DeFi Technologies (TSE:DEFI) has released an update.
DeFi Technologies is set to acquire Stillman Digital, a leading OTC desk and digital asset liquidity provider with over $15 billion in trade volume since 2021, looking to enhance trading capabilities and customer diversity. The acquisition promises to stabilize DeFi Technologies’ revenue streams while supporting Stillman’s expansion into new business areas such as Custody, Foreign Exchange, and Proprietary Trading. This strategic move is aimed at cementing DeFi Technologies’ position in the world of decentralized finance by leveraging Stillman’s robust market presence and technological prowess.
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