ChainCatcher news, decentralized finance and digital asset company DeFi Technologies announced that it will acquire a minority stake in Swiss asset management company Neuronomics AG, with the specific acquisition amount not disclosed. According to the terms of the letter of intent, DeFi Technologies will increase its stake in Neuronomics by subscribing to 10% of the issued and outstanding securities of Neuronomics. This acquisition aims to enhance DeFi Technologies' asset management and trading capabilities, diversify revenue sources, and complement the company's specialized arbitrage trading platform DeFi Alpha.It is reported that Neuronomics specializes in quantitative trading strategies driven by artificial intelligence, computational neuroscience, and quantitative finance, and holds an asset management license issued by the Swiss Financial Market Supervisory Authority (FINMA).

ChainCatcher news, according to Cointelegraph, the cryptocurrency investment platform DeFi Technologies has created a new company called SolFi, aiming to become "the MicroStrategy of Solana."DeFi Technologies stated that its subsidiary SolFi is fully focused on "providing investors direct access to the Solana blockchain ecosystem through proprietary trading, validator node operations, and ecosystem investments." It added that SolFi will compete with existing SOL staking platforms, aiming to offer higher staking SOL yields.

ChainCatcher news, according to PRNewswire, DeFi Technologies subsidiary Valour has launched the exchange-traded product Valour Sui (SUI) ETP on the Spotlight Stock Market in Sweden, providing retail and institutional investors with investment opportunities in SUI.

ChainCatcher news, Canadian listed company DeFi Technologies released its financial report for the period ending September 30, 2024. Its subsidiaries Valour Inc. and Valour Digital Securities Limited have assets under management reaching $561 million, a 49% increase year-to-date. As of September 30, 2024, the company has a cash balance of approximately CAD 19.7 million (USD 14.6 million), loans payable of about CAD 13.5 million (USD 10 million), and holds 204.3 BTC. Other treasury assets include: 81.3 ETH, 246,683 ADA, 86,616 DOT, 5,745 SOL, 491 UNI, 433,322 AVAX, and 2,755,203 CORE.

ChainCatcher news, according to Decrypt, DeFi Technologies has announced that it has submitted a 40-F registration form to the U.S. Securities and Exchange Commission, preparing to list on the Nasdaq stock market. The company's common stock listing on Nasdaq still requires approval from Nasdaq and must meet all applicable listing and regulatory requirements, including the effectiveness of the 40-F form announced by the U.S. Securities and Exchange Commission. The company's stock will also continue to be listed on the Canadian Cboe.It is reported that DeFi Technologies is the parent company of several cryptocurrency-focused subsidiaries, particularly the exchange-traded fund (ETF) operator Valour, which is currently trading under the DEFI code on the Canadian exchange (Cboe Canada) and under the DEFTF code in the over-the-counter market.

According to ChainCatcher news, as reported by PRnewswire, the Web3 listed company DeFi Technologies has released its financial performance report for the three and six months ended June 30, 2024, which discloses:A cash balance of CAD 19.5 million (USD 14.2 million), along with holdings of USDT valued at USD 54.5 million and 110 BTC.The digital asset fund positions include: 204.23 BTC, 12,775 SOL, and 1,484,148 CORE, with a total value of approximately USD 21.2 million.The assets under management increased by 43.7% from CAD 508.1 million (USD 370.8 million) as of December 31, 2023, to approximately CAD 730.1 million (USD 532.2 million) as of June 30, 2024.Total revenue for the second quarter of 2024 was CAD 133.2 million (USD 98 million), showing significant improvement compared to total revenue of CAD 7.4 million (USD 5.4 million) in the same period of 2023.

ChainCatcher news, fintech company DeFi Technologies announced that as of July 31, 2024, its subsidiary Valour's assets under management (AUM) have increased to CAD 837 million (approximately USD 609 million), a growth of 64% year-to-date. The net inflow in July was CAD 9.3 million (approximately USD 6.75 million).The company currently has a cash and USDT balance of approximately CAD 56.2 million (USD 40.9 million) and loans of about CAD 17.9 million (USD 13 million).As of August 7, the company holds 204.34 bitcoins, 12,775 SOL tokens, and 1,484,148 CORE tokens, with a total value of CAD 20.7 million (USD 15.1 million).In terms of products, Valour has launched the world's first NEAR protocol ETP.

ChainCatcher news, fintech company DeFi Technologies Inc. announced that it has additionally purchased 94.34 BTC, bringing its total BTC holdings to 204.34 BTC. Furthermore, the company has acquired 12,775 SOL tokens and 1,484,148 CORE tokens, and plans to actively participate in the staking facilities of CORE DAO.

ChainCatcher news, Canadian listed company DeFi Technologies has signed a letter of intent to acquire digital asset liquidity provider Stillman Digital, whose core business includes electronic trading execution, over-the-counter block trading, and market making. According to the letter of intent, DeFi Technologies will acquire all issued and outstanding securities of Stillman Digital in exchange for 2.5 million shares of DeFi Technologies common stock, of which 1 million shares are subject to a lock-up plan and will be released quarterly over one year.Both parties intend to reach a final agreement on the acquisition by July 31, 2024.

ChainCatcher news, Valour Inc., a subsidiary of DeFi Technologies, has launched two new exchange-traded products on the Spotlight Stock Market, namely Valour Core (CORE) ETP and Valour Hedera (HBAR) ETP.Valour Core ETP offers investment in the native token of the Core blockchain through its unique Satoshi Plus consensus mechanism, while Valour Hedera ETP provides access to the energy-efficient HBAR cryptocurrency of Hedera.

ChainCatcher news, according to CoinDesk, the previous sell-off of altcoins triggered a decline in DeFi Technologies' stock price, but Wall Street brokerage firm Benchmark stated in a research report on Thursday that the sell-off of DeFi Technologies (DEFI) shares appears to be excessive, and the stock now presents an attractive buying opportunity, reiterating its buy rating.

ChainCatcher news, according to Google Finance data, the stock price of Canadian listed company DeFi Technologies rose 23% after buying BTC yesterday.Previously, financial technology company DeFi Technologies (OTCMKTS: DEFTF) announced on Monday that it will adopt Bitcoin as the primary reserve asset for its treasury. The listed company announced that it has increased its holdings by a total of 110 BTC, worth approximately $7.7 million at current prices.

ChainCatcher news, according to CoinGape, the fintech company DeFi Technologies (OTCMKTS: DEFTF) announced on Monday that it will adopt Bitcoin as the primary reserve asset for its treasury, aiming to protect its reserves from currency devaluation.The listed company announced that it has acquired a total of 110 BTC at the current price, valued at approximately $7.7 million. It believes that as the adoption of Bitcoin continues to expand, this strategy is expected to yield significant returns.It is reported that DeFi Technologies is committed to the integration of traditional financial markets and the DeFi space.

ChainCatcher news, DeFi Technologies has completed the acquisition of intellectual property from Solana developer Stefan Jørgensen. According to reports, the scale of this strategic acquisition is approximately $4 million. After the acquisition deal is completed, Stefan Jørgensen will join the technology team at DeFi Technologies, responsible for leading the company's expansion in DeFi trading, development, and governance.

ChainCatcher news, Canadian listed company DeFi Technologies has acquired private crypto research firm Reflexivity Research through a 100% stock transaction. The deal involves 5 million shares of DeFi Technologies common stock, with the specific amount undisclosed.It is reported that Reflexivity Research was founded by Anthony Pompliano and Will Clemente, focusing on providing tailored cryptocurrency-native research for traditional financial investors. The research is recognized for its unique Bitcoin analysis and has notable clients, including eToro, Solana, Avalanche, and others.For DeFi Technologies, this acquisition marks its entry into the research field, strengthening its knowledge and understanding in the dynamic cryptocurrency space.

ChainCatcher news, DeFi Technologies Inc. announced that it has completed the acquisition of the core intellectual property ("IP") of the Solana blockchain.