* Launch of Landmark ETPs: DeFi Technologies' subsidiary Valour Inc. unveils
three groundbreaking Exchange Traded Products ("ETPs") including the Valour
Internet Computer (ICP) ETP, Valour Toncoin (TON) ETP, and Valour Chainlink
(LINK) ETP, marking significant milestones in the Nordic investment
landscape.
* Nordics' First of Their Kind: The Valour Internet Computer (ICP) ETP and
Valour Toncoin (TON) ETP are the first offerings of their kind in the
Nordics, providing investors unprecedented access to innovative ecosystems.
* Simplified Access to Cutting-Edge Assets: Trading of all three ETPs
commenced on May 10, 2024, with a 1.9% management fee. These ETPs enable
seamless access to cutting-edge digital assets, offering investors
simplified avenues to engage with the transformative potential of ICP, TON,
and LINK.
* Toncoin (TON) Research Coverage: DeFi Technologies subsidiary, Reflexivity
Research, a leading research firm specializing in creating high-quality, in-
depth research reports for the bitcoin and cryptocurrency industry to
empower investors with valuable insights, has initiated research coverage on
TON.
TORONTO, May 13, 2024 (GLOBE NEWSWIRE) -- DeFi Technologies Inc. (the "Company"
or "DeFi Technologies") (CBOE CA: DEFI (https://www.neo.inc/en/live/security-
activity/DEFI#!/market-depth)) (GR: R9B (https://www.boerse-
frankfurt.de/equity/defi-technologies-inc-1)) (OTC: DEFTF
(https://finance.yahoo.com/quote/DEFTF/)), a financial technology company that
pioneers the convergence of traditional capital markets with the world of
decentralised finance ("DeFi"), is pleased to announce that its subsidiary
Valour Inc. ("Valour"), a leading issuer of exchange traded products ("ETPs")
that provide simplified access to digital assets, has launched three ETPs. Among
these offerings are the Valour Internet Computer (ICP) ETP and the Valour
Toncoin (TON) ETP, the first of their kind in the Nordics. These are accompanied
by the Valour Chainlink (LINK) ETP, providing simplified access to cutting-edge
digital assets.
Trading of all three ETPs commenced on May 10, 2024, with a 1.9% management fee.
Valour Internet Computer (ICP) ETP
Valour Internet Computer (ICP (https://valour.com/products/valour-internet-
computer)) SEK ETP (ISIN: CH1213604510) offers investors unprecedented access to
the future of web development by tracking the price of ICP, the native token
powering the Internet Computer ecosystem. With its unique focus on simplicity
and security, investors can seamlessly engage with ICP through their traditional
bank or brokerage accounts. ICP has a market cap of $5.5 Billion and ranks
twenty-fourth among all cryptocurrencies globally.
The Internet Computer project is pioneering a new era of web development by
creating a decentralized and scalable internet infrastructure. By enabling smart
contracts to run directly on its network, the Internet Computer eliminates the
need for traditional server-based architectures, ushering in a paradigm shift in
web development. This innovative approach ensures greater security, efficiency,
and accessibility for developers and users alike.
Valour Toncoin (TON) ETP
The Valour Toncoin (TON (https://valour.com/products/toncoin)) SEK ETP (ISIN:
CH1161139600) enables investors to access Toncoin, the native token of TON,
seamlessly and securely through their traditional bank or brokerage account.
Toncoin, with its focus on rapid transaction speeds and low fees, provides an
efficient solution for both domestic and international payments, making it an
attractive option for various financial applications. TON has a market cap of
$23.25 Billion and ranks ninth among all cryptocurrencies globally.
Toncoin, the native token of TON, offers a robust and efficient means of
exchanging value, aimed at streamlining payment processes across diverse
financial landscapes. With its emphasis on swift transaction speeds and minimal
transaction fees, Toncoin stands as a promising solution for individuals and
businesses alike seeking seamless payment experiences.
The company is also pleased to announce that its subsidiary, Reflexivity
Research, a leading research firm specializing in creating high-quality, in-
depth research reports for the bitcoin and cryptocurrency industry to empower
investors with valuable insights, has initiated research coverage on TON. The
report can be found here (https://www.reflexivityresearch.com/all-
reports/telegram-open-network-ton-overview).
Valour Chainlink (LINK) ETP
The Valour Chainlink (LINK (https://valour.com/products/valour-chainlink-link))
SEK (ISIN: CH1161139592) ETP will enable investors to gain exposure to LINK,
simply and securely, via their bank or broker. LINK has a market cap of $13.63
Billion and ranks eighteenth among all cryptocurrencies globally.
Chainlink, renowned as a decentralized oracle network, plays a pivotal role in
enabling smart contracts on blockchain platforms to securely interact with real-
world data. By acting as a bridge between blockchain-based smart contracts and
external data sources, Chainlink facilitates the execution of trustless and
tamper-proof agreements. Its decentralized nature ensures the reliability and
integrity of data, thereby enhancing the efficiency and security of blockchain
transactions.
"Valour remains steadfast in our commitment to offering investors a wide array
of digital asset investment opportunities," said Olivier Roussy Newton, CEO of
DeFi Technologies. "The inclusion of these pioneering ETPs in our product lineup
underscores our dedication to delivering innovative solutions that meet the
evolving needs of investors in the digital asset space. We are excited to have
coverage from our recently acquired subsidiary, Reflexivity Research, to
coincide with the product launches, providing investors with valuable insights
and enhancing their understanding of the market landscape."
"Our unique ETP offerings in the Nordics solidify our leading position as the
issuer with the widest array of products," said Johanna Belitz, Valour's Head of
Sales, Nordics. "As demand for altcoins rises, we eagerly anticipate the
reception of our three new offerings in the region."
Valour continues to lead the charge in driving innovation in the digital asset
space and expanding its product offerings to cater to the evolving needs of
investors in the Nordics. In addition to the Valour Toncoin (TON), Internet
Computer (ICP), and Chainlink (LINK) ETPs, Valour plans to introduce a diverse
range of digital asset investment products in the coming months, further
enhancing accessibility and convenience for traditional investors.
For further information, please contact:
Olivier Roussy Newton
Chief Executive Officer
ir@defi.tech (mailto:ir@defi.tech)
(323) 537-7681
About DeFi Technologies
DeFi Technologies Inc. (CBOE CA: DEFI (https://www.neo.inc/en/live/security-
activity/DEFI#!/market-depth)) (GR: R9B (https://www.boerse-
frankfurt.de/equity/defi-technologies-inc-1)) (OTC: DEFTF
(https://finance.yahoo.com/quote/DEFTF/)) is a financial technology company that
pioneers the convergence of traditional capital markets with the world of
decentralized finance (DeFi). With a dedicated focus on industry-leading Web3
technologies, DeFi Technologies aims to provide widespread investor access to
the future of finance. Backed by an esteemed team of experts with extensive
experience in financial markets and digital assets, we are committed to
revolutionizing the way individuals and institutions interact with the evolving
financial ecosystem. Join DeFi Technologies' digital community on Linkedin
(https://www.linkedin.com/company/defitechglobal/) and Twitter
(https://twitter.com/defitechglobal), and for more details, visit
https://defi.tech/
About Valour
Valour Inc. and Valour Digital Securities Limited (together, "Valour") issues
exchange traded products ("ETPs") that enable retail and institutional investors
to access digital assets like Bitcoin in a simple and secure way via their
traditional bank account. Valour is part of the asset management business line
of DeFi Technologies Inc. (CBOE CA: DEFI (https://www.neo.inc/en/live/security-
activity/DEFI#!/market-depth)) (GR: R9B (https://www.boerse-
frankfurt.de/equity/defi-technologies-inc-1)) (OTC: DEFTF
(https://finance.yahoo.com/quote/DEFTF/)).
In addition to their novel physical backed digital asset platform, which
includes 1Valour Bitcoin Physical Carbon Neutral
(https://valour.com/products/valour-bitcoin-carbon-neutral) ETP, 1Valour
Ethereum Physical Staking (https://valour.com/products/valour-ethereum-staking),
and 1Valour Internet Computer Physical Staking
(https://valour.com/products/valour-internet-computer-staking), Valour offers
fully hedged digital asset ETPs with low to zero management fees, with product
listings across European exchanges, banks and broker platforms. Valour's
existing product range includes Valour Uniswap (UNI
(https://valour.com/products/uniswap)), Cardano (ADA
(https://valour.com/products/cardano)), Polkadot (DOT
(https://valour.com/products/polkadot)), Solana (SOL
(https://valour.com/products/solana)), Avalanche (AVAX
(https://valour.com/products/avalanche)), Cosmos (ATOM
(https://valour.com/products/cosmos)), Binance (BNB
(https://valour.com/products/binance)), Ripple (XRP
(https://valour.com/products/valour-ripple)), Toncoin (TON
(https://valour.com/products/toncoin)), Internet Computer (ICP
(https://valour.com/products/valour-internet-computer)), Chainlink (LINK
(https://valour.com/products/valour-chainlink-link)), Enjin (ENJ
(https://valour.com/products/enjin)), Bitcoin Carbon Neutral (BTCN
(https://valour.com/products/valour-bitcoin-carbon-neutral)), Valour Digital
Asset Basket 10 (VDAB10 (https://valour.com/products/valour-digital-asset-
basket)) and 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip
(https://valour.com/products/valour-stoxx-bitcoin-suisse-digital-asset-blue-
chip) ETPs with low management fees. Valour's flagship products are Bitcoin Zero
and Ethereum Zero, the first fully hedged, passive investment products with
Bitcoin (BTC (https://valour.com/products/valour-bitcoin)) and Ethereum (ETH
(https://valour.com/products/ethereum-zero)) as underlyings which are completely
fee free.
For more information on Valour, to subscribe, or to receive updates and
financial information, visit valour.com (https://valour.com/).
About Reflexivity Research
Reflexivity Research LLC is a leading research firm specializing in the creation
of high-quality, in-depth research reports for the bitcoin and cryptocurrency
industry, empowering investors with valuable insights. For more information,
please visit https://www.reflexivityresearch.com/
Cautionary note regarding forward-looking information:
This press release contains "forward-looking information" within the meaning of
applicable Canadian securities legislation. Forward-looking information
includes, but is not limited to statements regarding the Internet Computer
project, Chainlink and Toncoin; the development and listing of future ETPs; the
regulatory environment with respect to the growth and adoption of decentralized
finance; the pursuit by the Company and its subsidiaries of business
opportunities; and the merits or potential returns of any such opportunities.
Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of activity,
performance or achievements of the Company, as the case may be, to be materially
different from those expressed or implied by such forward-looking information.
Such risks, uncertainties and other factors include, but is not limited the
acceptance of Valour exchange traded products by exchanges; growth and
development of decentralised finance and cryptocurrency sector; rules and
regulations with respect to decentralised finance and cryptocurrency; general
business, economic, competitive, political and social uncertainties. Although
the Company has attempted to identify important factors that could cause actual
results to differ materially from those contained in forward-looking
information, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such
information will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking information. The
Company does not undertake to update any forward-looking information, except in
accordance with applicable securities laws.
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