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DeFi Technologies ( (TSE:DEFI) ) has provided an announcement.
DeFi Technologies has entered into a strategic agreement with CoreFi Strategy and Orinswift Ventures to facilitate a reverse takeover and list on the Cboe Canada Stock Exchange. This collaboration includes a significant US$20 million commitment in CORE Tokens from the Core Foundation, which will bolster CoreFi’s treasury and enhance its operational capabilities in Bitcoin Finance technologies. The partnership aims to leverage the strengths of CoreFi’s regulated and leveraged Bitcoin yield strategies, positioning the resulting entity as a leader in the rapidly growing BTCfi sector. This move is expected to expand Bitcoin’s utility and scalability, offering new financial tools and yield opportunities to institutional and retail investors, thereby adding value to DeFi Technologies’ portfolio and stakeholders.
More about DeFi Technologies
DeFi Technologies Inc. is a financial technology company that merges traditional capital markets with decentralized finance (DeFi). The company is focused on providing innovative financial solutions and investment strategies revolving around Bitcoin Finance (BTCfi) and the Core blockchain, aiming to unlock new opportunities in the digital asset sector.
YTD Price Performance: 0%
Average Trading Volume: 455,238
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$51.06M
See more data about DEFI stock on TipRanks’ Stock Analysis page.
