%). The partnership will strengthen both companies by increasing their reach within the blockchain sector. 
 
$DEFI has been making many moves this March within the blockchain space such as
 
> LOI acquire the remaining 80% of Valour Structured Products
 
> Investment in Volmex Finance
 
> Launched DeFi Governance
 
> Closed $10M private placement
 
> Appointment of Anthony Pompliano as an Advisor
 
With the blockchain sector still exploding in growth this year and cryptocurrencies hitting all-time-highs $DEFI is well-positioned to take advantage of the sector's growth. I'm increasing my position because I believe that they'll further increase their presence and become a significant player within the blockchain sector in the near future.
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