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Bullboard - Stock Discussion Forum 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... see more

NEO:DEFI - Post Discussion

DeFi Technologies Inc > $DEFI Announcement
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Post by SkywalkerofLuke on Jun 10, 2021 4:46pm

$DEFI Announcement

$DEFI announced it has entered into an agreement with SDK:meta, LLC to acquire a 10% equity interest in SDK:meta, a privately held web3 blockchain technology company driving mass adoption of user-centric platforms and mobile consumption of decentralized finance and related offerings. 


In accordance with the agreement DeFi Technologies will issue 3,000,000 common shares of the Company to SDK in exchange for a 10% of the units in the capital of SDK:meta upon closing of the Acquisition. No finders' fees are payable in connection with the Acquisition.


Great news for $DEFI who is up 2.4% , MC is $262.39M. 


Check it out 

https://www.newswire.ca/news-releases/defi-technologies-signs-agreement-to-acquire-10-of-sdk-meta-873178493.html

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DeFi Technologies Inc