Subsidiary Valour Inc. Provides Monthly Corporate Update - Record High in AUM: Valour Inc., a subsidiary of DeFi Technologies ("Valour"), reached a new record in Assets Under Management ("AUM"), totaling C$530.9 Million on January 2, 2024, reflecting significant growth in the value of assets underpinning Valour's exchange traded products ("ETPs") and an increase in investor demand.
- Strong December 2023 Market Performance and Impressive Sales Achievement: Valour achieved a robust performance in December with a daily average turnover of C$8.1 million. Additionally, Valour ended the month with C$507.2 million in AUM, representing a gain of 217% for the year, and achieved an all-time net sales of C$521.9 million. These figures highlight Valour's notable presence in the digital assets market and its commitment to offering innovative financial products that align with emerging investment trends.
TORONTO, Jan. 8, 2024 /PRNewswire/ - DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (NEO: DEFI) (GR: RB9) (OTC: DEFTF), a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance ("DeFi"), is pleased to announce that its subsidiary, Valour Inc. ("Valour"), a leading issuer of exchange traded products ("ETPs") that provide simplified access to digital assets, set a record high in assets under management ("AUM") of C$530.9 Million on January 2, 2024.
DeFi Technologies Subsidiary Valour Inc. Provides Monthly Corporate Update: Set Record High C$530.9 Million in Assets Under Management (prnewswire.com)