* DeFi Technologies' subsidiary Valour Inc. has expanded its partnership with
justTRADE, making the 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip
ETP available for German savings plans.
* This collaboration, initiated in August 2022, strengthens Valour's position
as a key provider of cryptocurrency products and ETPs for justTRADE's
clientele, aligning with their mission to provide simple and secure access
to digital assets.
* The launch of the 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP,
which follows a rule-based passive index methodology and leverages Bitcoin
Suisse's Global Crypto Taxonomy, marks a historic milestone for STOXX and
expands the accessibility of cryptocurrency investments within mainstream
portfolios.
TORONTO, June 04, 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 broadened its partnership
with justTRADE, a leading German online brokerage platform. The recently
launched 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP is now
available for German savings plans through justTRADE.
The collaboration between justTRADE and Valour builds on a foundation of shared
commitment to innovation and accessibility in financial services. Initiated in
August 2022, this partnership has already positioned Valour as a key provider of
cryptocurrency products and ETPs for justTRADE's clientele in Germany.
justTRADE, known for its user-friendly platform and comprehensive financial
offerings, aligns perfectly with Valour's mission to simplify and secure access
to digital assets through trusted, regulated vehicles. This collaboration not
only extends the range of products available to justTRADE customers but also
reinforces Valour's role as a leader in the digital asset sector.
This recent launch is notably historic, as STOXX, renowned for its benchmark
indices, has for the first time ventured into the cryptocurrency space. The
1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP represents a pioneering
investment opportunity in top-tier digital assets, providing an ideal entry
point for both satellite and mainstream investment strategies. This product
follows the STOXX Digital Asset Blue Chip X Index, applying a rule-based passive
index methodology. It leverages Bitcoin Suisse's comprehensive Global Crypto
Taxonomy for asset classification, ensuring a well-balanced and regularly
adjusted investment portfolio.
The introduction of the 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP
via justTRADE marks a significant milestone in the integration of traditional
financial index expertise with the dynamic world of digital assets. This
strategic move is set to expand the accessibility of cryptocurrency investments
within mainstream portfolios, reflecting a growing recognition of digital assets
as a vital component of diversified investment strategies.
Marco A. Infuso, Chief Sales Officer of Valour, commented on the collaboration,
stating, "We are proud to partner with justTRADE to bring the 1Valour STOXX
Bitcoin Suisse Digital Asset Blue Chip ETP to German retail and institutional
investors. This partnership marks a significant step forward in our mission to
make high-quality digital asset products accessible to a wider audience.
justTRADE's choice of Valour over larger financial institutions underscores our
deep expertise and innovative approach in the ETP space. Together, we are
setting new standards for investment in digital assets."
Michael B. Bußhaus, Co-Founder and Managing Director of justTRADE, stated, "We
are thrilled to have Valour as a partner for our crypto ETPs and savings plans.
Their broad range of products, low costs, and innovative underlyings are very
popular with our customers, making investments in crypto assets easy and
convenient."
About justTRADE
justTRADE is a Frankfurt-based online broker that consistently offers traders
the trading of securities and cryptos for EUR0 order commission (plus standard
market spreads and max. 1EUR external cost) and from a single securities account.
More than 500,000 securities - shares, ETFs, ETCs, wikifolios, certificates,
warrants and leveraged products - can now be traded via iOS and Android or via
the desktop browser, both on-exchange via three exchanges (LS Exchange, Quotrix
and Tradegate Exchange) and off-exchange via five trading partners (J.P. Morgan,
Société Générale, UBS, Vontobel and L&S (wikifolios)). Around 1,500 ETFs, ETCs
and ETPs from twelve providers complete the offering. With the ability to trade
also 27 native cryptos from the same custody account as all securities,
justTRADE offers its customers an unprecedented offering in Germany. In
addition, a total of around 200 securities are also eligible for savings plans.
https://www.justtrade.com/
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)), Valour Bitcoin Staking (BTC
(https://valour.com/products/bitcoin-staking)), 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 digital asset
industry, empowering investors with valuable insights. For more information
please visit https://www.reflexivityresearch.com/
(https://c212.net/c/link/?t=0&l=en&o=4167373-
1&h=493512135&u=https%3A%2F%2Fwww.reflexivityresearch.com%2F&a=https%3A%2F%2Fwww
.reflexivityresearch.com%2F)
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 the trading of the 1Valour STOXX Bitcoin Suisse
Digital Asset Blue Chip ETP on justTRADE; development and listing of future
ETPs; the regulatory environment with respect to the growth and adoption of
digital assets; 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 digital assets sector; rules and regulations with respect to
digital assets; 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.
THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE
For further information, please contact:
Olivier Roussy Newton
Chief Executive Officer
ir@defi.tech (mailto:ir@defi.tech)
(323) 537-7681
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