DeFi Technologies initiated with a Buy at H.C. Wainwright

H.C. Wainwright initiated coverage of DeFi Technologies (DEFTF) with a Buy rating and $4.50 price target DeFi is a crypto asset manager, offering crypto investment exchange traded products across multiple geographies, the analyst tells investors in a research note. The firm cites the strong growth of crypto investment products, the company’s expanding geographic targets and product launches for the Buy rating.