DEFTF - DeFi Firm Announces Market Share Increase and AUM Growth

2023-11-13 09:38:01 ET

This company is a pioneer in the convergence of traditional capital markets with the world of decentralized finance and a key player in offering accessible and diversified investment opportunities in the evolving ecosystem of digital assets.

%Crytpo native technology firm %DeFiTechnologies (OTC: DEFTF) announced in a press release today that its subsidiary Valour Inc., a leading issuer of exchange-traded products (ETPs), gained significant market share and assets under management and that its Solana holdings overtook Bitcoin as the leading asset.

ETPs provide simplified access to financial products, including digital assets. Valour increased its market share on Swedish exchanges to nearly 28 percent, up 10 percent from the previous month, and AUM rose to C$320 million in early November, up from C$259 million.

Shares closed Friday trade up over seven percent, ending at $0.1658.