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DeFi Technologies Inc N.DEFI

Alternate Symbol(s):  DEFTF

Financial Services Asset Management
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

DeFi Technologies Inc
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Post by JGibbson Apr 09, 2021 3:18pm
211 Views
Post# 32968195

Bullish news from $DEFI

Bullish news from $DEFI
Very bullish news today. DeFi Technologies Announces Launch of Normal Course Issuer Bid -

Will purchase its Common Shares in open market transactions through the facilities of the Exchange and/or other Canadian alternative trading platforms not to exceed up to 9.7% of the public float for the Common Shares as of April 9, 2021, or 18,162,177 Common Shares

For those that dont understand what that means ... The company will be doing a share buy back. They will be buying up to 9.7% of their own stock back to tighten up the float and take it away from sellers. The complete opposite of dilution. Very bullish especially for a microcap. 


https://www.globenewswire.com/news-release/2021/04/09/2207400/0/en/DeFi-Technologies-Announces-Launch-of-Normal-Course-Issuer-Bid.html
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