DeFi Technologies Inc formerly Valour Inc is a Canadian technology company bridging the gap between traditional capital markets and decentralized finance. The Company generates revenues through the issuance of exchange-traded products that synthetically track the value of a single DeFi protocol, investments in various companies, and protocols across the...
DEFI is reversing after drop caused by single seller. Recent financials look solid for its $22M market cap:
- $4.4M in cash + $43.9M in venture portfolio investments
- Assets under management: $191M
For some context, GLXY (Galaxy Digital) is valued at $2B with $2B in assets under management. It will probably require some help from crypto markets to catch a real...
DEFI has been hit hard recently with weak BTC/markets. The stock hasn't traded this low since July 2021. Lots of value created since then. Oversold RSI. On watch for at least a short term bounce but longterm position could be considered as well.
DeFi Technologies Announces Fiscal 2021 Financial Results with Total Revenue Up 411% Year-over-Year to $15.1M
Key Highlights of Q4 2021
- As at December 31, 2021 achieved US$363 million assets under management ("AUM") in fully owned subsidiary Valour Inc. ("Valour"), which is responsible for the company's portfolio of exchange-traded products ("ETPs");
- Valour...
DEFTF defi will comeback soon
Ethereum is going up and some Defi runs on Ethereum
we might see a bit more down side to go as Ethereum and bitcoin steal the thunder but Defi is where to be later this year so buy it soon before it reverses its down trends and goes higher.
