DeFi Technologies (TSE:DEFI) has released an update.
DeFi Technologies has embraced Bitcoin as its primary treasury reserve, purchasing 110 Bitcoins, and reports substantial growth with a 64.9% increase in AUM to C$837 million. Their subsidiary, Valour, has repaid US$5 million in loans, bolstering its financial position. The company’s innovative strides include launching new ETPs and generating significant revenue from its DeFi Alpha trading desk, highlighting its successful integration of traditional finance and decentralized finance.
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